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.

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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.

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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.

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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.

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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,.

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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.

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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),.

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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.

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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.

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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.

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