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Tag: INFRASTRUCTURE DEVELOPMENT

Business / Companies / economics

Bank of Ghana Justifies $11.1 Million Expenditure for New Headquarters Furnishings

March 5, 2025March 5, 2025 - by Liam Nguyen - Leave a Comment

The Bank of Ghana, represented by Governor Dr. Johnson Asiama, defended the $11.1 million furnishing costs for its new headquarters during a Parliamentary session. He highlighted the inadequacy of the …

Bank of Ghana Justifies $11.1 Million Expenditure for New Headquarters Furnishings Read More
Politics

Malaysia to Invest US$250 Million in AI and Semiconductor Ecosystem with Arm Holdings

March 5, 2025March 5, 2025 - by Allegra Nguyen - Leave a Comment

Malaysia will invest US$250 million over ten years through a partnership with Arm Holdings to foster an AI and semiconductor ecosystem. Prime Minister Anwar Ibrahim will announce the initiative, aiming …

Malaysia to Invest US$250 Million in AI and Semiconductor Ecosystem with Arm Holdings Read More
Global news

Vietnam Advances Regional Partnerships and Domestic Initiatives on March 4

March 5, 2025March 5, 2025 - by Marcus Chen - Leave a Comment

On March 4, Vietnam engaged in significant discussions on science, technology, and innovation under PM Chinh’s guidance. Key topics included human trafficking, economic growth with Singapore, and strengthening ties with …

Vietnam Advances Regional Partnerships and Domestic Initiatives on March 4 Read More
Companies

Governor Marcelo Orrego Advocates for Mining Investment at PDAC 2025

March 5, 2025March 5, 2025 - by Liam Nguyen - Leave a Comment

Governor Marcelo Orrego of San Juan is advocating for investment in the province’s metal mining projects during his visit to Canada. He emphasizes that Argentina, particularly San Juan, possesses all …

Governor Marcelo Orrego Advocates for Mining Investment at PDAC 2025 Read More
Politics

Ruto Pledges Infrastructure Revitalization and Economic Growth for Western Kenya

March 4, 2025March 4, 2025 - by Sofia Nawab - Leave a Comment

President William Ruto has pledged to prioritize development in Western Kenya, promising to construct five new roads to stimulate economic growth. His commitment follows calls for unity among local politicians, …

Ruto Pledges Infrastructure Revitalization and Economic Growth for Western Kenya Read More
Business / economics

Kenya’s Optimism Amidst Growing Uncertainty: Insights from the Edelman Trust Barometer

March 4, 2025March 4, 2025 - by Sofia Nawab - Leave a Comment

Kenya ranks sixth in the world and first in Africa for optimism, per the Edelman Trust Barometer. However, only 53% believe the next generation will fare better, highlighting increasing uncertainty. …

Kenya’s Optimism Amidst Growing Uncertainty: Insights from the Edelman Trust Barometer Read More
Business / Companies

Namibia’s Central Bank Digital Currency Initiative and Telecommunication Developments

March 4, 2025March 4, 2025 - by Marcus Chen - Leave a Comment

Namibia is exploring a CBDC to improve payments and financial inclusion, though the IMF advises caution. Additionally, Safaricom faces a lawsuit for alleged unfair contracts with dealers. The country’s telecom …

Namibia’s Central Bank Digital Currency Initiative and Telecommunication Developments Read More
Companies

IMF Initiates Governance Review in Kenya to Combat Corruption and Enhance Economic Growth

March 4, 2025March 4, 2025 - by Liam Nguyen - Leave a Comment

The IMF has initiated a governance review in Kenya to assess corruption and support economic growth, following a request from the government. Prime Cabinet Secretary Musalia Mudavadi emphasized the importance …

IMF Initiates Governance Review in Kenya to Combat Corruption and Enhance Economic Growth Read More
Business / Companies / economics

Suriname’s Economic Resurgence: Sovereign Restructuring of the Year

March 3, 2025March 3, 2025 - by Allegra Nguyen - Leave a Comment

Since President Chan Santokhi assumed office in May 2020, Suriname’s economy has rebounded from a 16% contraction and a debt-GDP ratio of 148% to a projected 3% growth in 2024 …

Suriname’s Economic Resurgence: Sovereign Restructuring of the Year Read More
Companies

Suspension of Ghana’s Gold-for-Oil Programme Due to Operational Challenges

March 3, 2025March 3, 2025 - by Liam Nguyen - Leave a Comment

The Bank of Ghana, led by Governor Dr. Johnson Asiama, has suspended the Gold-for-Oil programme due to policy and operational issues that have resulted in financial losses. This decision marks …

Suspension of Ghana’s Gold-for-Oil Programme Due to Operational Challenges Read More

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