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A service for banking industry professionals · Thursday, July 10, 2025 · 830,062,485 Articles · 3+ Million Readers
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  • Published on 00:29 GMT

    World Bank places Nigeria behind Libya, Gabon in income rankings

    The World Bank has again ranked Nigeria among the Lower-Middle Income Economies (LMIEs), placing Africa’s top oil producer behind conflict-ridden Libya and Gabon which were categorized as Upper-Middle Income Economies (UMIEs). This ranking comes as the …

    Source: Business Day - Neutral
  • Published on Jul 9, 2025

    Preparations underway for opening of World Bank office in Tripoli

    The head of the Executive Team for the Prime Minister’s Initiatives, Mustafa Al-Manea, has met with the security and logistics team responsible for the real estate portfolio for the Middle East and Africa at the World Bank, as part of ongoing preparations …

    Source: The Libya Observer - Neutral
  • Published on Jul 9, 2025

    Can Nuclear Energy Power Africa?

    Dr. Lassina Zerbo discusses the innovations that may allow Africa to adopt nuclear energy amidst a ... More surge in energy demand across the continent.NEISA 2025 As countries around the world seek stable, abundant, and reliable baseload power, nuclear …

    Source: Forbes - Neutral
  • Published on Jul 9, 2025

    Lavrov criticizes IMF, World Bank for favoring Ukraine over Africa

    (MENAFN) Russian Foreign Minister Sergey Lavrov has sharply criticized the International Monetary Fund (IMF) and the World Bank for what he described as a grossly unequal distribution of financial aid, claiming Ukraine has received more support than all of …

    Source: MENAFN - Indeterminate
  • Published on Jul 9, 2025

    Flutterwave Relaunches European Remittances to Africa via Upgraded Send App

    Flutterwave has resumed its Send App service for Europe-to-Africa remittances after a operational pause, introducing enhanced security, faster processing, and expanded payment options. The relaunch targets Africa’s diaspora in key European markets—Ireland, …

    Source: News Ghana - Indeterminate
  • Published on Jul 8, 2025

    Lavrov slams IMF and World Bank for favoring Ukraine over Africa

    Russias foreign minister has called for the reform of global financial institutions and the more equitable distribution of aid Russian Foreign Minister Sergey Lavrov has criticized the International Monetary Fund (IMF) and the World Bank for what he …

    Source: Birmingham Star - Alabama - Pending
  • Published on Jul 7, 2025

    World Bank Appoints New Country Manager for Kosovo and North Macedonia

    WASHINGTON, USA – July, 07th 2025 -/African Media Agency(AMA)/- The World Bank has appointed Carole Megevand as its the new Country Manager for Kosovo and North Macedonia, effective July 1, 2025. In her new role, Megevand will lead the World Bank’s …

    Source: South Africa Today - Right-wing
  • Published on Jul 8, 2025

    Send App by Flutterwave resumes remittance transfers from Europe to Africa with enhanced features

    After a pause, Flutterwave, Africa’s leading payment technology company, has announced the return of Send App to Europe, offering Africans in the diaspora a faster, more secure, and convenient way to send and receive money back home. This resumption …

    Source: Daily Post - Neutral
  • Published on Jul 8, 2025

    PAPSS and Interstellar launch game-changing African Currency Marketplace

    The Pan-African Payment and Settlement System (PAPSS), in collaboration with Interstellar, a leading African deep-tech firm, has unveiled the PAPSS African Currency Marketplace (PACM), a transformative financial market infrastructure (FMI) designed to …

    Source: Technext - Neutral
  • Published on Jul 7, 2025

    World Bank Classifies Nigeria as Lower-Middle Income Economy, Below Libya and Gabon

    Advertisements The World Bank has reaffirmed Nigeria’s status as a Lower-Middle Income Economy (LMIE) in its 2025/2026 country income classification, placing it below conflict-affected Libya and resource-rich Gabon. While Nigeria remains in the LMIE …

