Putin ramps up production of Russia's 8,370mph hypersonic missiles Story by Abul Taher

24 november 2024 - 07:41:31
Moscow, Russia (PANA) - Vladimir Putin has ramped up production of a new hypersonic missile he fired against Ukraine last [...] Full text...

thread Politics

World ignores countdown to famine in Sudan, humanitarian charity warns

22 november 2024 - 10:29:13
Port Sudan, Sudan (PANA) - An international humanitarian organization has lamented that although Sudan is currently witnessing the “world’s worst [...] Full text...

thread Society

COP29: Putting people at the centre of climate solutions: World Bank Blog By Mamta Murthi and Juergen Voegele

18 november 2024 - 08:36:22
Luanda, Angola (PANA) -  Climate change is an urgent human crisis.  Since 2022, 400 million students worldwide have faced school [...] Full text...

thread Environment

Antimicrobial Resistance conference closes with adoption of global pledges to tackle problem

17 november 2024 - 05:03:25
Jeddah, Saudi Arabia (PANA) - The 4th Global High-Level Ministerial Conference on Antimicrobial Resistance (AMR) wrapped up on Saturday with [...] Full text...

thread Health

COP29: Digital tech and AI can boost climate action, but curbing the sector’s emissions is key

17 november 2024 - 04:51:12
Baku, Azerbaijan (PANA) - Leaders in technology and the environment at COP29 in Baku endorsed on Saturday a declaration pledging [...] Full text...

thread Environment

IMF Country Focus: Growth in sub-Saharan Africa is diverging By Saad Quayyum, Nikola Spatafora, Sanghamitra Mukherjee, and Hamza Mighri

15 november 2024 - 07:49:18
Dar es Salaam, Tanzania (PANA) - Stagnating incomes in the region's resource-intensive economies necessitate more effective fiscal management and broad-based [...] Full text...

thread Economy

COP29: ‘You have every right to be angry’ Guterres tells youth advocates frustrated over lack of climate action

15 november 2024 - 06:28:20
Baku, Azerbaijan (PANA) - As negotiations over how to tackle climate change head into their fifth day in Baku, UN [...] Full text...

thread Environment

IMF reaches staff-level deal with DRC on ECF, RSF for US$ 1.77 billion

14 november 2024 - 08:35:29
Kinshasa, DR Congo (PANA) – Authorities in the Democratic Republic of Congo (DRC) and a mission of the International Monetary [...] Full text...

thread Economy

South African delegation participates in COP29

13 november 2024 - 08:59:31
Cape Town, South Africa (PANA) – A high-level South African delegation is attending COP29 which is underway in Baku, Azerbaijan [...] Full text...

thread Environment

IMF concludes review of Morocco’s RSF arrangement, allows disbursement of US$415 million

13 november 2024 - 07:54:46
Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the second review [...] Full text...

thread Economy

World’s largest urban development forum concludes with Cairo Call to Action

09 november 2024 - 05:35:36
Cairo, Egypt (PANA) - The twelfth edition of the World Urban Forum wrapped up on Friday with the adoption of [...] Full text...

thread Society

Deadly weather events show cost of climate inaction

08 november 2024 - 06:04:47
Baku, Azerbailan (PANA) - Record-breaking floods in Spain, violent storms in Florida and wildfires in South America – these are [...] Full text...

thread Environment

'Over 2 billion in cities will be exposed to 0.5ºC rise by 2040'

06 november 2024 - 05:26:16
Cairo, Egypt (PANA) - More than two billion people currently living in cities could be exposed to an additional temperature [...] Full text...

thread Environment

Global UN forum opens in Cairo to rethink urban development

05 november 2024 - 05:36:30
Cairo, Egypt (PANA) - Thousands of delegates on Monday joined United Nations representatives gathered in Cairo to kick off the [...] Full text...

thread Environment

COP16: Landmark biodiversity agreements adopted

04 november 2024 - 04:40:38
Cali, Colombia (PANA) - The world’s largest biodiversity summit, known as COP16, concluded at the weekend in Colombia, with several [...] Full text...

thread Environment

AfDB approves $54 million loan for Mozambique’s first wind energy project

03 november 2024 - 05:38:10
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...

thread Economy

Eliminating the productivity drag: IMF F&D article By Nan Li and Diaa Noureldin

30 october 2024 - 10:50:02
Washington, DC, United States (PANA) - The global economy has been struggling to regain its footing since the 2008–09 global [...] Full text...

thread Economy

AfDB urges practical solutions to tackle poverty in Africa

25 october 2024 - 09:28:05
Washington, DC., US, (PANA) -    Climate change, global financial shocks and growing food insecurity are threatening Africa, the world’s [...] Full text...

thread Economy

Rwanda’s economic growth among strongest in Sub-Saharan Africa: IMF

23 october 2024 - 08:51:42
Kigali, Rwanda (PANA) – International Monetary Fund (IMF) staff and the Rwandan authorities have reached staff-level agreement on policies needed [...] Full text...

thread Economy

Support for economic reforms hinges on communication, engagement, and trust: IMF Blog By Silvia Albrizio, Bertrand Gruss, and Yu Shi

17 october 2024 - 14:25:35
Washington DC, United States (PANA) - The global economy is stuck in a low-growth gear, largely because of aging populations, [...] Full text...

thread Economy

Global public debt Is probably worse than it looks: IMF Blog By Era Dabla-Norris, Davide Furceri, Raphael Lam, and Jeta Menkulasi

16 october 2024 - 11:04:22
Washington, DC, United States (PANA) - Global public debt is very high. It is expected to exceed $100 trillion, or [...] Full text...

thread Economy

UN climate change conference: EU calls for efforts to keep the 1.5°C goal within reach

15 october 2024 - 06:31:43
Brussels, Belgium (PANA) – The European Council on Monday approved conclusions that will serve as the EU’s general negotiating position [...] Full text...

thread Environment

World Bank economic update proposes policy options to promote Gabon’s forest conservation

14 october 2024 - 15:03:26
Libreville, Gabon (PANA) - Gabon experienced lower growth in 2023 (2.4%) amid transport disruptions that impacted wood and manganese production, [...] Full text...

thread Economy

Urgent education reform key to unlocking faster, more inclusive growth in Africa: WB report

14 october 2024 - 14:42:34
Washington, DC, United States (PANA) - Despite signs of a fragile economic recovery, Sub-Saharan Africa, remains stuck in “low gear” [...] Full text...

thread Society

Gambia commemorates International Day of the Girl

11 october 2024 - 13:03:43
Banjul, Gambia (PANA) - The Gambia on Friday joined the the world in celebrating International Day of the Girl which is [...] Full text...

