Modi Launches Green Credit Initiative at COP28
In his keynote address at #COP28 on 1st December 2023, Indian PM Narendra Modi put forward the Green Credit Initiative
Read more
Finance
UN SG Gutteres’ Remarks at COP28
United Nations Secretary-General Antonio Gutteres’ Remarks at Opening of COP28 Dubai Expo City 1 December 2023 Your Highness, President Sheikh
Read more
Half-Billion-Dollar for Loss & Damage Fund Agreed on First Day of COP28
[Dubai, 30 Nov 2023] On the opening day of the #COP28 Summit, the Parties reached a milestone agreement on seeding
Read more
First Foreign Bank Opens in Somalia
On Sunday 29 October 2023, the Central Bank of Somalia announced the approval and opening of the Ziraat Katilim Bank
Read more
Xi Announces Additional $110B Funding at 3rd BRF
During the 3rd Belt and Road Forum (#BRF2023), Chinese President Xi Jinping pledged another USD 100 billion in financing for
Read more
Egypt Becomes First African Country to Issue Panda Bo
In October 2023, Egypt successfully issued its Panda Bond to the tune of RMB 3.5 billion ($479M), making it the
Read more
Egypt Raises RMB 3.5B Through Green Panda Bonds
Egypt became the first African country to raise capital on the Chinese financial market via the issuance Green Panda Bonds.
Read more
UK BII and Dutch ILX Sign Half-Billion-Dollar Sustainable Fund
On 16 October 2023, the British International Investment (BII) and Dutch ILX signed an MoU to co-finance sustainable development. BII
Read more
Turkiye and Africa Seek to Deepen Partnership in Finance at TABEF 2023
During the 4th Turkiye – Africa Business and Economic Forum (TABEF) held in Istanbul from 13 to 14 October 2023,
Read more
IMF Tweaks Sub-Saharan Growth Rate Down to 3.3%
The International Monetary Fund released its publication “Light in the Horizon” during the Annual Meeting of the Word Bank (WB)
Read more