"We are working on an initiative to invest €1 billion from 'Team Europe' to develop vaccine manufacturing in Africa, the capacity itself in Africa
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IMF proposes 41 billion plan to end pandemic
The IMF proposes a plan to end the pandemic with estimated funding of $50 billion and a goal of vaccinating 40% of the world's population this year
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"Flawless" pink diamond raised at auction for $29.3 million
The 15.81-carat Sakura gem sold for $29.3 million in Hong Kong, making it the most expensive purple-pink diamond sold at auction
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China says IMF 'new capital' should be distributed to African countries
China announced on Thursday that it supports the International Monetary Fund's (IMF) proposal regarding the distribution of the Special Drawing Rights allocation
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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