thread Gender

IMF expects Côte d’Ivoire to boost recovery of regional official reserves

11 october 2024 - 11:38:27
Abidjan, Cote d’Ivoire (PANA) – International Monetary Fund (IMF) staff and the Cote d’Ivoire authorities have reached a staff-level agreement [...] Full text...

thread Economy

We must place our hope in multilateralism: IMF article By Gordon Brown, former Prime Minister of the United Kingdom

11 october 2024 - 11:13:20
London, United Kingdom (PANA) – Only by working together can countries fend off fragmentation and deepening crises “Those who look only [...] Full text...

thread Economy

'AI must not create or perpetuate stereotypes and gender bias'

08 october 2024 - 15:28:24
New York, US (PANA) - As online tools using various forms of artificial intelligence become increasingly common, calls are growing [...] Full text...

thread Sciences

Why women risk losing out in shift to green jobs: IMF Blog By tefania Fabrizio, Florence Jaumotte, and Marina M. Tavares

08 october 2024 - 07:01:27
Washington, DC, United States (PANA) - Men hold about 70 percent of the world’s polluting jobs, so one might think [...] Full text...

thread Economy

In plain view: Solutions to turbocharge the agrifood system transition: World Bank Blog By Sergiy Zorya, Joshua Gill, Alexandra Horst and Francis Addeah Darko

07 october 2024 - 07:17:30
Dar es Salaam, Tanzania (PANA) - Momentum is growing for real food systems change at a scale never seen before. [...] Full text...

thread Agriculture

Water is cultivating hope and transforming lives of Rwanda's farmers: World Bank Blog By Hayalsew Yilma

01 october 2024 - 07:50:03
Kigali, Rwanda (PANA) - I will never forget my first encounter with Damien and Vestine, a warm and welcoming couple [...] Full text...

thread Society

UN Assembly President calls for global unity as high-level debate concludes

01 october 2024 - 05:53:25
New York, US (PANA) - The President of the General Assembly on Monday reminded UN Member States that the Organisation’s [...] Full text...

thread Politics

Trade balances in China and the US are largely driven by domestic macro forces: IMF Blog By Pierre-Olivier Gourinchas, Ceyla Pazarbasioglu, Krishna Srinivasan, and Rodrigo Valdés

13 september 2024 - 12:55:31
Washington, DC, United States - China’s widening trade surplus and the growing US trade deficit since the pandemic have renewed [...] Full text...

thread Economy

Half the world lacks social protection amid climate crisis, ILO warns

13 september 2024 - 05:49:35
Geneva, Switzerland (PANA) - Social protection is essential to safeguard people from shocks, but half the world is without any [...] Full text...

thread Economy

Call for ‘solutions across the board’ as 79th General Assembly opens

11 september 2024 - 05:42:26
New York, US (PANA) - The 79th session of the UN General Assembly opened on Tuesday in New York, with [...] Full text...

thread Politics

UN leads search for synergy on climate and development

07 september 2024 - 05:44:45
New York, US (PANA) - Governments, experts and civil society representatives met in Brazil this week for a UN-backed conference [...] Full text...

thread Environment

Product market reforms, improved business environment essential vital for South Africa’s trade: IMF

05 september 2024 - 12:36:43
Pretoria, South Africa (PANA) - While South Africa needs product-market reforms and improving business environment by removing obstacles to trade, [...] Full text...

thread Economy

More than 400 million students affected by climate-related school closures since 2022

05 september 2024 - 08:50:53
Washington DC, United States (PANA) -  A staggering 400 million students globally experienced school closures from extreme weather since 2022, [...] Full text...

thread Environment

South African President undertakes state visit to China

02 september 2024 - 11:53:15
Cape Town, South Africa (PANA) –  South African President Cyril Ramaphosa arrived in China on Monday with a high-level delegation for [...] Full text...

thread Politics

Napoli finalizes transfer of Victor Osimhen from Napoli to Al-Ahli

30 august 2024 - 20:12:36
 Napoli, Italy (PANA) - Victor Osimhen’s future now hinges on his decision, as Napoli has finalized a transfer agreement with [...] Full text...

thread

Financial sector at crossroads in emerging markets: Climate risks and financing gaps demand action

30 august 2024 - 06:55:38
Washington, DC, United States (PANA) -  In almost 60% of banks in Emerging Market and Developing Economies (EMDEs), lending for [...] Full text...

thread Economy

Urbanization has led to increased slum populations, poverty, and inequalityFeature by Oumar Sylla)

29 august 2024 - 19:50:10
Nairobi, Kenya (PANA) - Urbanization has led to increased slum populations, poverty, and inequality. Informal employment dominates, with 85.8% of [...] Full text...

thread Environment

West Bank strikes: UN rights office condemns Israeli military escalation

28 august 2024 - 14:04:00
Geneva, Switzerland (PANA) - Amid further raids, airstrikes and settler attacks on Palestinians in the occupied West Bank on Wednesday, [...] Full text...

thread Society

At World Women's Forum, UN deputy chief urges action on gender equality

24 august 2024 - 04:12:42
New York, US (PANA) - The UN Deputy Secretary-General has called for stronger efforts in women’s empowerment, gender equality, and [...] Full text...

thread Gender

2024 CAF WCL: All about COSAFA qualifiers

15 august 2024 - 06:22:42
Blantyre, Malawi (PANA) - With the West African qualifiers now done and dusted, focus now shifts to Southern Africa and [...] Full text...

thread Sports

Youth jobless rate falls to 15-year low, says ILO

12 august 2024 - 11:06:20
Geneva, Switzerland (PANA) - The number of young people unemployed globally is at a 15-year low but Asian Pacific and [...] Full text...

thread Economy

Road to 2024 CAF Women’s Champions League begins

05 august 2024 - 08:02:08
Cairo, Egypt (PANA) - The journey towards securing a place in CAF’s flagship Women’s Club competition, the CAF Women’s Champions [...] Full text...

thread Sports

Present and future of Western Sahara fall within the framework of Moroccan sovereignty, states French President Macron

30 july 2024 - 17:12:22
Rabat, Morocco  (PANA) - The present and future of the Western Sahara fall within the framework of Moroccan sovereignty, French [...] Full text...

thread Politics

Strong regional demand to drive South Africa’s maize exports to neighbours

26 july 2024 - 11:18:26
Pretoria, South Africa (PANA)   South Africa’s maize area is forecast to expand in marketing year 2024/25 after an 18 percent [...] Full text...

thread Agriculture

Preventing deforestation while leveraging trade for development: World Bank Blog By Chris Wellisz

18 july 2024 - 08:13:19
Dar es Salaam, Tanzania (PANA) - Developing countries must contend with a plethora of trade-related regulations as well as voluntary [...] Full text...

