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Argentina has requested a $20 billion loan from the IMF to stabilize its currency and maintain foreign reserves. Additionally, negotiations for further assistance from the World Bank and IDB are …
Argentina Seeks $20 Billion Loan from IMF to Stabilize Economy Read More
Kenya has launched the 2025 Medium-Term Debt Strategy to enhance public debt management by minimizing costs, reducing risks, and ensuring sustainability. The strategy targets a lessening of Treasury bills, a …
Kenya Introduces 2025 Medium-Term Debt Strategy to Enhance Debt Management Read More
The World Bank has highlighted Nigeria’s inadequate statistical performance compared to peers like Mexico and South Africa. A World Bank delegation, led by Country Director Ndiame Diop, suggested an annual …
World Bank Raises Concerns Over Nigeria’s Statistical Quality and Investment Needs Read More
The United States is postponing a US$2.6 billion climate finance package for South Africa, raising fears it may be entirely blocked. This delay, due to US objections at Climate Investment …
US Stalls US$2.6 Billion Climate Finance Package for South Africa Read More
Nigeria will begin repaying a $500 million loan from the World Bank in 2029, with the loan focused on enhancing primary healthcare services. It entails a structured repayment plan over …
Nigeria to Commence $500 Million Health Loan Repayment in 2029 Read More
Finance Minister Augustine Kpehe Ngafuan emphasized the urgent need to reprogram government projects amidst reduced USAID funding, launching the GREAT Project supported by the World Bank. This initiative aims to …
Ngafuan Advocates Project Reprogramming to Mitigate USAID Funding Impact Read More
Iraq’s economy grew by 1.4% in the past Iranian year, indicating recovery from a previous contraction. This growth is influenced by increased oil production and stability in oil prices. However, …
Iraq’s Economy Grows by 1.4%: Indicators of Recovery? Read More
The COP30 president underscored the critical roles of India and Brazil in combating climate change, given the failures of the Global North to meet commitments. He emphasized the importance of …
India and Brazil’s Role in Global Climate Action: Insights from COP30 President Read More
Minister of Agriculture Nizar Hani held meetings with local and international delegations to discuss agricultural development. Key topics included the National Food Systems Transformation Roadmap, forest ranger recruitment, and support …
Minister of Agriculture Discusses Enhancements in Lebanon’s Agricultural Sector Read More
Colombia, rich in biodiversity, has expanded its climate finance from primarily reducing greenhouse gases to include biodiversity financing. The government, with support from the World Bank Group, has developed regulations …
Advancing Biodiversity Finance Initiatives in Colombia Read More