Browsing: News

OPEC Fund for International Development (OPEC Fund) and Africa Finance Corporation (AFC) have signed a US$50 million loan agreement to finance infrastructure development across the continent. Through the 10-year loan, connectivity, transport, logistics, trade, and energy access will be improved

Turkey will receive $1.78 billion in relief and recovery financing from the World Bank. This is as it deals with the aftermath of an earthquake that killed over 20,000 people and left hundreds of thousands homeless. Ankara will receive $780

The death toll from a suicide bombing at a mosque in northwest Pakistan has risen to 88. One of the deadliest attacks on Pakistani security forces in recent years occurred at a Sunni mosque inside a major police facility. According

The first U.S. Cabinet member to visit Somalia since 2015 called on distracted donors to help a country facing deadly famine, which she called “the ultimate failure of the international community.” As the U.S. ambassador to the United Nations, Linda

Peshawar, a city in northwest Pakistan, was hit by a suicide bomber Monday, killing at least 20 people and wounding 96 more. According to Reuters, no one has yet claimed responsibility for the bombing, but the Pakistani Taliban have been

Andrej Babis was defeated by retired NATO general Petr Pavel in the Czech presidential election. State statistics office results showed the 61-year-old took 58.32% of the vote. After the results were announced, Mr Babis conceded defeat in a speech to

There is a grave economic crisis facing Pakistan, with a possible loan default looming in the future and the IMF prepared to provide financial assistance under tough monetary conditions. There is fierce political rivalry between former prime minister Imran Khan

To support Panama’s climate action, adaptation, resilience, and mitigation policies, the OPEC Fund is providing a $120 million loan. “Panama Support Programme for the National Climate Change Policy” aims to mitigate, contain, and reverse the effects of climate change, supporting

The Coast Guard reported that a Hong Kong-registered cargo ship carrying 22 crew members sank off the southern island of Jeju on Wednesday. Fourteen crew members were rescued, while a search is underway for the others. At 3:07 a.m., fourteen

As a result of the heavy snowfall that blanketed much of Japan on Wednesday, traffic was snarled, hundreds of flights were cancelled, and train travel was disrupted. A person has been confirmed dead as a result of the heavy snowfall.