Economic development
President Bola Tinubu has extended his warmest felicitations to two prominent Nigerians on their respective birthdays. The first recipient is Dr. Jobson Ewalefoh, Director-General of the Infrastructure Concession Regulatory Commission (ICRC), who has marked his 50th birthday. The second honoree is His Royal Highness, Chief of Kagoro, Dr. Ufuwai Bonet,
Economic development
The African Export-Import Bank (Afreximbank) and Shelter Afrique Development Bank (ShafDB) have signed a Joint Project Preparation Facility (JPPF) Framework Agreement to unlock a cumulative investment value of at least US$1 billion and transform housing and urban development across the continent. The partnership aims to provide early-stage project preparation
Economic development
African Export-Import Bank (Afreximbank) and Shelter Afrique Development Bank (ShafDB) have signed a Joint Project Preparation Facility (JPPF) Framework Agreement, which aims to unlock a cumulative investment value of at least $1 billion and transform housing and urban development across the continent. The partnership, signed on the sidelines of the
Economic development
Illinois welcomed a record 113 million domestic and international visitors in 2024, who spent $48.5 billion, an increase of 500,000 visitors and $1.3 billion in spending from 2023. This surge led to a new all-time high in hotel tax revenue figures, totaling $367 million in FY25, a
Economic development
European Union Ambassador to Bangladesh, Michael Miller, stressed the importance of young people's innovative ideas and leadership in tackling climate change and promoting sustainable agriculture, forestry, and urban development. Speaking at a dialogue titled 'NDC 3.0 for COP30: Dialogue on Agriculture, Forestry and Urbanization', Miller
Economic development
The Office of the Controller of Budget has released a scathing report on the performance of President William Ruto's flagship housing project, revealing significant delays and underperformance in the delivery of housing units and urban infrastructure. The report, submitted to Parliament in August 2025, highlights the State Department
Economic development
The Gansu Veterans Employment and Entrepreneurship Industrial Park in Lanzhou, Gansu Province, China, was unveiled on September 10, marking a significant step towards promoting employment and entrepreneurship opportunities for veterans in the province. The park aims to create an ecosystem that integrates policy, finance, technology, talent, project incubation, and results
Economic development
Community members, joined by local councillor Brendan McKeown, MP Sir Gavin Williamson, and concerned residents, gathered to voice their opposition to the planned clinical waste incinerator in Hixon. The proposed development, to be built near the village's primary school, has raised concerns about public health risks, including exacerbation
Economic development
The United Nations Development Programme (UNDP) Istanbul International Centre for Private Sector in Development (ICPSD) and the Islamic Development Bank Institute (IsDBI) are deepening their partnership through the Global Islamic Finance and Impact Investing Platform (GIFIIP) to enhance capacity building in Afghanistan's financial sector. Established in 2016, GIFIIP
Economic development
A lawsuit was filed Thursday in the U.S. District Court for the District of Rhode Island against the U.S. Department of Housing and Urban Development (HUD) over unconstitutional funding restrictions for housing grants. The National Alliance to End Homelessness and the Women's Development Corporation (WDC) claim
Economic development
As part of its ongoing evaluation of current needs for data, the Department of Housing and Urban Development (HUD) has issued a request for information on the Rental Housing Finance Survey (RHFS). The survey, which aims to provide a continuous measure of the financial and mortgage characteristics of single-family and
Economic development
The Office of the Federal Register has issued a notice from the Department of Housing and Urban Development (HUD) requesting information from the public on uses of the Survey of Market Absorption of New Multifamily Units (SOMA). The HUD is evaluating current needs for data from SOMA and soliciting comments
