AfDB approves $170m loan for Egypt’s private sector, green growth
The African Development Bank (AfDB) has approved a $170 million loan to Egypt to support the second phase of its…
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World Bank
Oil down on Monday
Oil prices dipped in thin trade on Monday as investors awaited key Chinese and U.S. economic data this week to…
China’s economic growth to slow in ’25 – World Bank
China’s economic growth is projected to reach 4.9 per cent in 2024, with a further moderation to 4.5 per cent in…
Egypt’s MSMEDA invests $3m in Foundation Ventures fund
Egypt's Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has signed documents formalising its $3…
Libya’s economy set to stabilise – World Bank
Libya’s economy is set to stabilise following an agreement that resolved the leadership crisis at the Central Bank…
IFC issues $184m green bond to support biodiversity projects
The International Finance Corporation (IFC), a member of the World Bank Group, has issued a five-year green bond…
WB: Cambodia’s economy to grow by 5.3% in ’24
Cambodia's economy is expected to grow by 5.3 per cent in 2024, up from 5.0 per cent in 2023.
World Bank: Philippines economy to grow in ’24-26
The Philippines' economy is projected to grow at an average rate of 6.0 per cent from 2024 to 2026, supported by…
World Bank: Sustainable forestry key to CAR’s growth
The Central African Republic’s economy is facing stagnation, with a modest GDP growth forecast of 0.7 per cent in…
World Bank forecasts 1.2% growth for Tunisia in ’24
Tunisia’s economy is set to grow by 1.2 per cent in 2024, according to the World Bank’s latest report, as the…