Most Recent World News

Africa: WTO Chief, Okonjo-Iweala Talks on Importance of Free Flow Trade

The Director-General of the World Trade Organization, Ngozi Okonjo-Iweala has stressed the importance of “free flow of trade” in Africa to help achieve the goals of global climate change. Okonjo-Iweala.

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Nigeria, Binance in Talks to Establish Crypto-Friendly Economic Zone

The Nigerian government has held a preliminary meeting with crypto exchange Binance to establish a special economic zone aimed at supporting crypto and blockchain-related businesses in a bid to rein.

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Malawi, Scatec JV and EDF sign agreement to develop Mpatamanga hydropower plant

The Government of Malawi and International Financial Corporation (IFC), Scatec and a British Integrated Energy Company (Electricity de France) EDF signed on Tuesday entered a commercial agreement under Malawi’s Public-Private.

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Zambia: IMF Approves US$1.3 billion Extended Credit Facility

The Executive Board of the International Monetary Fund (IMF) has approved a US$1.3 billion extended credit facility for Zambia. The facility was to restore macroeconomic stability and foster higher, more.

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Mozambique: Nyusi Hails Portugal As Costa Resumes Bilateral Talks

The President of the Republic of Mozambique, Filipe Nyusi has expressed gratitude to Portuguese prime minister, António Costa for the resumption of bilateral meetings meant to boost the country’s economy..

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World Bank Moves to end Nigeria’s Regressive Fuel Subsidy

World Bank has resolved to assist Nigeria in phasing out the regressive fuel subsidies plaguing the country and, enhancing social assistance for the poor and vulnerable. The bank’s Group President,.

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US Recognises Liberia’s Progress in Fishing Industry

The US State Department’s 2022 report on Liberia said the country’s fishing industry which had been long dormant compared to pre-war levels, was making advancements that could make it more.

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AfDB President, Adesina calls for more Japanese investments in Africa

The African Development Bank President, AfDB, Dr Akinwumi Adesina has urged Japanese prospective investors to invest more in Africa where investment opportunities and returns on investment are among the highest.

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Japan, AfDB declare US$5 bn support for Africa’s Private Sector

The government of Japan and the African Development Bank, AfDB, have declared a US$5 billion financial cooperation under the fifth phase of the Enhanced Private Sector Assistance for Africa initiative.

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Japan Pledges $30bn for African Development

Japan has appropriated $30 billion as aid for the development of African human resources and to promote economic growth. The country’s Prime Minister, Fumio Kishida who disclosed this online said.

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