Economic development
SG Holdings, the West Africa's leading indigenous energy and shipping company, has outlined its strategic roadmap for the next decade, built on a decade of remarkable performance that has solidified its position as a continental leader in the energy infrastructure, shipping operations, and industrial development sectors. Under the
Economic development
SG Holdings, a leading indigenous energy and shipping company in West Africa, has achieved remarkable success over the past decade, solidifying its position as a continental leader in energy infrastructure, shipping operations, and industrial development. Under the leadership of Group Managing Director and CEO Deji Somoye, the company has demonstrated
Economic development
Malaysia is set to evaluate its potential membership in the New Development Bank (NDB), a multilateral development institution established by developing countries. The review will consider several key aspects, including the required commitments and the effectiveness of participation in the institution. Prime Minister Datuk Seri Anwar Ibrahim made the announcement
Economic development
The Gumare-Sepopa road project, a 70-kilometer critical infrastructure development in Botswana, has become a symbol of frustration and delay, stirring controversy over who is truly responsible for the setbacks. Awarded to Bango Trading in 2022, the project was expected to improve connectivity and economic uplift for the region, but nearly
Economic development
Power supply was disrupted to parts of Hinjewadi IT Park and Maharashtra Industrial Development Corporation (MIDC) in Pune on Sunday due to a fault in an underground high-voltage cable. The fault occurred in a 220-kV Infosys-Pegasus underground cable, shortly after a scheduled maintenance was carried out successfully by Maharashtra State
Economic development
The state of Madhya Pradesh witnessed a significant administrative reshuffle on Sunday evening, with several senior officials being transferred to new positions. The reshuffle saw Neeraj Mandloi replacing Rajesh Kumar Rajora as Additional Chief Secretary to the Chief Minister, while Sanjay Dubey was transferred as Additional Chief Secretary to the
Economic development
The Black Sea Trade and Development Bank (BSTDB) has invested EUR 15 million in a bond issued by Aegean Airlines S.A. (AEGEAN), Greece's national flag carrier. The bond issue, worth EUR 250 million, aims to finance AEGEAN's fleet renewal program, including the acquisition of new,
Economic development
The Royal Government of Bhutan, in collaboration with the Asian Development Bank (ADB), is exploring Public-Private Partnership (PPP) opportunities in the country's healthcare sector. This initiative falls under the broader Bhutan Country Partnership Strategy (2024-2028), which includes PPP prospects in power and waste management sectors. PPPs could serve
Economic development
Federal Minister for Communications Abdul Aleem Khan and the Chairman of the China Road and Bridge Corporation (CRBC), Du Fei, engaged in a meeting focused on expanding Chinese investment in Pakistan's road infrastructure sector. The two officials discussed bilateral cooperation in road infrastructure development, investment opportunities, and technical
Economic development
President Mnangagwa has expressed deep sorrow following the death of Dr Sydney Gata, the executive chairman of Zesa Holdings, who passed away after a short illness. Dr Gata's contributions to academia, public service, and energy infrastructure development in Zimbabwe were praised by the President. Among his notable achievements
Economic development
Prof Banji Oyelaran-Oyeyinka, the Senior Special Adviser to the President on Industrialisation at the African Development Bank (AfDB), has sounded the alarm on Nigeria's alarming regression in global development. In a keynote address, Prof. Oyelaran-Oyeyinka painted a stark picture of the country's institutional failures, collapsed industries,
Economic development
The Small and Medium Enterprises Development Authority (SMEDA) of Pakistan and the Japan International Cooperation Agency (JICA) have entered into a partnership aimed at enhancing the capacity of women entrepreneurs in the informal economic sector of Punjab. The agreement, signed between SMEDA CEO Socrat Aman Rana and JICA Head of