thread Agriculture

RPF-led coalition wins 62% votes in Rwanda parliamentary polls

17 july 2024 - 08:42:35
Kigali, Rwanda (PANA) – Rwanda’s RPF-Inkotanyi-led coalition of parties has secured majority votes in 15 July parliamentary general elections, according [...] Full text...

thread Politics

Kagame poised for landslide win in Rwanda presidential election

16 july 2024 - 08:01:45
Kigali, Rwanda (PANA) - As vote counting is about end in Rwanda’s presidential election, incumbent Paul Kagame appears set for [...] Full text...

thread Politics

UN deputy chief calls for major arms spending cuts and urgent action to save SDGs

16 july 2024 - 06:07:03
New York, US (PANA) - The UN Deputy Secretary-General on Monday urged global leaders to redirect resources from warfare to [...] Full text...

thread Society

Rwandans head to the polls

15 july 2024 - 08:55:44
Kigali, Rwanda (PANA) - Rwandans headed to polling stations on Monday to elect the country’s President and Members of Parliament. Voting [...] Full text...

thread Politics

World Bank supports Botswana to enhance renewable energy, improve electricity services

13 july 2024 - 07:36:28
Gaborone, Botswana (PANA) - The World Bank’s Board of Directors has approved its first lending operation supporting renewable energy development [...] Full text...

thread Economy

Seeking new pathways to green growth in Malawi: World Bank By Qursum Qasim and Efrem Chilima

10 july 2024 - 11:36:35
Lilongwe, Malawi (PANA) - With the recent declaration of a drought in 23 of its 28 districts, Malawi once again [...] Full text...

thread Economy

Helping female-led firms in Ethiopia become more resilient in turbulent times: World Bank Blog By Lauren Marino and Sophia Friedson-Ridenour

04 july 2024 - 06:22:17
Hawassa, Ethiopia (PANA) - On a recent Thursday afternoon, Jalene’s small coffee shop and roastery in Hawassa, Ethiopia, was enveloped [...] Full text...

thread Gender

Green Zambia: Financing a liveable future: World Bank Blog By Qursum Qasim

03 july 2024 - 12:12:54
Lusaka, Zambia (PANA) - Green is the new buzzword, but what does greening industry and the financial sector mean in [...] Full text...

thread Economy

World Bank Group appoints Senegalese Fatou Fall as joint Resident Representative for Djibouti

01 july 2024 - 08:51:09
Djibouti, Djibouti (PANA) - Starting Monday, Fatou Fall becomes the Joint Resident Representative of the World Bank Group for Djibouti.“This [...] Full text...

thread Society

AfDB, JICA align priorities ahead of TICAD9 summit

01 july 2024 - 07:43:52
Tokyo, Japan (PANA) - The African Development Bank (AfDB) Group and the Japan International Cooperation Agency (JICA) have underscored the [...] Full text...

thread Economy

World Bank offers US$700 million to help Egypt achieve sustainable, diversified and resilient growth

24 june 2024 - 08:13:39
Washington, DC, United States (PANA) - The World Bank has announced US$700 million in Development Policy Financing (DPF) for the [...] Full text...

thread Economy

'Africa offers attractive investment opportunities for Japanese firms'

23 june 2024 - 06:33:45
Tokyo, Japan (PANA) - Dr. Kevin Kariuki, African Development Bank's (AfDB's) Vice President for Power, Energy, Climate and Green Growth, [...] Full text...

thread Economy

IMF approves US$337 million from ECF and US$321 million of RSF for Madagascar

22 june 2024 - 12:16:27
Antananarivo, Madagascar (PANA) – The Executive Board of the International Monetary Fund (IMF) on Friday approved a 36-month arrangement under [...] Full text...

thread Economy

Madagascar: First country to benefit from Enhanced Cooperation Framework for Scaled-Up Climate Action

22 june 2024 - 10:58:49
Washington, DC, United States (PANA) - The World Bank Group (WBG) and International Monetary Fund (IMF) have announced that the [...] Full text...

thread Environment

Tanzania’s coffee farms rehabilitation raises output

19 june 2024 - 12:07:16
Dar es Salaam, Tanzania (PANA) - Tanzania’s coffee production in the marketing year 2024/25 is forecast at 1.5 million bags [...] Full text...

thread Agriculture

Stop ‘vandalising’ Earth and help the planet thrive, UN chief urges

16 june 2024 - 07:12:52
New York, US (PANA) - As nearly 40 per cent of land across the planet is degraded with more acres [...] Full text...

thread Environment

AfDB sends high-level delegation to Japan to champion African investment

16 june 2024 - 06:46:57
Tokyo, Japan (PANA) - An African Development Bank (AfDB)  delegation, led by three vice presidents, will be in Japan from [...] Full text...

thread Economy

Enhancing climate resilience: A narrative of water security in northern Malawi

13 june 2024 - 11:38:02
Lilongwe, Malawi (PANA) - Nestled in the southeastern region of Africa, Malawi is blessed with diverse landscapes, from the plains [...] Full text...

thread Environment

Parity for women remains five generations away but historical election year offers hope

12 june 2024 - 11:58:22
Geneva, Switzerland (PANA) - The world has closed 68.5% of the gender gap, according to the Global Gender Gap Report [...] Full text...

thread Gender

IMF team, Kenya reach staff-level deal on reviews of EFF, ECF arrangements

12 june 2024 - 10:21:16
Nairobi, Kenya (PANA) - Kenya’s economic growth recovered in 2023 with real GDP growing by 5.6 percent, supported by a [...] Full text...

thread Economy

War in Gaza: Dozens feared dead in Israeli airstrike on UNRWA school

07 june 2024 - 07:30:13
New York, United States (PANA) - Amid early reports that an Israeli strike on a UN-run school in Gaza overnight [...] Full text...

thread Society

War in Gaza: Dozens feared dead in Israeli airstrike on UNRWA school

07 june 2024 - 06:22:04
New York, United States (PANA) - Amid early reports that an Israeli strike on a UN-run school in Gaza overnight [...] Full text...

thread

World Bank assists Kenya to ease short-term fiscal pressures

31 may 2024 - 10:07:18
Nairobi, Kenya (PANA) - The World Bank has approved new funding to help Kenya address short-term fiscal pressures and simultaneously [...] Full text...

thread Economy

Gaza War: Medics struggling in face of ‘overwhelming disaster’ as vital supplies run low - WHO

30 may 2024 - 05:31:04
Geneva, Switzerland (PANA) - Vital medical supplies are fast running out in Gaza’s remaining hospitals, the UN health agency warned [...] Full text...

thread Society

Global economic outlook is brightening but political risks loom large in 2024

29 may 2024 - 13:20:33
Geneva, Switzerland (PANA) - The latest Chief Economists Outlook released on Wednesday presents a growing sense of cautious optimism about [...] Full text...

