37th AU Summit Pushes for Overhaul of Global Financial Architecture
On Saturday 17 February 2024, during the 37th AU Summit (#AUS2024), a Presidential Dialogue was held to discuss the way
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Finance
Ghana Seeking Relief from EuroBond Creditors
Ghana defaulted on its #EuroBond payments in December 2022 as inflation soared due to the double crisis of the COVID
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Mauritius and Sri Lanka Link Up with Unified Payments Interface
On Monday 12 February 2024 during a virtual launch ceremony in the presence of Indian PM Narendra Modi, Mauritius and
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G77 Pushes for Reform of Global Financial System
The 3rd Global South Summit took place at the Munyoyo Commonwealth Resort in Uganda from 21 to 22 January 2024
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Turk Eximbank Becomes First Non-African Shareholder of African Finance Corporation
On 29 December 2023, the African Finance Corporation (AFC) announced that Turk Eximbank invested to become the first non-African sovereign
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Ethiopia Defaults on Sovereign Bond
Ethiopia failed to effect a payment on its sovereign bond. On 26 December 2023, a USD33 million payout became due,
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COP28 Ends with World Realigned on Path to Scientific and Just Transition
The curtain over the 28th Annual United Nations Climate Change Conference (#COP28) finally closed in UAE on 13 December 2023,
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Commonwealth Launches eLearning Course to Help Africa Access Climate Finance
On 11 December 2023 at #COP28 in Dubai, the Commonwealth Secretary-General Patrica Scotland officially launched the ‘Commonwealth Climate Finance Essentials‘
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Chinese HNWI Seek Eldorado in Singapore
Faced with an ‘unfriendly environment’ in China, Chinese High Net Worth Individuals (#HNWI) are taking their money out of China.
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US VP Harris Pledges $3B Package for Green Climate Fund at COP28
In her address during the #COP28 Summit in Dubai, US Vice-President Kamala Harris pledged USD 3 billion to the Green
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