African finance minister's conference: ECA head enthuses about capital Markets, cautions flexibility in implementation of HIPC debt initiative
Author(s)/Corporate Author (s)United Nations. Economic Commission for Africa.;
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Political change has given impetus to increased activity in African capital markets and enthusiasm in stock market development is evidenced by the surge of Wall Street interest in Africa, said a high-ranking United Nations official today, citing this as one of a number of positive developments in Africa that were a cause for optimism. K.Y. Amoako, United Nations Under-Secretary General and Executive Secretary of the Economic Commission for Africa (ECA), was addressing the 6th Session of the Conference of African Ministers of Finance as well a stop-policy makers from the World Bank, International Monetary Fund (IMF),the African Development Bank (AfDB) and investment and major stock exchange leaders from around the world.