Economic development
Egypt's Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, emphasized the need for more sustainable and priority-driven financing mechanisms in developing countries during a panel discussion on global tax reform and domestic resource mobilization. The event, organized by the Independent Commission for the Reform of International
Economic development
Ethiopia's Finance Minister Ahmed Shide and US International Development Finance Corporation (DFC) officials have discussed potential financial cooperation for Ethiopia's new international airport project, a key initiative to support the country's expanding aviation sector and economic development goals. The meeting took place on the
Economic development
The state of Minas Gerais in Brazil has continued to break its investment record in Science, Technology, and Innovation (ST&I) for the third consecutive year, with over R$530 million invested in 2024 and a new record expected in 2025. The investments have already yielded visible results, with
Economic development
The Governor of Delta State, Rt. Hon. Sheriff Oborevwori, has reaffirmed the commitment of the state government to partnership and infrastructural development, commissioning the model office complex of the Niger Delta Development Commission (NDDC) in Warri. The ceremony attracted dignitaries, including members of the NDDC Governing Board and executive directors
Economic development
The Ministry of Mines and Energy (MME) conducted a Technical Workshop on October 14, aiming to guide municipal representatives on obtaining investments for the Water Resources Revitalization Program in the Furnas area. This initiative reinforces the federal government's commitment to revitalizing the country's water resources and
Economic development
Moscow-based small and medium-sized businesses in the creative sector are struggling to attract and retain talent, with 70-80% of enterprises in this field facing challenges due to a shortage of qualified personnel and competition from large corporations and public sector entities. A joint study between the Russian Ministry of Economic
Economic development
The Maharashtra Industrial Development Corporation (MIDC) in Nashik's Satpur and Ambad industrial estates will be under heightened police surveillance during the Diwali festival. Over 4,000 industrial units in the estates, primarily manufacturing units from the automobile and electrical sectors, will remain closed from October 19 to 25,
Economic development
A technical assistance deal was signed by the Central American Bank for Economic Integration (CABEI), the European Development Bank, and El Salvador's Technological Institute of Chalatenango (ITCHA) to upgrade the region's business support system. The $28,318 project, titled "DINAMICA II," aims to improve
Economic development
The state of Sergipe, in northeastern Brazil, is emphasizing the importance of science and technology in its development strategy. To celebrate Science and Technology Day on October 16th, the Sergipe government highlighted its State Fund for Scientific and Technological Development (Funtec), which finances projects and talent in the field. Funtec,
Economic development
The construction drone market is experiencing rapid growth, driven by increasing urbanization, investments in public infrastructure, and the adoption of innovative technologies. The market size is expected to grow from $6.94 billion in 2024 to $7.91 billion in 2025 at a compound annual growth rate (CAGR) of 14%
Economic development
The Ministry for Economic Development of the Russian Federation has announced a significant expansion of the SME Corporation's umbrella guarantee mechanism, which will provide small and medium-sized businesses with preferential loan financing to restore cultural heritage sites across the country. By the end of 2026, entrepreneurs can access
Economic development
The government of Acre state in Brazil has successfully secured federal funds to continue crucial infrastructure projects, including a footbridge and a bridge, through the Acre Department of Highways (Deracre). The news comes after a meeting in Brasilia between state officials, including Governor Gladson Cameli, and federal representatives. The funds,
