MFW4A- Newsletter of the Making Finance Work for Africa Parntership
Making Finance Work for Africa
Issue 137 Newsletter | 03/2016

Eurobond or Eurobomb?
By Cédric Mbeng Mezui, Coordinator, African Financial Markets Initiative (AFMI)

Sub-Saharan African countries issued a total of $35.9 billion in sovereign bonds between 2005 and 2015. This sudden rush to tap into the international markets was encouraged by a range of factors, including rapid growth and better economic policies in the region, high commodity prices, and low interest rates in developed countries. However, the international market situation has changed, resulting in lower export revenues for African countries, depreciation of  African currencies and reduction in their GDP growth. In this context, our guest blogger examines whether repayment of the eurobonds will lead to "eurobombs", triggering another debt crisis on the continent.

Join our Expert Forums on Microinsurance in Africa

The Microinsurance Network, together with Making Finance Work for Africa and Munich Re Foundation warmly invites you to attend the "Microinsurance in Africa" online Expert Forum series.



Module 2 - The Business Case for microinsurance in Africa 
24th March 2016 | 13:00 GMT / 08:00 EST
Register today >>

Module 3 - Distribution and Innovation

7th April 2016 | 13:00 GMT / 08:00 EST

Register for the full series >>

Uganda finds a "Home" for Agricultural Finance

Following a recent high-level meeting of key stakeholders in Uganda in December 2015, an important milestone has been reached by the Government of Uganda with the Ministry of Finance officially taking on the mantle as the "Home of Agricultural Finance". The achievement is in line with the Kampala Principle No. 1 that underlines the importance of coordination to strengthen agricultural finance policy.

18th Microcredit Summit
15.03.2016 - 17.03.2016 | Abu Dhabi, U.A.E

12th Annual Global Microfinance Forum
17.03.2016 - 18.03.2016 | Berlin, Germany

12th CAADP Partnership Platform
11.04.2016 - 15.04.2016 | Accra, Ghana

Download our new thematic factsheet on agricultural finance





MFW4A on Pension capital in Southern Africa and beyond: New avenues for funding private equity

MFW4A presented its latest brief in SAVCA 2016 to further explore the approach of pension funds in Botswana, Kenya, Namibia and Nigeria in private equity.

The MFW4A invites individual consultants to indicate their interest in the following assignments:

Two individual consultants to support its research, communication and fundraising activities

Associate financial sector advisor - Financial inclusion

Learn more at the MFW4A Opportunities page.

If interested and qualified, please submit your application to: /

The Making Finance Work for Africa (MFW4A) Secretariat
African Development Bank
Immeuble du Centre de Commerce International d'Abidjan (CCIA)
Avenue Jean-Paul II, 01 B.P 1387
Abidjan 01 - Côte d'Ivoire


Tel: (225)

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