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Tag: INFRASTRUCTURE DEVELOPMENT

Companies

IMF: Zambia’s Economy Exhibits Unforeseen Resilience in 2024

February 27, 2025February 27, 2025 - by Allegra Nguyen - Leave a Comment

The IMF has recognized Zambia’s economy as more resilient than expected for 2024, supported by strong sector performance. The report follows an IMF team visit aimed at evaluating the country’s …

IMF: Zambia’s Economy Exhibits Unforeseen Resilience in 2024 Read More
Business / Companies / economics

Implats Seeks Meeting with Zimbabwe Government to Discuss Forex Retention Rules

February 27, 2025February 27, 2025 - by Liam Nguyen - Leave a Comment

Impala Platinum (Implats) is requesting a meeting with Zimbabwe’s President to discuss new foreign exchange rules that complicate investments in the country. The recent increase in dollar retention by the …

Implats Seeks Meeting with Zimbabwe Government to Discuss Forex Retention Rules Read More
Companies

Kenya Faces Ksh.161 Billion Debt Obligation by October, Says CS Mbadi

February 27, 2025February 27, 2025 - by Allegra Nguyen - Leave a Comment

Kenya is obligated to repay Ksh.161 billion in debt by October, including Ksh.116 billion from Eurobonds and Ksh.952 million from syndicated loans. Immediate payments totaling Ksh.123 billion are due, while …

Kenya Faces Ksh.161 Billion Debt Obligation by October, Says CS Mbadi Read More
Business / economics / Technology

Hun Manet’s $1.5 Million Spending on Facebook Ads Raises Transparency Concerns

February 17, 2025February 17, 2025 - by Marcus Chen - Leave a Comment

Prime Minister Hun Manet has spent over $1.5 million on Facebook ads since September 2022, following his father’s tenure. His visibility is enhanced through social media, yet concerns persist regarding …

Hun Manet’s $1.5 Million Spending on Facebook Ads Raises Transparency Concerns Read More
Business / economics

US Cancels Funding for Voter Turnout in India and Political Stability in Bangladesh

February 16, 2025 - by Sofia Nawab - Leave a Comment

The U.S. has cut $21 million in aid for a voter turnout project in India and $29 million aimed at strengthening political stability in Bangladesh, as part of a $723 …

US Cancels Funding for Voter Turnout in India and Political Stability in Bangladesh Read More
Business / economics

Denmark Tops Corruption Index as South Sudan Remains Most Corrupt Country

February 12, 2025February 12, 2025 - by Liam Nguyen - Leave a Comment

Denmark is recognized as the least corrupt country globally, according to the latest Corruption Perception Index (CPI) by Transparency International, while South Sudan ranks as the most corrupt. Nepal is …

Denmark Tops Corruption Index as South Sudan Remains Most Corrupt Country Read More
Business / economics

Soros’ Organizations Receive Over $270 Million in USAID Funding Amid Controversy

February 10, 2025February 10, 2025 - by Sofia Nawab - Leave a Comment

Reports have surfaced revealing that USAID has provided over $270 million to organizations associated with George Soros in the last 15 years. This funding, aimed at various international initiatives, has …

Soros’ Organizations Receive Over $270 Million in USAID Funding Amid Controversy Read More
Business / economics

Peru: A Reliable Investment Partner for Global Investors

February 10, 2025February 10, 2025 - by Sofia Nawab - Leave a Comment

Prime Minister Gustavo Adrianzen declared that Peru is a dependable partner for global investors, highlighting its macroeconomic stability, strategic location, and commitment to sustainable development. He aims for private investment …

Peru: A Reliable Investment Partner for Global Investors Read More
Companies

Michael Atingi-Ego Appointed New Governor of Bank of Uganda, Augustus Nuwagaba as Deputy

February 10, 2025February 10, 2025 - by Carmen Mendez - Leave a Comment

Michael Atingi-Ego is appointed as the new Governor of the Bank of Uganda, with Augustus Nuwagaba as Deputy Governor. Atingi-Ego, previously the Deputy Governor since 2020, is poised to continue …

Michael Atingi-Ego Appointed New Governor of Bank of Uganda, Augustus Nuwagaba as Deputy Read More
Companies

Chinese Nationals Pursue Mining Opportunities in DRC Despite Security Risks

January 24, 2025January 24, 2025 - by Carmen Mendez - Leave a Comment

Chinese nationals are ignoring embassy warnings about security risks in the DRC’s eastern provinces, lured by rich mineral deposits. Despite dangers, many arrive in South Kivu, assisted by local politicians, …

Chinese Nationals Pursue Mining Opportunities in DRC Despite Security Risks Read More

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