Africa: Afreximbank to double CANEX funding to $2bn to boost creative economy
Benjamin Orisemeke President and Chairman of the Board of Directors of Afreximbank, Professor Benedict Oramah, has announced that Afreximbank will...
World Economy
IMF approves $3.6bn long-term lending support for low-income countries
The Executive Board of the International Monetary Fund (IMF) has approved a set of reforms to the Fund’s concessional lending facilities...
Brent loses 4.3% as Israel refrains from attacking Iran
The energy market remains unstable as the price of Brent crude oil declined 4.3 per cent on Israel halting attacks...
How high economic uncertainty may threaten global financial stability
By Mario Catalán, Andrea Deghi, and Mahvash S. QureshiUncertainty is not as easily measured as traditional indicators like growth or inflation,...
Ending global poverty can take over 100 years – W/Bank
Agency Report The World Bank says it could take more than a century to eliminate poverty for nearly half the...
NextGen, Alt Carbon sign pact to scale Asian CDR from India’s tea plantations
Benjamin Orisemeke NextGen CDR (NextGen), one of the world’s largest diversified portfolios for permanent carbon dioxide removals (CDRs), announced at...
When foreign exchange intervention can best help countries navigate shocks
Suman Basu, Sonali Das, Olamide Harrison, Erlend Nier With major central banks now cutting policy rates, the global interest rate...
UN approves carbon market safeguards to protect environment and human rights
The UN’s new carbon market will have a compulsory mechanism that aims to prevent developers of carbon credit projects from...
We must place our hope in multilateralism
By Gordon Brown “Those who look only to the past or the present are certain to miss the future.” These...
Eliminating the productivity drag
By Nan Li and Diaa Noureldin The global economy has been struggling to regain its footing since the 2008–09 global...
