From September 4 to 6, Beijing hosts the 2024 Forum on China-Africa Cooperation (FOCAC) summit. The event marks China’s largest diplomatic gathering since the COVID-19 pandemic. It attracted over 50 African leaders, highlighting its significance. The summit targets Africa’s infrastructure funding gap, estimated at $130 billion to $170 billion annually by the African Development Bank. […]
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Inflation Slowdown in Colombia May Lead to Rate Cuts
In Colombia, inflation remains high, yet its recent trajectory indicates a potential decrease in interest rates by the Banco de la República. The central bank’s recent meetings have shown a divided vote on reducing interest rates. Notably, two co-directors have consistently advocated for a 25 basis point cut. At a recent forum in Bogotá, Finance […]
