15, May 2023
Yaoundé: African central banks meet to find solution to climate change 0
The Association of African Central Banks (AACB) kicked off today in Yaoundé a three-day workshop to discuss the impact of climate change on the continent. The theme is “Impact of climate change on food security and Inflation in Africa: the role of the Financial Sector in Financing Agriculture and the Green Economy”.
“The vulnerability of food production to climatic conditions creates a strong dependence of African countries on imports, which leads in turn to their high exposure to imported inflation,” the Association said, pointing out that in such a context there is an urgent need to boost agricultural financing while remaining respectful of environmental standards.
In this vein, the ongoing workshop will work to “identify the main climate shocks in Africa and the new challenges related to food security; take stock of food insecurity and inflation, while highlighting the main factors that cause them; contribute to a better understanding of the role of central banks in stabilizing prices and the role of the financial system in a context marked by climate change”.
With about 40 members to date, the AACB is a framework for dialogue on monetary and financial issues. Among other objectives, the association aims to “promote monetary, banking and financial cooperation in Africa; contribute to strengthening efforts to establish and maintain price stability and financial stability in Africa; consider the advent of a single currency and a single central bank for the whole continent”.
Source: Business in Cameroon




















15, May 2023
Tottenham Hotspur considering a move for Cameroon international 0
According to NapoliCalcioLive, Tottenham Hotspur are considering a move for talented Napoli and Cameroon midfielder Andre-Frank Zambo Anguissa.
The 27-year-old has established himself as an integral part of Luciano Spalletti’s team since his move from Fulham. Anguissa has played a crucial role in Napoli’s success this season, helping them clinch the league title and reach the quarter-finals of the UEFA Champions League.
Tottenham Hotspur and Manchester United are closely monitoring Anguissa’s progress and could potentially make significant offers for him in the upcoming weeks. However, it remains to be seen whether Napoli is willing to part ways with the talented midfielder.
Having signed a contract that runs until 2025, Napoli hold a strong position and are under no obligation to sell Anguissa. The decision ultimately rests with the club, who will weigh the potential financial gain against the player’s value on the field.
For Tottenham Hotspur, bolstering their central midfield is a pressing need, and Anguissa’s technical abilities and physical attributes make him an intriguing prospect for the Premier League.
While the destination of the 27-year-old midfielder is uncertain, it is worth considering the circumstances surrounding the potential move. Napoli will be participating in the prestigious Champions League next season, which may make it less likely for Anguissa to join a club like Tottenham.
In this regard, a move to Manchester United seems more plausible, especially as the Red Devils are closing in on securing Champions League qualification. The allure of playing in Europe’s elite competition could be a deciding factor.
The potential acquisition of Andre-Frank Zambo Anguissa would undoubtedly strengthen Tottenham Hotspur’s midfield and enhance their prospects for the upcoming season. His skill set and experience gained at both Napoli and Fulham make him a valuable asset.
Negotiations between the clubs and the player’s preferences will ultimately determine the outcome of this potential move. It remains to be seen whether Tottenham Hotspur can convince Anguissa to join their ranks.
Source: tothelaneand