Unlock our hidden Gems: Costs to Developing Countries of MDBs not democratising investor access to GEMS risk Database
Africa investor’s call to action for Heads of State at Emmanuel Macron’s #NewGlobalFinancingPact #summit2023 in Paris this week: Democratize investor access to the Global Emerging Markets Risk database (GEMs), which costs Emerging Market and Developing Country (EMDC) borrowers over $15bn each year in extra costs and lost opportunities and to support the GEMs3.0 investor proposal: The GEMs database, owned by a consortium of...
MDBs Loans: A New Asset Class for on and off Balance Sheet
Balance sheet management by multilateral development banks (MDBs) with structured financings is in its infancy but path-breaking deals by the African Development Bank (AfDB) and International Finance Corporation (IFC) show the way. Three MDB transactions are presented herein, involving about $13 billion in public and private sector MDB loans. Both of the AfDB deals totaling $3 billion are synthetic where...