Africa, Financing, Home Page, Snippets
New currency weights for SDR valuation basket set by IMF The new currency weights for the Special Drawing Rights (SDR) valuation basket was determined by the IMF Executive Board The new currency weights for the SDR valuation basket were determined by the IMF Executive...
Home Page, Oil and gas, Saudi Arabia, Snippets
The Saudi oil company “Aramco” announced record results for the first quarter of 2022 Saudi Aramco announced record results for Q1 2022 with a net income increase of 82 per cent, driven by higher volumes and pricing. Aramco announced that Net Income...
Healthcare, Home Page, Snippets, Syria
The U.S. provides $808 million in humanitarian aid to Syria 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”. In a press release dated May 10, 2022, the U.S....
Home Page, Power, Power, Snippets, South Africa
British International Investment (BII) and Norfund invest ZAR 600 million in renewable energy development in South Africa British International Investment and Norfund will invest ZAR 600 million in H1 Capital to develop renewable energy in South Africa. In a press...
Africa, Financing, Home Page, Middle East, Snippets
PAPSS and BUNA will collaborate to build a payment gateway between Africa and the Middle East 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...
Africa, Financing, Home Page, Snippets
The African Development Bank launched an AUD155 million social bond 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....
Recent Comments