thread Economy

Day 2 at AfDB Meetings in Nairobi

28 may 2024 - 11:42:24
Nairobi, Kenya (PANA) - The BRICS Alliance, together with the new member additions, are providing immense trade and investment opportunities [...] Full text...

thread Economy

European Council gives final approval to the ecodesign regulation

27 may 2024 - 11:50:29
Brussels, Belgium (PANA) – The European Council on Monday adopted the ecodesign regulation, which sets requirements for sustainable products. It replaces [...] Full text...

thread Economy

2023!24 CAF Champions League: Ahly crowned champions of Africa for record-extending 12th title

25 may 2024 - 20:26:53
Cairo, Egypt (PANA) - Egyptian giants, Al Ahly have once again reigned supreme as kings of African club football, following [...] Full text...

thread Sports

Scaling up pathways to growth in Ethiopia through tourism investments: World Bank Blog By Qursum Qasim

23 may 2024 - 07:23:49
Addis Ababa, Ethiopia (PANA) - From the otherworldly vistas of the Bale Mountains to the rock-hewn churches of Lalibela and [...] Full text...

thread Economy

Zambia, World Bank sign agreement to cut carbon emissions in Eastern Province

22 may 2024 - 07:32:01
Lusaka, Zambia (PANA) - Communities in Zambia’s Eastern Province are set to reap the benefits of their efforts in forest [...] Full text...

thread Environment

Accelerating extinction rate triggers domino effect of biodiversity loss

22 may 2024 - 04:59:02
New York, US (PANA) - While nearly one million species are currently at risk of extinction, the United Nations University [...] Full text...

thread Environment

South Africa, EC presidents hold telephone discussion on bilateral, global issues

20 may 2024 - 18:49:45
Pretoria, South Africa (PANA) - President Cyril Ramaphosa of South Africa and the President of the European Council, Mr Charles [...] Full text...

thread Politics

EU adopts first-ever law combating violence against women

07 may 2024 - 10:36:19
Brussels, Belgium (PANA) – The European Council has adopted the first-ever law to combat violence against women, giving the green [...] Full text...

thread Gender

World Bank loan to Namibia supports renewable energy integration

07 may 2024 - 09:56:07
Windhoek Namibia (PANA) – Namibia on Monday marked the approval of its first ever World Bank financed energy project, aimed [...] Full text...

thread Economy

'Refugee Olympic Team to send message of hope at Paris Games'

03 may 2024 - 05:47:46
Lausanne, Switzerland, (PANA) - Afghanistan’s first woman breakdancer, a Cameroon-born British boxing champion, and a literal shooting star from Venezuela [...] Full text...

thread Sports

Harnessing Sub-Saharan Africa’s critical mineral wealth

29 april 2024 - 18:48:51
Kinshasa, DR Congo (PANA) - From electric vehicles to solar panels to future innovations, the global transition to clean energy [...] Full text...

thread Economy

Workshop to validate Great Green Wall women's platform opens in Mali

25 april 2024 - 14:25:32
Cotonou, Benin (PANA) - A Women's Platform of the Great Green Wall (PFGMV) will soon see the light of day, [...] Full text...

thread Environment

Global commodity prices level off, hurting prospects for lower inflation

25 april 2024 - 09:03:19
EMBARGOED: NOT FOR PUBLICATION UNTIL THURSDAY, APRIL 25, 2024, AT 11:00 AM UTC. Washington, United States (PANA) - Global commodity prices [...] Full text...

thread Economy

Niger sets out five priorities for Africa to achieve SDGs

23 april 2024 - 13:09:24
Addis Ababa, Ethiopia (PANA) - Niger's Minister of Water, Sanitation and the Environment, Maizama Abdoulaye, has set out five priorities [...] Full text...

thread Economy

Validation in progress of study on contribution of African women entrepreneurs to combating the effects of climate change

20 april 2024 - 19:56:58
Addis-Ababa, Ethiopia (PANA) - Twenty or so experts, academics, civil society leaders, women entrepreneurs and gender actors are looking into [...] Full text...

thread Environment

Women entrepreneurs urged to become climate change ambassadors

20 april 2024 - 19:39:21
Addis-Ababa, Ethiopia (PANA) - Nassirou Ba, an agro-economist and expert consultant, has called on African countries to make women entrepreneurs [...] Full text...

thread Environment

Embrace innovation ‘to make sustainable transport a reality for all’

18 april 2024 - 05:50:20
New York, US (PANA) - Reducing the transport sector’s impact on the environment while improving access to service, especially in [...] Full text...

thread Economy

World Bank announces Dione as Vice President of MENA region

17 april 2024 - 18:13:45
Washington, USA (PANA) - The World Bank has appointed Ousmane Dione as the new Vice President for the Middle East [...] Full text...

thread Society

Why our world needs fiscal restraint in biggest-ever election year: IMF Blog By Era Dabla-Norris, Vitor Gaspar, Marcos Poplawski-Ribeiro, Jiae Yoo

17 april 2024 - 17:37:06
Washington DC, United States (PANA} - The global economic and financial outlook has improved in the last six months. Inflation has [...] Full text...

thread Economy

Global economy remains resilient despite uneven growth, challenges ahead: New IMF Blog By Pierre-Olivier Gourinchas

16 april 2024 - 19:43:48
Washington DC, USA (PANA) - Despite gloomy predictions, the global economy remains remarkably resilient, with steady growth and inflation slowing [...] Full text...

thread Economy

Industrial policy is back but the bar to get it right is high: IMF Blog By Anna Ilyina, Ceyla Pazarbasioglu, Michele Ruta

12 april 2024 - 16:14:18
Washington DC, USA (PANA) - Governments have traditionally used targeted interventions known as industrial policy to make domestic producers more [...] Full text...

thread Economy

Industrial policy is not magic cure for slow growth: IMF Blog By Era Dabla-Norris, Daniel Garcia-Macia, Vitor Gaspar, Li Liu

11 april 2024 - 08:42:06
Washington, D.C., USA (PANA) – Many countries are ramping up industrial policy to boost innovation in specific sectors in the [...] Full text...

thread Economy

Rwanda genocide: UN chief says this should 'never be forgotten, never repeated anywhere'

07 april 2024 - 17:13:40
New York, US (PANA) - As the world on Sunday marks the International Day of Reflection on the 1994 Genocide [...] Full text...

thread Society

Gaza war: UN aid teams still waiting for Israeli green light to relieve stricken northern hospital

02 april 2024 - 12:44:39
Geneva, Switzerland (PANA) - The destruction of Gaza’s largest hospital following a two-week siege by the Israeli military has “ripped the [...] Full text...

thread Health

IDA provides $340 million to enhance livelihoods of 3 million Ethiopians drought prone lowlands

