Africa will outperform the world in economic growth, AfDB projects
In the inaugural release of a report dubbed ‘Africa’s Macroeconomic Performance and Outlook’ released on Jan.19, the African Development Bank Group reported that “growth across all five African regions was positive in 2022 and the outlook for 2023–24 is projected to be stable.”The projections are higher than expected global figures (2.7% and 3.2% respectively) for
Africa: Seychelles’ Passport Retains Top Spot As Best in Africa
Seychelles News Agency] The Henley Passport Index ranks Seychelles as 29th out of 199 countries for the first quarter of 2023 for the ability of the country's passport holders to visit 153 countries visa free...
South Africa: SIU, AFU Obtain Freeze Order Linked to Lotteries Commission Probes
SAnews.gov.za] The Special Investigating Unit (SIU), together with the Asset Forfeiture Unit (AFU), have obtained an order to freeze at least five properties, including a luxury Midrand home linked to Kwaito music legend Arthur Mafokate...
Africa: Uncertain economic outlook in 2023 [Business Africa]
For the first time since 2009, global growth will be weak, not going beyond 2%, according to the IMF figures...
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Australian Retirement Funds Hold Over $10B in Gambling Shares, Study Finds
According to a study commissioned by Australia’s Alliance for Gambling Reform and conducted by SustainoMetric, the country’s 20 biggest super funds collectively hold at least AUD 14.8 billion (about $10.3 billion) in listed gambling-related investments. Here’s What the Study Found The study analyzed the funds’ direct equity holdings and responsible-investment policies. It identified investments in
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TOSYALI secured 187 million Euro financing from Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) for its first phase of 1.2 GW solar investment
TOSYALI continues to accelerate its energy transition by securing long term international financing for supporting its decarbonization agenda and sustainability investments. The company has signed Export Finance Buyer Credit Agreements worth 187 million euros with BBVA, under Spanish Export Credit Agency Cesce's cover, for Osmaniye and Niğde Projects in its first phase of solar power