World News

World Bank Expresses Concern Over Persistent Global Food Security Threat

October 3, 2024/FBNQuest Research The World Bank recently released the latest edition of the Food Security report. The report provides recent developments in the global agriculture market and the market outlook for agricultural commodities. Referencing the 2024 mid-year update of Global Food Crises, the Bank noted a worrisome pattern of […]

EBRD invests €100 million in Green Genius

October 3, 2024/EBRD By Rezo Bitsadze The EBRD becomes a minority shareholder in Green Genius, a renewables developer The Bank’s equity investment will fund the company’s European expansion plans Green Genius to support renewable energy development in EBRD economies The European Bank for Reconstruction and Development (EBRD) is supporting the expansion […]

Comoros: AfDB Grants over 9 Million Euros for Digitizing the Comorian Economy

The Bank’s financing consists of 4.02 million euros provided by the African Development Fund, the Bank’s concessional loan agency, and a further 5.49 million euros provided by the Bank’s Transition Support Facility October 1, 2024/AfDB he Board of Directors of the African Development Bank (AfDB) Group has approved financing of […]