World News

G7 DFIs, Multilateral Partners to Invest over $80 Billion into African Businesses in five Years

The announcement is a welcome boost to support the long-term development objectives of African economies that have been negatively impacted by the crisis June 14, 2021/AfDB The G7 DFIs, the IFC, the private sector arm of the African Development Bank (www.AfDB.org), EBRD and the European Investment Bank today announced that […]

How green hydrogen could power tomorrow’s industry

June 14, 2021/EBRD By Vanora Bennett It is 2050. The world has successfully made the transition to a zero-carbon economy, and climate catastrophe has been averted. Steel and other energy-intensive industries run on the planet’s second most important source of power: green hydrogen, an almost magically clean fuel made by electrolysing […]

US Inflation Surges to 13-Year High of 5%

June 13, 2021/Proshare By FDC  News that US inflation shot up to 5% (a 13-year high) caught the market and analysts by surprise. The shock was not about the rise but more by the magnitude. Before the release, the Fed had noted cautiously but with some concern the spike in […]