Egypt
Egypt’s Al-Sisi urges Ethiopia to accept ‘compromise’ over $5bn GERD dam
Abdel Fattah Al-Sisi has once again called on Ethiopia to accept a "compromise" in relation to the Grand Ethiopian Renaissance Dam (GERD) that the Horn of Africa nation is building near the source of the Nile.
Emerging and Frontier markets fintech ready to break out
The Digital Intelligence Index (DII) put together by specialist Emerging and Frontier market investment fund Sturgeon Capital provides insights into the potential for fintech investments in emerging and developing markets.
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Putin, Zelensky willing to separately host African leaders' peace mission to end Russia-Ukraine war
South Africa's president Cyril Ramaphosa says he spoke to both Putin and Zelensky over the weekend and each agreed to hold separate meetings in Moscow and Kyiv with a delegation of leaders from six African countries.
EBRD 2023: Bank to expand into the whole of Africa plus Iraq
The first investments are due to begin in six counties in sub-Saharan Africa in 2025.
Russia's Rosatom to begin construction on El Dabaa NPP’s Unit 3 in Egypt
Russian state-run nuclear corporation Rosatom started laying the first concrete into the foundation of the El Dabaa nuclear power plant’s (NPP) third unit in Egypt on May 3, reports Tass.
BRICS bloc: EM goldbugs
The dollar is becoming toxic in regular transactions, Russian Deputy Minister of Foreign Affairs Alexander Pankin told reporters on April 25, 2023. EM central banks are rushing into gold to protect their sovereign reserves.
ING: World trade to see big shifts and weaker growth in 2023
World trade has been falling, but we still expect growth to return this year. We do notice large shifts in world trade as advanced economies – especially the US – are diversifying input sourcing.
ING: IMF remains cautious on world economic outlook
Amid a downgrade to the IMF’s global growth forecast, EM sovereigns should remain resilient with areas of relative growth outperformance, easing pressure on commodity importers and fiscal reform momentum.
Countries bailed out by China
A new report published by the AidData research lab at Virginia’s College of William & Mary sheds some light on the usually nontransparent practice of Chinese bilateral emergency loans.
IMF: Volatile commodity prices reduce growth and amplify swings in inflation
Food and energy prices surged to near historic highs in recent years amid the pandemic and the war in Ukraine, which prompted major supply disruptions. This was accompanied by a sharp rise in the volatility of commodity prices as well.
bneGREEN: World faces 40% fresh water shortage by 2030 warns UN summit co-hosted by Tajikistan
Landmark report urges nations to urgently start fixing water waste and start managing water as a common good with neighbours.
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Putin woos 40 Africa lawmakers at Moscow conference with promises of money, nuclear power, arms and free grain
Putin took time out from meetings with Chinese President Xi Jinping who had just arrived in Moscow for a three-day state visit to speak to lawmakers from more than 40 African countries and woo them with generous promises of economic and military aid
bneGREEN: Rise in global CO2 emissions mostly offset by clean energy growth
According to the latest report from the International Energy Agency, CO2 Emissions in 2022, global energy-related carbon dioxide emissions rose by less than 1% in 2022.
