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Youth are Africa's best asset; invest in them - African Development Bank President Adesina


Africa’s underinvested youth are in need of urgent attention  and youth entrepreneurship investment banks must become the focus of global support, the African Development Bank (www.AfDB.org) head Dr. Akinwumi A. Adesina said Monday in a discussion on scaling up financing for the continent’s youth.
Adesina was speaking at a virtual roundtable at which he presented a novel concept for youth entrepreneurship investment banks. The roundtable, organized by the African Development Bank, came a day ahead of the Summit on Financing African Economies convened by President Emmanuel Macron.
Spanish Foreign Minister Arancha González Laya, Jean-Michel Severino, CEO of Investisseurs et Partenaires; Ashish J. Thakkar, CEO of Mara Phones; Yana Kakar Global Managing Partner Emeritus at Dalberg Advisors; Yvonne Otieno, CEO, Miyonga Fresh Greens, and other representatives of the private sector joined in the meeting. ....

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Franklin Templeton gets ₹1,261 crore in six debt schemes - The Hindu BusinessLine


Franklin Templeton gets ₹1,261 crore in six debt schemes
May 17, 2021
From sale of asset, maturities, part payments, pre-payments and coupons in first fortnight of May
The six suspended debt schemes of Franklin Templeton have received ₹1,261 crore from sale of asset, maturities, part payments, pre-payments and coupons in the first fortnight of this month.
The schemes have received ₹20,615 crore since they were suspended for trading on April 24, 2020. They have distributed ₹14,572 crore in three tranches to the unitholders, so far.
As of May 15, the schemes have another ₹1,261 crore with Franklin Templeton Ultra Short Term Bond Fund having assets of ₹566 crore while short-term income plan and income opportunity funds have ₹372 crore and ₹112 crore. ....

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The true test of investing skill: how much you have left when the bull market is over

The true test of investing skill: how much you have left when the bull market is over
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