Most Recent World News

Kagame Launches over $100m Green Investment Facility in Rwanda

President Paul Kagame has launched Rwanda’s green investment facility worth $104 million (approx. Rwf109 billion) in its first capitalization to drive private sector ventures in climate-resilient projects. The facility Themed.

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IMF Calls For Climate-Smart Investment In Africa

The International Monetary Fund, IMF’s managing director said on Tuesday that climate change can create “excellent opportunities” for the private sector in Africa, adding that investing in the low-carbon economy.

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IMF Hails Mozambican Government Efforts On Economic And Social Recovery

The International Monetary Fund (IMF) has praised the efforts of the Mozambican government in improving its citizen’s living standards and ensuring stability in economic and social development. The IMF’s resident.

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African Development Bank secures $31 billion at investment forum

The African Development Bank, AfDB, raised $31 billion in investment commitments for projects during the Africa Investment Forum, said the bank’s president Akinwumi Adesina at the end of the three-day.

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Arab Monetary Fund Extends $74m Loan To Tunisia To Boost Its Fiscal Position

The Arab Monetary Fund has extended a $74 million loan to Tunisia to help the North African nation’s fiscal position and boost its gradually recovering economy. The loan package will.

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China-Tanzania ties sealed with 15 agreements during Presidential visit

Chinese President Xi Jinping met Tanzanian President Samia Suluhu Hassan in Beijing on Thursday, and the two leaders agreed to elevate China-Tanzania relations to a comprehensive strategic cooperative partnership, generally.

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World Bank Approves $497 Million For Loan Request To Repurpose Komati Power Plant

A South African project to decommission and repurpose one of state-owned power utility Eskom’s coal-fired power plants using renewables and batteries is set to get $497 million in financing from.

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Mozambique: IMF Commends Government Efforts on Economic Recovery

The International Monetary Fund (IMF) has welcomed the efforts of the Mozambican government in improving the people’s living standard and stabilizing economic and social development indicators. IMF’s Resident Representative in.

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Morocco & UAE to Strengthen Bilateral Cooperation in Agriculture

The Minister of Agriculture, Fisheries, Rural Development, Water and Forests, Mohammed Sadiki, and the UAE Minister of Environment and Climate Change, Mariam Almheiri have met to discuss ways to strengthen.

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China Backs COP 27 In Egypt And Green Transition In Africa

The Chinese Ambassador to Cairo, HE Liao Liqiang, stated on Monday that China backs Egypt’s hosting of COP 27, which will convene in Sharm El Sheikh on November 6-18. In.

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