30 march 2024 - 08:47:18
Addis Ababa, Ethiopia (PANA) - Ethiopians living in climate-affected lowlands of the country will receive new support, thanks to a [...] Full text...

thread Environment

World Bank Group assures support to Egypt’s development, reform efforts

19 march 2024 - 06:13:25
Cairo, Egypt (PANA) - The World Bank Group (WBG) is committed to its long-term strategic partnership with Egypt and supports [...] Full text...

thread Economy

IMF approves US$1.3 billion under RSF for Cote d’Ivoire

16 march 2024 - 07:50:19
Abidjan, Côte d’Ivoire (PANA) - The International Monetary Fund (IMF) has approved a 30-month Resilience and Sustainability Facility (RSF) arrangement [...] Full text...

thread Economy

African finance ministers call for global financial systems reform to favour development

07 march 2024 - 14:45:10
Victoria Falls, Zimbabwe (PANA) - African countries should with one voice, advocate for the reform of the global financial architecture [...] Full text...

thread Economy

Hannan Morsy of ECA reveals the pillars of sustainable development for Africa

05 march 2024 - 20:46:15
Cotonou, Benin (PANA) - The Chief Economist and Deputy Executive Secretary of the Economic Commission for Africa (ECA) has revealed [...] Full text...

thread Economy

ECA calls on African countries to broaden their tax bases

05 march 2024 - 19:10:59
Cotonou, Benin (PANA) - The Deputy Executive Secretary of the Economic Commission for Africa (ECA), Hanan Morsy, has called on [...] Full text...

thread Economy

African Ministers seek regional capital markets to finance climate change action

05 march 2024 - 12:25:12
Victoria Falls, Zimbabwe (PANA) – Zimbabwean President Emmerson Mnangagwa has called for measures to address climate change, the debt crisis [...] Full text...

thread Economy

New reports identify pathways to build climate-smart economy in Zimbabwe

05 march 2024 - 07:53:44
Harare, Zimbabwe (PANA) - Zimbabwe remains vulnerable to climatic shocks and without adaptation, climate change will impose high costs on [...] Full text...

thread Economy

4.6 million people to benefit from stronger community health services in Mozambique

01 march 2024 - 19:40:58
Maputo, Mozambique (PANA) - A new programme will improve healthcare and nutrition services for about 4.6 million people, especially women, [...] Full text...

thread Health

WB supports Somalia’s shift from fragility to resilience and growth

01 march 2024 - 18:59:17
Mogadishu, Somalia (PANA) - The World Bank’s Board of Executive Directors has announced a new five-year Country Partnership Framework (CPF) [...] Full text...

thread Economy

Lighting up Africa: Nigeria can show the way: World Bank Blog By Anna Bjerde

29 february 2024 - 18:59:59
Abuja, Nigeria (PANA) - Over the past 20 years, considerable progress has been made in electrifying the world, with the [...] Full text...

thread Economy

Climate Action in Ethiopia: Acting now to build resilience and leverage opportunities

29 february 2024 - 13:05:30
Addis Ababa, Ethiopia (PANA) - A new World Bank report finds that annual average losses to gross domestic product (GDP) [...] Full text...

thread Environment

DRC makes major stride with home-grown copper smelting plant

27 february 2024 - 12:19:43
Kinshasa, DRC (PANA) - A locally-owned copper smelting plant is set to begin operations in the Democratic Republic of Congo  [...] Full text...

thread Economy

How G20 can build on the world economy’s recent resilience: IMF Blog By Kristalina Georgieva

26 february 2024 - 17:10:06
Washington DC, USA (PANA) - It’s fitting that G20 finance ministers and central bank governors will meet this week at [...] Full text...

thread Economy

EU gives green light to better data exchanges between police authorities

26 february 2024 - 11:11:18
Brussels, Belgium (PANA) – The European Council on Monday adopted a regulation on the automated search and exchange of data [...] Full text...

thread Society

How can we reinvigorate international trade? World Bank Blog By Pablo Saavedra and Mona Haddad

25 february 2024 - 17:05:58
Abu Dhabi, United Arab Emirates, (PANA) - After decades of accelerating globalisation, since 2008 international trade has grown at roughly [...] Full text...

thread Economy

Libya commits to reforming education programmes

20 february 2024 - 13:16:20
Tripoli, Libya (PANA) - The Libyan Minister of Education and Chairman of the National Committee for Education, Culture and Science, [...] Full text...

thread Politics

Africa's economic growth in 2023 led by East, North and West Africa: Report

20 february 2024 - 13:07:25
Cotonou, Benin (PANA) - East, North and West Africa have led growth on the continent over the past year, according [...] Full text...

thread Economy

Zero waste, more hope in South Sudan (A UN feature)

18 february 2024 - 05:55:38
Juba, South Sudan (PANA) - Zero energy light bulbs and sturdy bricks for schools and homes. Some innovative communities in [...] Full text...

thread Environment

Activities marking the 13th anniversary of Libya's 17 February revolution begin

17 february 2024 - 17:18:29
Tripoli, Libya (PANA) - Festivities to commemorate the 13th anniversary of the 17 February 2011 Revolution that toppled the former [...] Full text...

thread Politics

IMF staff, Côte d’Ivoire reach deal on resilience, sustainability support

17 february 2024 - 12:54:26
Abidjan, Côte d’Ivoire (PANA) - The Ivorian authorities and IMF staff reached a staff level agreement on a reform programme [...] Full text...

thread Environment

13 years after 17 February 2011 revolution, Libyans have mixed feelings about Saturday's commemoration of the anniversary

15 february 2024 - 18:56:06
Tripoli, Libya (PANA) - Over the past few days, the city of Tripoli has been abuzz with excitement as it [...] Full text...

thread Politics

World Bank’s 10-year Euro bond attracts strong demand from diverse investors

07 february 2024 - 08:12:27
Washington, D.C., United States (PANA) - The World Bank on Tuesday priced a 10-year euro-denominated benchmark bond maturing in February [...] Full text...

thread Economy

Keen interest in African Mining Indaba in Cape Town

06 february 2024 - 11:37:37
Cape Town, South Africa (PANA) – Delegates at the 30th African Mining Indaba, which is underway in Cape Town, are [...] Full text...

thread Economy

South Africa's first shipment of AfCFTA goods hailed

31 january 2024 - 10:51:00
Cape Town, South Africa (PANA) – President Cyril Ramaphosa on Wednesday officiated the launch of South Africa's first shipment and [...] Full text...

thread Economy

European Council greenlights new rules to reduce harmful emissions

29 january 2024 - 11:41:28
Brussels, Belgium (PANA) - The European Council on Monday has adopted two regulations to phase down fluorinated gases (F-gases) and [...] Full text...

