LDCs can leverage on carbon markets to drive development – UNCTAD
Benjamin Orisemeke UN Trade and Development (UNCTAD) have stated that least developed countries (LDCs) can use carbon market projects to...
World Economy
Africa: Increased collaboration would accelerate Africa’s green energy transition – Afreximbank
Benjamin Orisemeke The eighth Babacar Ndiaye Lecture held at the Four Seasons Hotel in Washington D.C., on 26 October 2024,...
AfDB President calls for bold, innovative, practical solutions to tackle poverty in Africa
Climate change, global financial shocks and growing food insecurity are threatening Africa, the world’s fastest-growing continent and hampering achievement of...
Spain announces €400m financial commitment to IDA
Benjamin Orisemeke Spain has announced an early financial commitment of €400 million to the International Development Association, the World Bank’s...
Climate change worsened rains in flood-hit African regions – Scientists
Devastating rains that triggered deadly floods in Cameroon, Chad, Niger, Nigeria, and Sudan in recent months were worsened by human-caused...
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...
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...
