In a decisive stride towards climate resilience, the African Development Bank (AfDB) announced plans to establish a dedicated Carbon Markets Support Facility aimed at galvanizing carbon finance across Africa. Recognising the continent’s disproportionate vulnerability to climate change-induced disasters, this pioneering initiative seeks to unlock new streams of investment by formalizing and scaling carbon credit trading. […]
Lebanon will start receiving by the mid of April French armaments destined to enhance the defence capacities of its beleaguered army, challenged by well-equipped Hezbollah group and regional powers. The French-made weapons to be delivered to Beirut includes armoured vehicles, armed vessels, combat helicopters, ammunition and communications equipment Lebanon has purchased these armaments thanks to […]
Commercial International Bank, CIB, of Egypt has secured $148 million from the African Development Bank (AfDB), in form of financial package earmarked to support Small and Medium Enterprises (SMEs) as well as trade amid a shortage of foreign currency in the North African country due to complex endogenous and exogenous macro-economic and geopolitical factors. Including […]
