Apple: the next iMac would adopt a new design and an Apple Silicon processor this year

For the first time since 2012, Apple would finally renew the design of its iMac. In 2021, Apple is preparing at least three new desktop Macs. According to Bloomberg's Mark Gurman, who also released information on future MacBook Pros and iPhone 12 successors in recent days, Apple will announce an iMac and two Mac Pros in 2021. The transition to Apple Silicon processors gives a new blows to the computers of the Californian giant.     iMac: finally an edge-to-edge screen This year, the iMac could change completely. Mark Gurman indicates that the borders of his screen would be much smaller, like Pro Display XDR, the ultra high-end screen launched by Apple with the Mac Pro in 2019. The back of the computer would also abandon the curvature in favor of a completely flat frame.  This new iMac would also be equipped with an Apple Silicon processor, probably a more powerful chip than the Apple M1 chip currently present in the MacBook Air, MacBook Pro and Mac mini. The 2021 iMac is reportedly

African Export-Import Bank is reassuring about the increase in its operating expenses in 2019, but caution is advised ...

African Export-Import Bank, the multilateral import-export financing institution in Africa, announced on April 8, 2020 that it had generated $ 1.1 billion in revenue during the annual year ended December 31, 2019. The performance is due to increase in interest income as well as fees and commissions on services rendered.
African Export-Import Bank

Behind this increase hides an equally significant increase in operating expenses. They increased by 24% in 2019 reaching $ 108.1 million compared to $ 87.59 million in 2018. “This reflects the expected growth in the recruitment of professional staff, which in turn increased staff costs by 27%. The increase in staff was necessary to support the growth in business volumes. In addition, general and administrative costs increased by 15% with the support of the various strategic initiatives that the Bank was pursuing, "said the institution.

Added to these operating expenses, there was an increased risk of credit losses in accordance with the new calculation standard imposed by international standards (IFRS). The financial institution which is based in Cairo in Egypt, but listed on the Mauritius Stock Exchange, declared potential losses on credit (ECL) amounting to $ 326.7 million as of December 31, 2019, representing growth of 21%. compared to their 2018 level.

At the moment, this is not a major challenge. African Export-Import Bank ended 2019 with net earnings of $ 315.3 million, up 14% from the previous year. In this wake, the net income set aside increased to $ 631 million. It is now to be hoped that the environment will allow it to continue with the growth of its income; which for 2020 will not be obvious with the situation resulting from covid-19.

We also note that African Export-Import Bank has deeply used up its cash, with cash outflows of $ 805 million in 2019, four times more than in 2018. Its cash will also have to continue to support the repayment of its loans which represents according to data recent 71% of its liabilities. For the year 2019, the increase in cash holdings was only $ 307 million compared to $ 948.5 million in 2018.