Updates

Cabo Verde: €14 Million Loan from AfDB will Strengthen Role as Regional Tech Hub

It will offer more than 50 tech startups from across Africa integration grants of at least €5,000 each July 27, 2023/AfDB The African Development Bank and the government of Cabo Verde have signed a €14 million loan agreement to enhance the Cabo Verde Technology Park by making it more climate […]

UNFCCC, COP28 UAE Urge G20 Nations to Take Lead inCclimate Change Mitigation, Adaptation

July 27, 2023/Edelman COP28 President-designate Sultan Al Jaber and United Nations Framework Convention on Climate Change (UNFCCC) executive secretary Simon Stiell on Thursday called upon G20 nations to take a greater leadership role in climate change mitigation and adaptation. With only 125 days to go, the leaders issued a joint […]

US Fed Reserve Raises Interest Rates to 22-Year High

July 27, 2023/US Federal Reserve Recent indicators suggest that economic activity has been expanding at a moderate pace. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is sound and resilient. Tighter credit conditions for households and […]