World News

OPEC Fund Arranges $50 Million Syndicated Loan Facility to Promote Access to Finance for SMEs in Paraguay

While the OPEC Fund will contribute US$25 million from its own resources as A-lender, it has also mobilized a US$25 million B-loan from Commercial Bank of Dubai February 7, 2025/OPEC Fund The OPEC Fund for International Development (the OPEC Fund) has arranged a syndicated loan with a US$50 million facility […]

Secure Your Signed Copy of NJ Ayuk’s Groundbreaking Books Today!

Image Credit: AEC February 5, 2025/AEC As a global energy leader, you understand the critical role oil and gas play in shaping Africa’s energy future. NJ Ayuk, an award-winning author, Amazon and Wall Street Journal bestselling writer, and one of Africa’s foremost voices in energy law and policy, offers vital […]

Fed Releases the Hypothetical Scenarios for Its Annual Stress Test

February 5, 2025/US Federal Reserve The Federal Reserve Board on Wednesday released the hypothetical scenarios for its annual stress test, which helps ensure that large banks can lend to households and businesses even in a severe recession. Additionally, the Board released two hypothetical elements designed to probe different risks through […]