Most Recent World News

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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Nigeria’s First Deep Sea Port Inaugurated In Lagos

China Harbor Engineering Company Ltd (CHEC) on Monday handed over Nigeria’s first deep sea port to the government after the completion of the huge maritime project in the country’s economic.

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Africa: EU Signs Six Financing Agreements With Mozambique

The European Union, EU, has signed six financing agreements worth more than 148 million euros for development programs in Mozambique. Among the areas covered by the funding are education, water.

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President Akufo-Addo Reaffirms Decision to Partner with IMF

The Ghanaian President, Nana Akufo-Addo has explained to the citizens of his country his government’s decision to seek a U.S. $3 billion bailout from the International Monetary Fund, IMF. He.

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Juba Receives IMF Team to Enhance National Financial Growth

The International Monetary Fund (IMF) has assigned a team of experts to South Sudan to help design social safety nets for the country. According to the National Minister of Finance.

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Tunisia to Improve Economy by Implementing Reforms

Tunisia’s Central Bank Governor, Marouan Abassi, has mentioned that the country will kick off with economic reforms that have been delayed for years, adding that financial authorities have been working.

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Ghana: Group Pledges Support Over Economic crisis

The Association of Ghana Industries (AGI) has expressed its readiness to support President Nana Addo Dankwa Akufo-Addo to steer the country from the current economic stress. The President Association of.

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