Presentation: MFW4A-EIB Webinar Launch of 2022 EIB FINANCE IN AFRICA Report

Thursday 15 December  -- The Making Finance Work for Africa (MFW4A) and the European Investment Bank (EIB) are organized the virtual launch of the 2022 EIB Finance in Africa Report. 

The webinar discussed the key results of Finance in Africa 2022 report: Navigating the financial landscape in turbulent times. The report is the outcome of a survey of 70 banks in sub-Saharan Africa between April and June 2022 to learn their views on climate lending, gender lending and the accelerating digitisation of the sector in the current unstable global environment. With central banks in many countries raising domestic interest rates and bond funding becoming more expensive due to tighter global financial conditions, banks are increasingly worried about funding costs.

In addition to providing an overview of the current situation in the financial sector in Africa, one of the key aims of the webinar was to understand how banks and central banks are taking on current challenges.