Economic development
The Federal Executive Council (FEC) meeting held on August 13, 2025, approved a $125 million Islamic Development Bank (IsDB) financing facility for the Abia State Integrated Infrastructure Development Project. This significant milestone is a critical component of the project's co-financing arrangement, which aims to drive the State'
Economic development
The Indian state of Rajasthan is stepping up its efforts to become a leading destination for tourism investments, with over 1,600 Memorandums of Understanding (MoUs) worth ₹1.37 lakh crore now in the pipeline. A high-level dialogue titled Rising Rajasthan Tourism Sector MoUs Accelerating Ground-Breaking Investors Dialogue was held
Economic development
The government of Zimbabwe has outlined its financing plans for Vision 2030, relying on domestic resource mobilisation through enhanced tax administration, anti-smuggling strategies, and other initiatives. Minister of Finance, Economic Development, and Investment Promotion Professor Mthuli Ncube emphasized the importance of revenue performance being commensurate with the economy's
Economic development
The Pakistani economy has made significant progress in recent years, with key indicators such as GDP growth, inflation control, and fiscal discipline showing a path to economic recovery and stability. According to the July 2025 Monthly Economic Development Update, Pakistan has achieved macroeconomic stability, with inflation dropping, exports increasing, and
Economic development
Access to clean water and sanitation remains a pressing global challenge, with 2.2 billion people lacking safely managed drinking water and 3.4 billion without adequate sanitation as of 2022 (UNICEF and WHO, 2023). A widely adopted strategy to address this issue is attracting private investment in infrastructure development
Economic development
The state government of Bahia, in collaboration with the state court of justice, has formalized technical cooperation terms with several municipalities for the implementation of the Regularize Industrial Poles Project. This initiative seeks to guarantee legal security for properties in industrial districts and stimulate regional economic development. The project aims
Economic development
A landmark agreement has been announced between the Indian government and a private consortium of four space start-ups, led by PixxelSpace, to build and operate the country's first fully-indigenous commercial earth observation satellite constellation. The project aims to reduce India's reliance on foreign sources and ensure
Economic development
The Ministry of Economic Development of Russia has completed the acceptance of applications from small and medium-sized businesses as part of the first round of the program to subsidize the costs of placing securities on the stock exchange and investment platforms. This initiative, implemented in collaboration with the Bank of
Economic development
The African Development Bank Group has committed $40 million in blended capital to the Alliance for Green Infrastructure in Africa - Project Development Fund, marking a significant milestone in mobilizing blended capital in project development across the continent. The investment underscores the Bank's leadership in de-risking early-stage projects
Economic development
The Chile construction market is poised for sustained growth, driven by increasing focus on sustainable building practices, growing demand for urban development projects, and rising infrastructure investments. According to the latest report from ResearchAndMarkets.com, the Chile construction market size reached around USD 32.1 billion in 2024 and is
Economic development
The Uttar Pradesh government has constituted three high-level committees to accelerate industrial investment, streamline processes, and simplify building bylaws. This initiative aligns with the vision of Chief Minister Yogi Adityanath to transform Uttar Pradesh into a $1 trillion economy. The committees will focus on ensuring land availability, rationalizing land rates,
Economic development
U.S. Senator Jack Reed has announced $7,011,695 in competitive federal funding for the Women's Development Corporation (WDC) to advance a key affordable housing construction and preservation development in Providence's West End. The funding will help address homelessness by adding new units of permanent
