Finance

UNDP seeks COVID-19 support for vulnerable countries

COVID unemploymentThe growing COVID-19 crisis threatens to disproportionately hit developing countries, as a health crisis in the short term and as a devastating social and economic crisis over the months and years to come

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Africa’s women leading Africa into greatness

Shannon ImageAfrica has reported more than 1,000 positive COVID-19 cases (45 of the 54 countries now bearing confirmed cases) and more than 40 deaths, according to John Hopkins University

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Somalia receives debt relief, World Bank and IMF call for global payment suspension

Somalia debt reliefThe United Nations official in Somalia congratulated the Horn of Africa nation for achieving the benchmark set by the World Bank and the International Monetary Fund (IMF), confirming its eligibility for debt relief

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COVID-19 and the consequences for Africa

AdobeStock 329115246resizedThe African continent has been hit later than other regions from the pandemic, but it’s becoming a major challenge 

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Nigeria's Bank of Industry raises US$1.11bn

Bank coinsThe Bank of Industry (BOI), Nigeria’s oldest and  largest development financing institution, has raised US$1.11bn from the international capital market, with an aim to serve its customers better

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