Global labour body, the International Labour Organisation (ILO) has said at the current pace, progress remains too slow and achieving gender parity in employment at the global level would take more than 190 years. The Beijing Declaration and Plan of Action (BPfA) recognised the critical role that women play in the economy and called for…
The Government of Senegal, through the Ministry of African Integration and Foreign Affairs, proudly announces the official launch of the candidacy of Mr. Amadou Hott for the presidency of the African Development Bank (AfDB) Group. This official launch ceremony, which marks a major milestone for Senegal’s commitment to pan-African development, will be held on Thursday,…
The Saudi Export-Import Bank (Saudi EXIM) and Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, have signed a Memorandum of Understanding (MoU) to collaborate on initiatives to boost exports in both the Kingdom of Saudi Arabia and AFC’s member countries. This MoU, signed on the sidelines of the ongoing 2024 IMF/World Bank Annual Meetings,…
The World Economic Outlook (WEF) has released Chief Risk Officers report, which has warned countries against cyber risk heightened by geopolitical tensions and conflicts. In a report, the risk officers said that in total, 71 per cent of respondents expect cyber risk and criminal activity to severely impact organizations for the remainder of 2024. This…
The Executive Board of the International Monetary Fund (IMF) on Tuesday announced a Review of Charges and the Surcharge Policy that allows it lend to countries at a lower rate. In a statement, Managing Director of the IMF, Kristalina Georgieva, said the global economy is challenging for many countries, and the Fund has to slash…
The European Union (EU) and EDFI Management Company (EDFI MC) together with European Development Finance Institutions (EDFIs) have raised more than €2 billion in financing aimed at generating employment, and enhancing financial inclusion, especially among young and women-led businesses in Nigeria and the rest of Africa. The EDFI MSME Platform Plus Programme, supported by €255…
The inaugural three-day African Peace and Security Dialogue has concluded with a tone of hope and forward momentum for the continent. Attended by key African leaders such as former South African Deputy President Dr. Phumzile Mlambo-Ngcuka, Ambassador of Economic Development for Pan-African Parliament Bridgette Motsepe, Personal Envoy of UNSG for Sudan Ramtane Lamamra and Liberia’s…
That’s according to CNET Money’s most recent survey, which found 57% of US adults don’t know how to make their home energy efficient, think upgrades are too costly or believe it won’t help them save money. That’s three big barriers to adoption in a world where our energy costs continue to rise faster than inflation. The…
On the occasion of the 60th Munich Security Conference, Women Political Leaders (WPL) and Munich Security Conference (MSC) calls on international leadership to take decisive action against sexual violence in conflict zones. The systematic rape of women and girls in Israel, with its subsequent online publication did not cause an international outcry. Also in Congo,…
