Public debt in developing countries rising rapidly – UNCTAD
Orisemeke Benjamin The UN Development and Trade (UNCTAD) has said that public debt in developing countries has grown twice as...
World Economy
OPEC calls for investments in energy infrastructure to meet global demand
Omeiza Bilal The Organization of Petroleum Exporting Countries (OPEC) has said that investment levels in all energies must increase significantly...
Job creation essential for Africa’s growth, development – Dangote
Aliko Dangote, Founder and President/Chief Executive of Dangote Group, says that job creation is essential for making Africa great again.Dangote...
Extreme poverty rising fast in economies hit by conflict, instability – W/Bank
…Conflicts’ frequency surges to 25-year high Orisemeke Benjamin Conflict and instability are taking a devastating toll on the 39 economies...
Poorest countries and fragile states are increasingly falling behind
By Guilaume Chabert, Robert Powell The significant shocks that have buffeted the global economy over the past five years have...
W/Bank Group, IAEA formalize partnership to collaborate on nuclear energy for devt
The World Bank Group and the International Atomic Energy Agency (IAEA) sealed an agreement today to work together to support...
Israel-Iran ceasefire: Relief as oil prices crash, activities resume in global energy industry
Agency Report The entire world has expressed relief following Trump’s surprise announcement of a ceasefire between Israel and Iran. Although...
African leaders urge U.S to embrace investment-driven partnerships, review tariffs
African leaders have called on Monday for an urgent review of U.S. tariffs on African exports, urging a shift towards...
Climate action: Africa eyes on $1.3trn climate finance roadmap
Developing countries are proposing more ambitious climate targets as they prepare to submit their updated Nationally Determined Contributions (NDCs) to...
Developing countries to experience capital slowdown as FDIs fall for 2nd year
Orisemeke Benjamin Global foreign direct investment (FDI) fell by 11%, marking the second consecutive year of decline and confirming a...
