World News

OPEC Fund Approves Close to $1Billion in New Development Financing

These projects will benefit countries across the globe and aim to bolster infrastructure, food security, renewable energy, economic resilience and governance in partner countries December 10, 2024/OPEC Fund The OPEC Fund for International Development (OPEC Fund) has approved close to US$1 billion in new development financing over the last quarter […]

Deploying Balancing Power Generation Technologies Could Save €65 Trillion by 2050

——Shows Wärtsilä’s Global Power System Modelling Wärtsilä report shows an area the size of Europe will need to be covered with renewable power to reach a clean energy future, without the integration of balancing power technologies. December 10, 2024/Alesia Communications Wärtsilä’s global power system modelling, published in the Crossroads to […]

AfDB Accelerates Private Sector Support with Initial Disbursement of USD 1 Billion Loan to Transnet

The efficiency of the disbursement reflects Transnet’s fulfilment of the Bank’s rigorous requirements for governance, the environmental stewardship, and social responsibility December 9, 2024/AfDB The African Development Bank has released the first tranche of its $1 billion loan to Transnet, the South African state-owned conglomerate managing the country’s ports, railways […]