Norway, South Korea, the United Kingdom, and the United States have officially launched a multi-donor “fund of funds”, known as FASA, whose aim is to address the financing challenges faced by agricultural small and medium-sized enterprises (agri-SMEs) across Africa. Over the next 10 years, the “Financing for Agricultural Small and Medium Enterprises in Africa” Fund, […]
Global spending on energy is expected to reach $3.3 trillion in 2025, marking an all-time high, according to the World Energy Investment 2025 report released earlier this week by the International Energy Agency (IEA). This figure represents a 10% rise compared to 2024. Out of this total, around $2.2 trillion, or 67%, will go toward […]
Egypt’s poverty rate has shrunk by 29.7 per cent for the first time in two decades. The fall was revealed by the Central Agency for Public Mobilization and Statistics (CAPMAS) based on fiscal year 2019/2020, Arab Finance reports. Poverty line in Egypt, according to the agency, is defined as anyone with a monthly income of […]