    Source: TechEconomy - Neutral
  • Published on Jul 8, 2025

    Flutterwave resumes transfers from Europe to Africa after hiatus

    Africa’s leading payment technology company, Flutterwave, has announced the return of Send App to Europe, a year after the service was paused. Flutterwave in June 2024 paused money transfers from the European Union (EU) using its Send App. It said the …

    Source: The Guardian (Nigeria) - Neutral
  • Published on Jul 8, 2025

    South Africa calls on BRICS to resolve global conflicts, exposing failures of Western alliances

    South Africa calls on BRICS to resolve global conflicts, exposing failures of Western alliances The world is witnessing a seismic power shift as the BRICS alliance — Brazil, Russia, India, China, and South Africa — emerges as a formidable counterweight to …

    Source: Natural News - Right-wing
  • Published on Jul 7, 2025

    World Bank: Nigeria Stuck in Lower Middle Income Economy Below Libya, Gabon

    *Stresses country not ranked among heavily indebted poor countries Dike Onwuamaeze For the umpteenth time, the World Bank has classified Nigeria among Lower-Middle Income Economies (LMIEs) in its  2025/2026 country income classification, below war-torn …

    Source: This Day - Pro-Government
  • Published on 07:15 GMT

    Southeast Asia and the BRICS expansion

    n geopolitics, symbolism and substance often march hand in hand. The recent BRICS summit in Brazil is a case in point. While Western media largely reduced the event to a footnote, dismissing it as just another gathering of emerging economies, the joint …

    Source: The Jakarta Post - Neutral
  • Published on 05:04 GMT

    Who is UN special rapporteur Francesca Albanese and why has US sanctioned her

    The United States on July 9 has imposed sanctions on Francesca Albanese, a United Nations Special Rapporteur investigating human rights violations in the occupied Palestinian territories, for what it called “illegitimate and shameful” efforts to push the …

    Source: The Economic Times - Center-right
  • Published on Jul 9, 2025

    India set to redefine BRICS with a Global South focus in 2026

    At the 17th annual BRICS summit held in Rio de Janeiro, Indian Prime Minister Narendra Modi laid out an ambitious vision for the future of the bloc, signaling that India’s 2026 chairmanship would mark a turning point. With a renewed focus on the Global …

    Source: Weekly Blitz - Pending
  • Published on Jul 9, 2025

    Send App by Flutterwave resumes transfers

     After a pause, Flutterwave, Africa’s leading payment technology company, has announced the return of Send App to Europe, offering Africans in the diaspora a faster, more secure, and convenient way to send and receive money back home. This resumption …

    Source: Business Ghana - Pending
  • Published on Jul 7, 2025

    Global agency to push funding of African nuclear power plans

    The International Atomic Energy Agency (IAEA) has offered to help African countries unlock financing for nuclear power projects.   IAEA’s Director-General Rafael Grossi, who spoke at the Nuclear Energy Innovation Summit for Africa in Kigali this week, said …

    Source: Zawya - Indeterminate
  • Published on Jul 9, 2025

    BRICS can’t set off new world order

    By Anita Inder Singh, Founding Professor, Centre for Peace and Conflict Resolution, New Delhi What brought together Brazil, Russia, India, China, and South Africa (BRICS), along with six new members—Egypt, Ethiopia, Iran, Saudi Arabia, the United Arab …

    Source: Financial Express - Neutral

04 days 20:31:16

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  • Published on July 9, 2025 - 10:04 GMT

    Lavrov criticizes IMF, World Bank for favoring Ukraine over Africa

    (MENAFN) Russian Foreign Minister Sergey Lavrov has sharply criticized the International Monetary Fund (IMF) and the World Bank for what he described as a grossly unequal distribution of financial aid, claiming Ukraine has received more support than all of …

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  • Published on July 8, 2025 - 18:11 GMT

    Russian FM slams International Monetary Fund, World Bank

    (MENAFN) Russian Foreign Minister Sergey Lavrov delivered sharp criticism toward the International Monetary Fund (IMF) and the World Bank, accusing both institutions of favoring Ukraine over African nations in the distribution of financial assistance. …

    Distribution channels:
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