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A service for banking industry professionals · Friday, August 12, 2022 · 585,831,027 Articles · 3+ Million Readers
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Congos Bank Newswire

  • Published on 21:08 GMT

    These 34 African countries are on the heavily indebted poor countries list according to the World Bank

    The HIPC list is a joint initiative of the World Bank and the International Monetary Fund (IMF) launched in 1996. According to information obtained from the IMF Fact Sheet, the initiative aims to ensure that no poor country ever faces a debt burden that it …

    Source: Business Insider Africa - Neutral
  • Published on 15:19 GMT

    ‘Crown Jewel’ Congonhas Airport To Be Auctioned

    The Brazilian federal government's airport concession round will be auctioned on August 18 in São Paulo. This is one of the most anticipated rounds by the local aviation industry, especially business aviation, because two important airports in the …

    Source: Aviation International News - Neutral
  • Published on Aug 11, 2022

    New World Bank report paints grim picture of food security in region

    The World Bank's Food Price Index has indicated that between July 2021 and June 2022, the prices of grains such as corn, wheat and rice rose by an average of 31 percent in the 160 countries surveyed. The report shows that Rwanda tried to contain the …

    Source: The New Times - Pro-Government
  • Published on Aug 8, 2022

    World Bank announces additional $4.5bn in Ukraine aid – as it happened

    From 3h ago World Bank announces additional $4.5 bn in Ukraine aidThe US will provide an additional $4.5bn (£3.7bn) to Ukraine’s government, bringing its total budgetary support since Russia’s February invasion to $8.5bn (£7bn), the US Agency for …

    Source: The Guardian - Center-left
  • Published on 16:13 GMT

    Taliban anniversary, Gaza flare-up, and a telling defeat for al-Shabab: The Cheat Sheet

    Our editors’ weekly take on humanitarian news, trends, and developments from around the globe.   On our radar   Afghanistan, one year later   The Taliban returned to power in Kabul on 15 August last year. Since then, an already dire humanitarian situation …

    Source: The New Humanitarian - Left-wing
  • Published on 07:55 GMT

    The Africa Climate Action Performance Report

    Introduction According to the third instalment of the Sixth Assessment Report by the Intergovernmental Panel on Climate Change, titled ‘Climate Change 2022: Mitigation of Climate Change,’ keeping the Paris Agreement goal of 1.5 degree Celsius within reach …

    Source: Observer Research Foundation - Neutral
  • Published on Aug 11, 2022

    Delivering benefits through impactful renewable energy procurement

    This article is sponsored by 3Degrees. As corporate purchases of renewable energy have steadily increased, the criteria that buyers are looking for have also evolved. In the recent past, it was not a common practice to look at factors beyond environmental …

    Source: Green Business - Uncategorized
  • Published on Aug 10, 2022

    Why EA’s financial sector linkage could be stillborn

    By JAMES ANYANZWA A plan to harmonise the financial sector in the region risks stalling as East Africa’s partner states grapple with economic and political crises. These problems have seen the World Bank-funded stockmarket reforms fall behind schedule by …

    Source: The East African - Neutral
  • Published on Aug 10, 2022

    Mozambique Risks Economic Stability if it Purchases Russian Oil

    According to the World Bank, Russia holds the world’s largest natural gas reserves, the second largest coal reserves, and the eighth largest oil reserves. Over the past years, Russia has expressed heightened interest in exploring and producing oil and gas …

    Source: Modern Diplomacy - Neutral
  • Published on Aug 10, 2022

    What are Egypt’s remaining options as Ethiopia continues unilateral GERD filling?

      This comes though the two downstream countries have been for over a decade now adopting a diplomatic approach to persuade Ethiopia to sign a legally binding deal on the filling and operation of its GERD.  Egypt has repeatedly protested against Ethiopia’s …

    Source: Ahram Online - Uncategorized
  • Published on Aug 9, 2022

    China-US tensions: how global trade began splitting into two blocs

    Speaker Nancy Pelosi’s visit to Taiwan has elicited a strong response from China: three days of simulated attack on Taiwan with further drills announced, plus a withdrawal from critical ongoing conversations with the US on climate change and the military. …

    Source: The Conversation - Neutral
  • Published on Aug 10, 2022

    Leading Africa into the digital age and transforming lives through technology

    New research shows that the telecoms sector is set to be the fastest-growing industry in Africa over the next five years. Growth in telecoms spurs growth in other sectors as societies become more digitally enabled and technology-focused; transforming …

    Source: VanillaPlus - Neutral
  • Published on Aug 10, 2022

    Kenya Chooses a New President

    Welcome to today’s Morning Brief, where we’re looking at Kenya’s elections, U.S. Secretary of State Antony Blinken’s visit to the Democratic Republic of the Congo, and a potential new Iran nuclear deal. If you would like to receive Morning Brief in your …

    Source: Foreign Policy - Neutral
  • Published on Aug 8, 2022

    Down for the count: India to surpass China soon as world's most populous nation

    It’s a double-edged milestone, reflected in the way the two countries are marking the occasion. The Chinese government has been muted in its response to the United Nations’ recent declaration that India — Beijing’s primary economic and military rival in …

    Source: The Washington Times - Right-wing
  • Published on Aug 8, 2022

    Blinken seeks to make case for US partnership in Africa

    In a speech about the Biden administration's "strategy for Sub-Saharan Africa," delivered in Pretoria, South Africa, the top US diplomat argued that "the United States and African nations can't achieve any of our shared priorities -- …

    Source: CNN - Neutral
  • Published on Aug 8, 2022

    Blinken targets Russia in major African policy speech

    Secretary of State Antony Blinken on Monday called out Russia as exploiting instability in Africa, committing abuses with impunity and blamed Moscow for worsening food security on the continent over its war in Ukraine.  The secretary’s remarks were part of …

    Source: The Hill - Neutral
  • Published on Aug 9, 2022

    Kenya’s rise as a regional geothermal power

    Kenya is looking to capitalise on rising commercial drilling contracts in East Africa by growing its geothermal talent pool. Governments in the region are warming up to renewable energy in the race to net zero emissions. Energy producer KenGen has floated …

    Source: Mail & Guardian - Left-wing
  • Published on Aug 8, 2022

    Google's 9,000 mile cable could transform life for millions

    CNN  —  On July 1, a cable emerged from the Atlantic Ocean in Swakopmund, a small coastal city in western Namibia. Mostly known as a seaside resort, Swakopmund is used to visitors. But the giant ship out at sea, the string of buoys, and a fleet of smaller …

    Source: CNN - Neutral
  • Published on Aug 9, 2022

    Live Update: Russia’s “Special Operation” in Ukraine; Day 167

    Zelensky calls on Western countries to ban all Russian citizens Ukrainian President Volodymyr Zelensky said Western countries should ban all Russian citizens from entering their country. In an interview with The Washington Post published on Monday, …

    Source: IFP News - Pro-Government

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