World News

BudgIT’s Global Dircetor, Oluseun Onigbinde to Attend World Economic Forum Annual Meeting 2025

January 20, 2025/BudgIT Oluseun Onigbinde, Africa’s Social and Data Entrepreneur, is set to attend the 2025 World Economic Forum Annual Meeting, themed “Collaboration for the Intelligent Age,” scheduled to be held in Davos, Switzerland, from January 20-24, 2025. The annual meeting brings together global leaders, policymakers, innovators, and industry experts […]

AFC Earns Top AAAspc Rating from S&P Global (China) Ratings

The Corporation’s Basel II capital adequacy ratio stood at 34.7% as of mid-2024, well above its internal target of 30% January 16, 2025/AFC Africa Finance Corporation, the continent’s leading infrastructure solutions provider, has received the highest issuer credit rating, an AAAspc with a stable outlook, from S&P Ratings (China) Co., […]

EBRD Marks Year of Record Investment in Egypt in 2024

January 16, 2025/EBRD By Nibal Zgheib Image Credit: EBRD EBRD invested over €1.4 billion in Egypt in 2024, 84 per cent in the private sector €765 million disbursed in 2024 to support the implementation of key projects Bank invested over €2.4 billion in 50 new projects in the SEMED region in 2024  Egypt was […]