thread Environment

IMF approves second tranche of US$600 million for Ghana under ECF arrangement

19 january 2024 - 19:53:26
Washington, DC, US (PANA) - The International Monetary Fund (IMF) has approved the second tranche of US$600 million for Ghana, [...] Full text...

thread Economy

World Economic Forum portrays initiatives to balance drivers of growth, productivity

19 january 2024 - 16:49:05
Davos-Klosters, Switzerland (PANA) – Participants of the World Economic Forum 2024 made the case that a new growth model is [...] Full text...

thread Society

World Economic Forum 2024: Rebuilding trust amid uncertainty

19 january 2024 - 15:00:41
Davos-Klosters, Switzerland (PANA) – At a moment of growing fragmentation and polarization, the World Economic Forum’s Annual Meeting 2024 served [...] Full text...

thread Society

What we’re reading about climate and jobs: World Bank Blog By Ulrike Lehr and Kevwe Pela

19 january 2024 - 07:04:48
Dar es Salaam, Tanzania (PANA) - Climate change is one of the biggest risks to global development, as high temperatures, [...] Full text...

thread Environment

World Economic Forum: New report measures quality of growth for new economic era

17 january 2024 - 07:31:17
Davos-Klosters, Switzerland (PANA) – A new World Economic Forum report, released on Wednesday, offers a re-evaluation of global economic growth, [...] Full text...

thread Economy

Israel-Gaza crisis: Fewer than 1 in 4 aid missions given green light, says OCHA

16 january 2024 - 15:28:42
Geneva, Switzerland (PANA) - The Israeli authorities have continued to block lifesaving aid from reaching northern Gaza 102 days since [...] Full text...

thread Society

Troubled year in store for the world’s children: UNICEF report

16 january 2024 - 05:34:53
New York, US (PANA) - Globally in 2024, children are likely to see increased exposure to violence and war, and [...] Full text...

thread Society

Kenya to host AfDB Annual General Meeting in May

15 january 2024 - 21:26:07
Nairobi, Kenya (PANA) - The 59th Annual Meeting of the Board of Governors of the African Development Bank (AfDB) and [...] Full text...

thread Economy

Climate crisis driving a global public health emergency: World Bank Blog By Vanessa Kerry and Mamta Murthi

05 january 2024 - 08:45:13
Washington, DC, USA (PANA) - With record-shattering high temperatures, explosive wildfires, intense drought, massive flooding, and destructive storms — no [...] Full text...

thread Health

UN flagship economic report highlights why global cooperation is key

05 january 2024 - 05:55:25
New York, US (PANA) - The UN’s World Economic Situation and Prospects (WESP) report for 2024 projects a slowdown in [...] Full text...

thread Economy

2023 AFCON: Black Stars looking to shine bright in Cote d’Ivoire

27 december 2023 - 13:15:25
Abidjan, Cote d'Ivoire (PANA) - Boasting an array of exciting talents, coupled with the invaluable experience of their more seasoned [...] Full text...

thread Sports

Time running out for global shift to green energy, outgoing WMO chief warns

22 december 2023 - 21:15:07
Geneva, Switzerland (PANA) - The outgoing head of the World Meteorological Organisation (WMO) has urged global leaders to heed scientific [...] Full text...

thread Environment

Nexus of food, water & energy: A Key element to Egypt’s climate efforts: World Bank report

19 december 2023 - 07:16:06
Cairo, Egypt (PANA) - Egypt’s nexus of water, food and energy (NWFE) programme, launched a year ago to leverage partnerships [...] Full text...

thread Agriculture

IMF completes 2023 Article IV Consultation with Rwanda, approves US$268.05 million for Stand-by Credit Facility

15 december 2023 - 10:42:09
Kigali, Rwanda (PANA) - Despite the challenging environment, including the floods in May 2023, Rwandan authorities are to be commended [...] Full text...

thread Economy

Morocco drives transformative impact for higher education, scientific research with World Bank support

15 december 2023 - 06:47:13
Rabat, Morocco (PANA) - The World Bank’s Board of Directors has approved a US$300 million Programme-for-Results loan to support the [...] Full text...

thread Society

COP28: Applause at end of conference but not all are pleased

13 december 2023 - 13:36:03
Dubai, UAE (PANA) - Despite multiple rounds of applause inside the plenary of the COP28 in Dubai on Wednesday, not [...] Full text...

thread Environment

COP28: ‘A lifeline, not a finish line,’ says UN climate chief Simon Stiell

13 december 2023 - 13:27:06
Dubai, UAE (PANA) - UN climate chief Simon Stiell says “genuine strides forward” were made at COP28, but the initiatives [...] Full text...

thread Environment

Kenya taps World Bank support to create up to 45,000 jobs, enhance access to markets for small businesses

13 december 2023 - 08:19:26
Nairobi, Kenya (PANA) - The World Bank has approved the Kenya Jobs and Economic Transformation Project (KJET) to benefit at [...] Full text...

thread Society

Kenya secures support to further strengthen transparency in public finance management

13 december 2023 - 07:34:20
Nairobi, Kenya (PANA) — Kenya’s 485 ministries, departments, and agencies, as well as 240,000 registered firms, and 18 million citizens [...] Full text...

thread Economy

World Bank supports Cape Verde's efforts to strengthen drivers of growth

12 december 2023 - 12:04:38
Praia, Cape Verde (PANA) – The World Bank Board has approved a US$25 million Development Policy Financing (DPF) loan for [...] Full text...

thread Economy

COP28: UN says staggering $7 trillion spent every year on investments that fuel climate change

09 december 2023 - 17:18:10
Dubai, UAE (PANA) - Nearly $7 trillion of public and private finance each year supports activities that directly harm nature [...] Full text...

thread Environment

Benin can create opportunities for a just energy transition, green inclusive growth: World Bank Report

07 december 2023 - 17:41:48
Cotonou, Benin (PANA) - While high growth over the past decade has helped Benin reduce poverty, the country’s development gains [...] Full text...

thread Economy

Renewable energy boosts safety of UN peacekeepers

06 december 2023 - 05:56:10
Accra, Ghana (PANA) - The transition to renewable energy at UN peacekeeping missions helps to ensure the safety and security [...] Full text...

thread Environment

COP28: Rwanda Climate Finance Partnership powers innovative climate action

03 december 2023 - 12:46:40
Dubai, UAE (PANA) - Rwanda Climate Finance Partnership is powering innovative climate action thanks to additional contributions from the Government [...] Full text...

thread Economy

COP28: UN chief previews panel on management of minerals essential for green energy transition

02 december 2023 - 14:39:55
Dubai, UAE (PANA) - UN Secretary-General António Guterres on Saturday announced his plan to set up a panel aimed to ensure the [...] Full text...

