The United Nations plans to raise $1.6 billion from donors in favour of Zimbabwe between 2016 and 2020, to improve agriculture, food security, health and governance in Zimbabwe between 2016-2020, its resident coordinator in Zimbabwe, Bishow Palajuli, said on Friday 29th May. Bishow Palajuli, the UN’s resident coordinator in Zimbabwe said the global agency had […]
Start-ups in Africa cumulatively raised $2.2 billion in equity, debt, and grants (excluding exits) in 2024, and though it is a significant figure in absolute terms, it represents a 25% drop compared to the $2.9 billion that were raised on the continent in 2023, ‘Africa: The Big Deal’ has revealed. According to the funding report […]
Egypt’s external debt reached a record $168.1 billion in 2023, a 2.9% rise from the previous year and the highest level since 2012, according to the World Bank’s International Debt Report (IDR) released on December 3. However, the Central Bank of Egypt (CBE) reported a 5% quarterly decline, with external debt falling to $152.88 billion […]
