The agreement aims to reduce all trade costs and enable Africa to integrate further into global supply chains – it will eliminate 90 per cent of tariffs June 30, 2021/AOW Launched on 1 January the African Continental Free Trade Area (AfCFTA) agreement will create the largest free trade area in […]
World News
MDBs’ climate finance rose to US$ 66 billion in 2020, joint report shows
June 30, 2021/EBRD By Vanora Bennett MDBs publish 2020 Joint Report on Multilateral Development Banks’ Climate Finance Eight MDBs committed US$ 66 billion for climate finance in 2020, up from US$ 61.6 billion Of the total, 58 per cent was committed to low- and middle-income countries Climate finance committed by major […]
Sudan to Receive Debt Relief Under the HIPC Initiative
June 30, 2021/IMF The Executive Boards of the World Bank’s International Development Association (IDA) and the International Monetary Fund (IMF) have determined that Sudan has taken the necessary steps to begin receiving debt relief under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative. Sudan is the 38th country to reach […]