thread Environment

Mainstreaming climate change into Mozambique’s planning key to building resilience: WB report

02 december 2023 - 13:50:29
Maputo, Mozambique (PANA) - Climate change impacts could drive up to 1.6 million additional people into poverty by 2050, further [...] Full text...

thread Economy

COP28: Climate action will boost Tunisia’s economy, says World Bank Report

30 november 2023 - 14:23:42
Tunis, Tunisia (PANA) - Water scarcity, coastal erosion and more frequent flooding are among Tunisia’s most pressing climate challenges, says [...] Full text...

thread Economy

Somalia’s economy resilient amid climatic and global shocks: WB report

30 november 2023 - 14:12:22
Mogadishu, Somalia (PANA) - Recurrent shocks, including a prolonged 2020/23 drought, disrupted Somalia's growth, devastating crops, livestock, and exports. Many fled [...] Full text...

thread Economy

Digital technologies fast track climate solutions, World Bank report

30 november 2023 - 09:41:23
Washington DC, United States (PANA) - Digital technologies are transforming the way the world works and addresses climate change, from [...] Full text...

thread Environment

UN, AU sign new human rights agreement

29 november 2023 - 05:22:54
New York, US (PANA) - The United Nations and the African Union have reinforced their partnership following the conclusion of [...] Full text...

thread Politics

World Economic Forum: US $13.5 trillion investment needed to fast-track decarbonisation for fossil fuel dependent industries

28 november 2023 - 11:28:47
Geneva, Switzerland (PANA) - Transitioning to a more sustainable and carbon-neutral future, $13.5 trillion in investments will be needed by [...] Full text...

thread Economy

World Needs More Policy Ambition, Private Funds, and Innovation to Meet Climate Goals: IMF Blog By Simon Black, Florence Jaumotte, and Prasad Ananthakrishnan

28 november 2023 - 08:36:04
Washington DC, United States (PANA) - With each passing year, the stark reality of a hotter planet becomes clearer and [...] Full text...

thread Environment

Growing against the odds: Three reasons why irrigated agriculture is critical in a changing climate: World Bank Blog By Regassa Ensermu Namara. Lauren Nicole Core and Amal Talbi

24 november 2023 - 12:39:30
Expo City, Dubai (PANA) - It's a hot, scorching day. The earth beneath your feet is parched, and your once-green [...] Full text...

thread Agriculture

Gambia receives $60M to boost sustainable growth and climate resilience

21 november 2023 - 13:44:04
Banjul, to helpGambia (PANA)- The World Bank board has approved $60 million in financing from the International Development Association (IDA) [...] Full text...

thread Economy

UN urges dramatic climate action as records keep tumbling

20 november 2023 - 17:50:03
New York, US (PANA) - With global temperatures soaring and greenhouse gas emissions (GHG) reaching unprecedented levels, dramatic climate action [...] Full text...

thread Environment

World Toilet Day: Flush with innovations for safer sanitation

19 november 2023 - 07:07:08
New York, US (PANA) - Innovation abounds in the race to broaden access to clean water and sanitation around the [...] Full text...

thread Health

Climate action key to Kenya’s upper-middle-income country aspirations

17 november 2023 - 17:53:44
Nairobi, Kenya (PANA - Kenya remains vulnerable to frequent climatic shocks that pose significant economic risk. Without adaptation measures, the impact [...] Full text...

thread Environment

DRC must strengthen institutions, increase investments to become 'climate solutions country'

16 november 2023 - 18:26:55
Kinshasa, DR Congo (PANA) - Possessing half of Africa's forests, large freshwater resources, and mineral reserves that are critical for [...] Full text...

thread Environment

Mohammed VI proposes institutional framework to consolidate security in Africa

07 november 2023 - 14:31:25
Rabat, Morocco (PANA) - Morocco has taken the initiative of creating an institutional framework bringing together the 23 Atlantic African [...] Full text...

thread Politics

How green innovation can stimulate economies and curb emissions:- IMF Blog (By Zeina Hasna, Florence Jaumotte, and Samuel Pienknagura)

06 november 2023 - 17:13:21
Washington DC, USA (PANlA) - Making low-carbon technologies cheaper and more widely available is crucial to reducing harmful emissions, an [...] Full text...

thread Economy

World’s diverse biospheres ‘making peace with the natural world’

04 november 2023 - 05:58:32
Paris, France (PANA) - Spanning from city to savannah, and from mountaintops to mangroves, the world’s 748 biosphere reserves were [...] Full text...

thread Environment

US, AUC hold 9th Annual High-Level Dialogue

02 november 2023 - 06:32:17
Washington, DC, US (PANA) - The United States and the African Union Commission on (AUC) on Wednesday reaffirmed their "strong [...] Full text...

thread Politics

Ethiopia set to host 2023 African Economic Conference

01 november 2023 - 07:37:30
Addis Ababa, Ethiopia (PANA) - The stage is set for the 2023 African Economic Conference, jointly organised by the African [...] Full text...

thread Economy

AfDB approves US$300 million to South Africa for energy governance, climate resilience

01 november 2023 - 07:31:39
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a US$300 [...] Full text...

thread Economy

IMF, Rwanda reach staff-level deal on policy coordination instrument

31 october 2023 - 18:27:32
Kigali, Rwanda (PANA) - Rwanda’s economy registered strong post-pandemic growth, though it was accompanied by domestic and external imbalances including [...] Full text...

thread Economy

Gambia government and partners present plans and actions for a responsive accountable transition project

31 october 2023 - 16:51:26
Banjul, Gambia (PANA)- The Government of The Gambia, in partnership with the European Union (EU) and the United Nations Development [...] Full text...

thread Politics

Sudan conflict: Environmental degradation a serious challenge facing government now and when war is over (By Mohamed Osman Adam, PANA Correspondent)

30 october 2023 - 19:51:12
Khartoum, Sudan (PANA) - Sudanese environmentalists and poeliticians have warned that every possible ingredient for environmental catastrophe is now fermenting [...] Full text...

thread Environment

Three priorities to turn natural capital into wealth for people of the Congo Basin: World Bank Blog By Cheick Fantamady Kanté

27 october 2023 - 07:07:04
Brazzaville, Congo (PANA) - The question “top-of-mind” for most leaders and climate champions who will be gathering this week in [...] Full text...

thread Environment

African countries eye booming electric vehicle, clean energy market, worth trillions of dollars

25 october 2023 - 09:53:52
Abidjan, Cote d'Ivoire (PANA) - The International Energy Agency projects that manufacturers of clean energy technologies will need 40 times [...] Full text...

thread Economy

2023 AFCON: CAF, PUMA announce official match ball: POKOU

24 october 2023 - 08:02:03
Abidjan, Cote d'Ivoire (PANA) - CAF and PUMA have unveiled “POKOU” – the official match ball for the TotalEnergies Africa [...] Full text...

