MFW4A- Newsletter of the Making Finance Work for Africa Parntership
Making Finance Work for Africa
Issue 83 Newsletter | 09/2013

Dear Readers, 

We are now entering the final phase of the MFW4A Knowledge Management Online Survey. I wish to thank those of you who have already completed the questionnaire. For those who have not yet had the time to respond, please note that the ten minutes you will dedicate to our survey will go a long way towards helping us shape the revamped MFW4A website. 

Your views are essential to us. 

Thank you for your support. 

Stefan Nalletamby
MFW4A Partnership Coordinator 

Bond index: why the weighting methodology matters?

Indices have been around for centuries to measure performance and change. The first conceptual index was created by Henry Rice Vaughan in 1675 in his book 'A Discource of Coin and Coinage' when he compared price levels over time (Chance, 1966). In 1707, William Fleetwood published the first price index in the Chronicon Preciouson to show the change of prices over time (Chance, 1966). The first investment index was calculated when - according to McHugh and Wood (2006), Charles Henry Dow "invented" the concept of following parts of the stock market separately as indices, in 1896. As editor of the Wall Street Journal, he believed that "averages" or indices can be an indicator of business conditions. Charles Dow set up the rail indexes (now called the Trannies) and the Industrials indexes. Read More

30.09.2013 | Cameroon's government clamps down on clandestine bank branches
Cameroon's Finance Minister Alamine Ousmane Mey has given financial institutions until September 30th to comply with regulations.  

27.09.2013 | Nigeria's central bank mobilises €1.9bn for SMEs in Kebbi
The Central Bank of Nigeria (CBN) has earmarked N420 billion (€1.9 billion) as Credit Guarantee Scheme to support small and medium-sized enterprises (SMEs) in the Kebbi region, the Secretary of the Nigerian Association of Small Scale Industries (NASSI) has revealed.     

27.09.2013 | Chad issues new bond to finance its International Business City
Chad has issued Cfaf85 billion (€129.5 million) worth of bonds on the Douala Stock Exchange, the government has announced on Wednesday (September 25th).   



Banking in Sub-Saharan Africa: The Macroeconomic Context
M. Mlachila, S.G. Park, M. Yabara | IMF | 2013    

Benchmarking Financial Systems: Introducing the Financial Possibility Frontier
T. Beck, E. Feyen | The World Bank | 2013      


2013 Yearbook - Housing Finance in Africa
CAHF, FinMark Trust | CAHF, FinMark Trust | 2013

12th Annual Conference of the African Microfinance Network (AFMIN)
15.10.2013 – 18.10.2013 | Ethiopia, Addis Ababa   


2nd Annual Islamic Banking Summit   
06.11.2013 – 07.11.2013 | Djibouti, Djibouti


Building Women-Focused Finance: Middle East & North Africa Conference
19.11.2013 – 20.11.2013 | Amman, Jordan



MFW4A Yearly Report 2012

The report presents the activities conducted by the MFW4A Partnership Secretariat with reference to the key strategic goals set forth in the Partnership's three-year strategy for 2012-2014. The report further highlights significant outcomes during the year in promoting financial sector development in Africa.

Access the new Stakeholder Engagement Web Portal for further information on MFW4A's engagement activities with African financial sector stakeholders. 

Watch the new MFW4A animated presentation. 

Access the Landscaping Microinsurance in Africa Map which provides up-to-date data on microinsurance providers, products, distribution channels, and market trends.

Visit the MFW4A online Donor Projects Database (DPD).

Discover what the international press reports on Africa's financial sectors in our weekly Press Digest - now publicly available on the MFW4A website!

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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