Less than 10 per cent of global climate financing goes to developing countries, despite their greater need, …
Climate Change
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EnergyFeatureInternational NewsNews
Biden announces $7b in grants for solar projects on Earth Day
by Aya El Sayedby Aya El SayedPresident Joe Biden marked Earth Day with a major announcement pledging $7 billion in federal grants for …
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FeatureInitiatives
ADB grants $71m for climate-resilient water in Bangladesh
by Aya El Sayedby Aya El SayedThe Asian Development Bank (ADB) and the Bangladesh government inked a loan agreement worth $71 million to …
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Africa NewsEgypt NewsFeatureFinancial InstitutionsMoneyNews
African public health indicators at risk – Egypt’s FinMin urges action
by Nada Aliby Nada AliEgypt’s Finance Minister Mohamed Maait has raised concerns about worsening public health indicators across Africa driven by …
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FeatureInternational NewsNews
Climate investors eye Japan’s banks on board oversight
by Aya El Sayedby Aya El SayedA coalition of climate groups, including Australia’s Market Forces, Japan’s Kiko Network, and a representative of Rainforest …
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Debt for climate and nature swaps, a mechanism where indebted countries receive debt relief in exchange for …
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FeatureInternational NewsNews
Climate spending may push nations to debt crisis
by Aya El Sayedby Aya El SayedEmerging countries are facing a record external debt service of $400 billion this year as they allocate …
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Egypt signed a development financing agreement with the French Development Agency for €50 million, along with a …
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Africa NewsBanksFeatureInternational NewsMoneyNews
British lender announces $100m financing pact for Africa
by Aya Anwarby Aya AnwarBritish International Investment, a development lender, announced a $100 million financing agreement with TDB.
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Eurozone banks must revise their risk management strategies in light of several challenges, according to Claudia Buch, …