thread Sports

Israel-Gaza crisis: UN chief urges ceasefire; humanitarian supplies given green light to enter enclave

19 october 2023 - 07:04:13
Cairo, Egyot (PANA) - UN chief António Guterres on Wednesday  called for an immediate humanitarian ceasefire in the Middle East [...] Full text...

thread Politics

South Africa embraces green energy industry

16 october 2023 - 10:54:46
Cape Town, South Africa (PANA) – With the help of other African nations, South Africa aims to position itself as [...] Full text...

thread Environment

IMF chief calls for action on inclusive growth in MENA

15 october 2023 - 17:45:39
Marrakech, Morocco (PANA) - International Monetary Fund (IMF) Managing Director, Ms. Kristalina Georgieva, on Sunday called for action following her [...] Full text...

thread Economy

Saudi Arabia score late to snatch draw against Nigeria

14 october 2023 - 08:12:33
Portimao, Portugal. (PANA) - Kelechi Iheanacho came off the bench to give Nigeria the lead after the West Africans went [...] Full text...

thread Sports

Cutting disaster risk will boost equality, improve resilience: UN chief

14 october 2023 - 08:06:51
New York, US (PANA) - Marking the International Day for Disaster Risk Reduction on Friday, UN chief António Guterres called [...] Full text...

thread Society

'Multilateral Development Banks delivered record climate finance to low-, middle-income economies in 2022'

13 october 2023 - 08:39:45
Marrakesh, Morocco (PANA) - Climate finance by Multilateral Development Banks (MDBs) for low- and middle-income economies reached a new record [...] Full text...

thread Environment

Uganda: Africa Fertilizer Financing Mechanism to boost Ugandan farmers’ access to fertilizers

13 october 2023 - 08:35:48
Kampala, Uganda (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a project to [...] Full text...

thread Agriculture

OCP Group, World Bank join forces to boost food security, agricultural developt in West Africa

11 october 2023 - 14:17:33
Marrakech, Morocco (PANA) - The World Bank and the OCP Group on Wednesday announced a game changing partnership to support [...] Full text...

thread Agriculture

Resilient global economy still limping along, with growing divergences: IMF Blog By Pierre-Olivier Gourinchas

10 october 2023 - 15:34:50
Washington DC, United States (PANA) - The global economy continues to recover from the pandemic, Russia’s invasion of Ukraine and [...] Full text...

thread Economy

AfDB's 2023 Country Focus Report calls on Benin to seize investment opportunities

06 october 2023 - 12:03:27
Cotonou, Benin (PANA) - The African Development Bank (AfDB) has called on Benin to adopt a concerted approach to seize [...] Full text...

thread Economy

Africa uses 'very small' percentage of wind power potential – Report

05 october 2023 - 07:41:16
Dar es Salaam, Tanzania (PANA) - Africa is utilising less than 1% of its wind power potential, which is “very, [...] Full text...

thread Economy

UN chief reinforces call for multilateral reform, outlines next steps

05 october 2023 - 06:17:23
New York, US (PANA) - Global leaders issued a resounding call for reform and renewed multilateral cooperation during the General [...] Full text...

thread Politics

Should developing country governments provide job training programmes? World Bank Blog(By David McKenzie. Lead Economist, Development Research Group and Eliana Carranza, Senior Economist)

04 october 2023 - 19:33:36
Washington DC, US (PANA) = Governments around the world face a lot of pressure to do something to help jobseekers, [...] Full text...

thread Society

Geo-economic fragmentation threatens food security, clean energy transition: IMF Blog

03 october 2023 - 17:20:57
Washington DC, United States (PANA) - Russia’s invasion of Ukraine in 2022 fragmented major commodity markets. Countries have since restricted [...] Full text...

thread Society

Emerging economies need much more private financing for climate transition: IMF Blog

03 october 2023 - 17:18:43
Washington DC, United States (PANA) - Achieving the transition to net-zero emissions by 2050 requires substantial climate mitigation investment in [...] Full text...

thread Environment

Growth in mining expected to take Namibia back to pre-pandemic level

03 october 2023 - 17:08:58
Windhoek, Namibia (PANA) - On the back of sustained mining growth and recovery in tourism, Namibia’s real GDP growth reached [...] Full text...

thread Economy

Countries must contain global warming while keeping debt in check: IMF Blog By Era Dabla-Norris, Ruud de Mooij, Raphael Lam, and Christine Richmond

03 october 2023 - 13:38:25
Washington DC, US (PANA) - As the window of opportunity to contain global warming is closing rapidly, many countries are [...] Full text...

thread Economy

World Habitat Day focuses on cities as drivers of growth

02 october 2023 - 18:36:20
New York, US (PANA) - Priming cities to become drivers of economic growth and recovery in the aftermath of crises [...] Full text...

thread Society

Breath-taking Burundi: A land of promise (A World Bank blog by Victoria Kwakwa, Vice President for Eastern and Southern Africa)

29 september 2023 - 10:54:41
Bujumbura, Burundi (PANA) - As the plane descended towards Burundi on my recent trip, the vibrant hues of emerald-green hills [...] Full text...

thread Environment

AfDB, AMEA Power, IFC and SEFA launch first large-scale privately-financed solar project in Tunisia

28 september 2023 - 16:55:04
Tunis, Tunisia (PANA) - The African Development Bank (AfDB) and the Sustainable Energy Fund for Africa (SEFA), in partnership with [...] Full text...

thread Economy

2023/24 CAF Champions League: Giants battle for group stage spots this weekend

28 september 2023 - 07:26:35
Cairo, Egypt (PANA) - The 16 places in this season's TotalEnergies CAF Champions League group stage will be determined this [...] Full text...

thread Sports

New global action pledge to end TB by 2030

23 september 2023 - 05:36:18
New York, US (PANA) - Applause rang out in one of the main conference rooms at UN headquarters on Friday [...] Full text...

thread Health

‘Humanity has opened the gates to hell’ warns Guterres as climate coalition demands action

20 september 2023 - 16:47:00
New York, US (PANA) - “Horrendous heat is having horrendous effects,” the UN chief declared on Wednesday, as a broad [...] Full text...

thread Environment

Invest in SDGs ‘like never before’, implores UN chief

20 september 2023 - 06:10:04
New York, US (PANA) - A “rescue plan” for the Sustainable Development Goals (SDGs) must now result in policies, budgets [...] Full text...

thread Politics

World Bank warns of Benin's climate vulnerability

19 september 2023 - 14:12:53
Cotonou, Benin (PANA) - The World Bank has warned of Benin's climate vulnerability in a communiqué issued on the occasion [...] Full text...

thread Environment