China announced on Thursday that it supports the International Monetary Fund's (IMF) proposal regarding the distribution of the Special Drawing Rights allocation
Category: World
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World Bank to give $2 billion to small and medium-sized African businesses
The World Bank announced Wednesday that it will set aside, through the International Finance Corporation (IFC), $2 billion to support small and medium-sized enterprises in Africa
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Elon Musk is no longer the 2nd richest person in the world. The emperor of Mars was dethroned by the baron of luxury
Elon Musk has been swept from second place on the Bloomberg Billionaires Index list of the world's richest people, making way for the luxury goods trading mogul
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Oil companies must suspend projects to achieve zero emissions by 2050
Energy companies must halt all new oil and gas exploration projects starting this year if they want to keep global warming under control
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Environmental sustainability will be one of the criteria of the IMF annual review
The executive director of the International Monetary Fund (IMF), Kristalina Georgieva, said Tuesday that the assessment of environmental sustainability will be one of the aspects of the annual evaluation
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Paris Summit will not "solve Africa's problems
Paris is hosting this Tuesday the Summit on Financing African Economies attended by 17 African heads of state
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African and European banks sign agreement to boost private investments
The African Development Bank (AfDB) and the European Bank for Reconstruction and Development (EBRD) signed a partnership agreement on Monday
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Africa faces a "dangerous divergence" with the rest of the world - IMF
The director of the African department of the International Monetary Fund (IMF) said Monday that the continent faces a "dangerous divergence"
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France launches summit to ensure "massive support" for Africa
The President of the Republic of France brings together dozens of African leaders this week to discuss reviving growth
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"Remittances to Sub-Saharan Africa fell 12.5% last year" - World Bank
Remittances sent to sub-Saharan African countries fell 12.5% last year to $42 billion