Sri Lanka to boost service sector revenue by ’30
The Sri Lanka Export Development Board (EDB) has set an ambitious target of increasing service sector revenue to $5…
Sri Lanka’s exports decline in Sep. ’24
Sri Lanka's merchandise exports fell 3.49 per cent in September 2024 compared to the previous year, totaling…
ADB approves loan for road project in Kazakhstan
The Asian Development Bank (ADB) approved a $291.49 million local currency loan for the reconstruction of 208…
India’s gold reserves surge in Q2 ’24
India's central bank increased its gold reserves in the second quarter of 2024 to 854.73 metric tons, up from…
S. Arabia reaffirms oil capacity, climate goals
Saudi Arabia will maintain its crude oil capacity at 12.3 million barrels per day while advancing climate…
Egypt’s industrial index dips slightly in Aug. ’24 – CAPMAS
Egypt's manufacturing and transformational industries index, excluding crude oil and petroleum products, reached…
EGX closes on mixed note on Oct 29
Egypt’s stock market (EGX) closed in mixed on Tuesday. The main index, EGX30 went down by 0.50 per cent, to…
Nigerian Moniepoint raises $110m to expand African FinTech solutions
Nigeria-based fintech Moniepoint has secured $110 million in new funding from investors, including Google, to…
EIB approves €300m loan for hydroelectric plant
The European Investment Bank (EIB) has approved a €300 million loan for the construction of the Salto de Chira…
Sudan boosts pledge as Africa seeks $25b for development fund
Sudan has boosted its pledge to the African Development Fund’s upcoming replenishment, committing $3 million,…
