INTERNATIONAL

91% of Ivorian Respondents Believe that Climate Change already Affecting Everyday Life

Hi91% of Ivorian respondents believe that climate change is already affecting their everyday life. 63% of respondents believe that climate change and environmental damage have affected their income or source of livelihood. 77% of Ivorian respondents say investing in renewable energy should be prioritised. Download document here: https://bit.ly/3BKd2Kz These are some of the key findings […]

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AfDB

African Leaders,U.S. Commit to Nutrition Investment for Africa on Margins of U.S -African Leaders Summit

African leaders and the United States government have underlined the the need for increased investment and prioritization of nutrition across the African continent. The African Development Bank through the African Leaders for Nutrition, the Nutrition CEO Council and the African Union Commission convened a high-level discussion on 12 December, on the sidelines of the U.S.-African

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President Ramkalawan concludes participation during US-Africa Leaders Summit in Washington DC

President Wavel Ramkalawan has been among the over 50 African Heads of State and Government and high-level dignitaries who attended the US-Africa Leaders’ Summit held in Washington, DC this week.   Amongst some of the key events, President Ramkalawan attended the US-Africa Business themed ‘Charting the course: The Future of US-Africa Trade and Investment Relations.

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AfDB

Mauritius: AfDB to help build sustainable infrastructure and economic resilience

The Board of Directors of the African Development Bank Group on 15 December 2022 in Abidjan approved the Mauritius Country Strategy Paper for 2022-2027 and the implementation of the identified priority development areas. In addition to building economic resilience by improving the business environment and high value-added production, the Bank plans to focus its development

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NIGERIA: IMF downgrades 2023 growth projection, puts 2022 at 3.4 %

IMF Executive Board Approves 46-month US$3 billion Extended Arrangement for Egypt

The IMF Executive Board approved a 46-month arrangement under the Extended Fund Facility (EFF) for Egypt in an amount of about US$3 billion; Egypt’s IMF-supported program presents a comprehensive policy package to preserve macroeconomic stability, restore buffers, and pave the way for inclusive and private-sector-led growth. The package includes a durable shift to a flexible

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$500m: SERAP asks World Bank to publish documents on funded electricity projects

Congo Undertakes Reforms to Promote Governance, Inclusive and Sustainable Growth, with World Bank Support

The World Bank approved a Development Policy Financing of $50 million, which will support the Republic of Congo’s reform efforts to improve governance, revenue mobilization and public financial management, create the conditions for inclusive and sustainable growth in the country. This Development Policy Financing is the first in a programmatic series of three over the

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USAID Announces New Initiatives, Strengthens Global Partnerships and Alliances at United States-Africa Leaders Summit

During the U.S.-Africa Leaders Summit, USAID Administrator Samantha Power and other senior Agency representatives reinforced the Biden-Harris Administration’s commitment to revitalizing global partnerships and alliances across the African continent. Through a number of new initiatives, events, and bilateral meetings, Administrator Power showcased how the United States is collaborating with Africa on the most pressing global

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Libya: Help make 2023 the year of ‘free and fair elections’, Security Council urged

Since his briefing last month, Mr. Bathily has continued working to advance the political process and revive the electoral track. In Türkiye, Qatar, the United Arab Emirates, Egypt and Tunisia, he told ambassadors he had been seeking coordinated support for the UN Mission, UNSMIL, to help political leaders overcome their differences, and resolve the legitimacy crisis

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Shell, partners lead in PIA implementation – NUPRC

Daystar Power announces completion of acquisition by Shell

Daystar Power, a West African provider of hybrid solar power solutions to commercial and industrial (C&I) businesses, today announced the completion of its acquisition by Shell following the approval of regulatory authorities. The acquisition will allow Daystar to grow its operations in the region, while expanding across the African continent. “We are thrilled about the

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TotalEnergies denounces dissemination by Greenpeace of false and misleading information on greenhouse gas emissions

Aramco, TotalEnergies to build a giant petrochemical complex in Saudi Arabia

By Eyo Nsima The Saudi Arabian Oil Company (Aramco) and TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical facility in Saudi Arabia. The “Amiral” complex will be owned, operated, and integrated with the existing SATORP refinery located in Jubail on Saudi Arabia’s eastern coast. The investment decision is

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