Economic development
The Black Sea Trade and Development Bank (BSTDB) has signed a new SME loan facility agreement with the Development and Investments Corporation of Armenia (DICA) to provide a USD 7 million loan for on-lending to local small and medium-sized enterprises (SMEs). This facility aims to boost productivity, improve competitiveness, and
Economic development
The United Nations Industrial Development Organization (UNIDO) has formalized a strategic collaboration with Lenovo to accelerate global initiatives supporting the circular economy. Through this partnership, the two organizations will jointly develop programs to promote sustainable industrialization and responsible electronics management. The collaboration will also include capacity-building efforts, awareness campaigns, and
Economic development
Saha Pathana Inter-Holding Public Company Limited (SPI) has solidified its commitment to sustainable industrial development through a groundbreaking partnership with Ratch Pathana Energy Public Company Limited (RATCH Group). The collaboration marks a significant milestone in Thailand's renewable energy landscape, as the two companies signed a Memorandum of Understanding
Economic development
Deutsche Bank has made a major milestone in Nigerian and West African infrastructure development by leading a $747 million syndicated loan to finance Phase 1 Section 1 of the Lagos-Calabar Coastal Highway. This move marks the first syndicated road infrastructure loan of its size in Nigeria, signifying global investor confidence
Economic development
The Federal Government has secured a $747 million loan to finance Phase 1, Section 1 of the Lagos-Calabar Coastal Highway project, spanning from Victoria Island to Eleko Village. This milestone represents the largest syndicated road infrastructure loan in Nigeria's history, signaling growing global investor confidence in the country&
Economic development
The Supreme Court's decision, announced on Tuesday, has given the green light to the Trump administration to move forward with plans to downsize the government and dismantle federal agencies. This could result in tens of thousands of employees losing their jobs at agencies such as the departments of
Economic development
Bipartisan efforts to strengthen benefits for American workers, regional economic initiatives, and international collaborations are shaping the global economy. Amidst these developments, key sectors such as technology, charity, and education are experiencing significant growth and innovation. Key Takeaways: * Senator Tommy Tuberville (R-AL) and Senator Bill Cassidy (R-LA) have cosponsored the
Economic development
The Global Mayors Dialogue: SCO Summit Cities, held in Tianjin from July 7 to 10, brought together nearly 20 representatives of SCO member states and cities to engage in discussions on urban governance, cooperation, and security. As cities worldwide prioritize smart city development, China's experience in enhancing governance
Economic development
Representatives from over 20 cities in the Shanghai Cooperation Organization (SCO) countries gathered in Tianjin, China, to discuss future urban development topics, including digitalization of urban governance, people-to-people exchanges, and security as the basis for development. The "Dialogue of World Mayors -- SCO Summit City" event took place
Economic development
The European Investment Bank (EIB) has announced a significant loan to the Croatian Bank for Reconstruction and Development (HBOR), aimed at supporting green finance in Croatia. The EUR150 million loan will be used to fund a range of businesses in the country, with at least 30% of the financing earmarked
Economic development
The Federal Government of Nigeria has achieved a significant milestone in its infrastructure development agenda with the signing of a $747 million syndicated loan to fund Phase 1, Section 1 of the Lagos-Calabar Coastal Highway. This transformative project aims to improve Nigeria's infrastructure, boost trade, create jobs, and
Economic development
Yunnan Province in southwest China has made significant strides in the development of its green aluminum industry, with a strong focus on low-carbon economic growth. On July 9, Wang Yubo, deputy secretary of the provincial party committee and governor, stressed the importance of strengthening and optimizing the green aluminum industry
