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The Government of Ghana has listed five key development areas in “The Coordinated Programme of Economic and Social Development Policies”. These development areas centres around socio-economic development, good governance, sustainable development and strengthening the country’s role in international affairs.
The new currency weights for the Special Drawing Rights (SDR) valuation basket was determined by the IMF Executive Board
Saudi Aramco announced record results for Q1 2022 with a net income increase of 82 per cent, driven by higher volumes and pricing.
USAID announced an $808 million package of humanitarian assistance to Syria at the Sixth Brussels Conference on “Sustaining the future of Syria and the region”.
British International Investment and Norfund will invest ZAR 600 million in H1 Capital to develop renewable energy in South Africa.
To improve trade between the African continent and Middle Eastern Countries, Afreximbank and the African Union will support the development of a payment gateway between PAPPS and BUNA.
The African Development Bank has successfully launched an AUD155 million social bond that will mature in October 2032. The bond will fund the continent’s most pressing social development needs.
The World Bank approved $200 million to help the government of Ghana catalyse its digital transformation under the Ghana Digital Acceleration Project.
The United States has announced over $200 million in additional humanitarian assistance for the Horn of Africa region
On 26 April 2022, the Central African Republic became only the second country after El Salvador to adopt Bitcoin as its official and legal tender.