Most Recent World News

Citi, UK’s BII agree $100 million risk-sharing lending deal for Africa

British International Investment (BII) and U.S. bank Citigroup Inc have signed a $100 million risk-sharing facility aimed at boosting lending to small businesses across Africa by up to four times.

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President Samia rules out auctioning of ivory, horns

Tanzanian President, Samia Suluhu, insists the country will not auction confiscated ivory despite calls from campaigners. On May 8, at the official launch of the Royal Tour tourism documentary in.

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Ethiopia, World Bank agree $300 mln grant for reconstruction

The finance ministry said that Ethiopia and the World Bank had signed a pact for a grant of $300 million to assist reconstruction and recovery in conflict-hit areas. Fighting that.

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Tunisia Raises Domestic Electricity and Gas Prices

Tunisia has raised the prices of domestic electricity and gas, a government official has said, in the latest in a series of price hikes in a country whose public finances.

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Central African bank regulator reminds states of crypto ban

Central Africa’s regional banking regulators sent out a reminder on Friday about its ban on cryptocurrencies, weeks after the Central African Republic, a member state, made bitcoin legal tender. The.

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Ghana will solve debt crisis without IMF help, Finance Minister says

Ghana is committed to managing its debt without assistance from the International Monetary Fund (IMF), Finance Minister Ken Ofori-Atta said, expressing his confidence that government measures were moving the country.

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Libya Eyes Offshore Oil Expansion Amid Onshore Force Majeure

Libya is planning to push a critical offshore oil and gas project led by Italian Eni and Libya’s National Oil Company (NOC), in a move that could shift some oil.

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Namibia launches sovereign wealth fund

Namibia has set up a Sovereign Wealth Fund (SWF), to serve as a buffer against future economic shocks, President Hage Geingob said on Thursday. Royalties from the sale of natural,.

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Nigeria Can Earn More $23bn By Closing Gender Gap – World Bank

The World Bank has said that the Nigerian economy could earn an additional $23- $ 29 billion if the country closed the gender gap. This was contained in its new.

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President Buhari Launches $19Billion Climate Fund Project, Solicits Support

On Monday, Nigeria’s President, Muhammadu Buhari, actuated a $19 Billion Fund to be channelled towards ecosystem restoration, tree planting, climate-resilient infrastructure, and climate-smart agriculture, amongst others. The president called on.

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