World News

OPEC Secretary General to Highlight Future of African Oil Investment Prospects at African Energy Week 2024

Taking place from November 4-8 in Cape Town, African Energy Week: Invest in African Energy will feature insights form OPEC’s Secretary General HE Haitham Al Ghais around investment opportunities across Africa’s oil market March 14, 2024/AEC Africa’s burgeoning oil market, accounting for more than 10% of the global oil output, […]

IMF Initiates Selection Process for the Next Managing Director

March 13, 2024/IMF The Board Coordinators of the Executive Board of the International Monetary Fund (IMF), Mr. Afonso S. Bevilaqua and Mr. Abdullah F. BinZarah, made the following statement today: “We are very pleased to announce that the Executive Board has adopted an open, merit-based, and transparent process for the […]

IMF Extends Temporary Increase in Access Limits Under the General Resources Account

March 11, 2024/IMF The Executive Board of the International Monetary Fund (IMF) approved on March 4, 2024 an extension until end of 2024 of the temporary increase in normal limits on members’ annual and cumulative access to Fund resources in the General Resources Account (GRA) to 200 and 600 percent […]