A consortium comprising Saudi Arabia’s Public Investment Fund (PIF) and Patria Investments, an alternative asset investment firm in Latin America, has secured a 30-year concession for the capacity extension and…
The COP28 summit launched the Loss and Damage Fund on day one of the climate conference, with the UAE pledging $100 million to help developing countries and vulnerable nations affected…
Saudi Arabia's Kingdom Holding Co., in which the country's sovereign wealth fund has a 16.9% stake, said it has bought shares in Citigroup Inc. from its chairman, Prince Alwaleed bin…
Zambia suffered a major setback in its debt restructuring efforts, after the government said on Monday a revised deal to rework $3 billion of Eurobonds could not be implemented at…
The World Bank, Germany and the African Development Bank have agreed to provide $1.9 billion in funding for South Africa’s Just Energy Transition plan as the country scrambles to overcome…
According to a recent study, Africa has lost over 55,000 doctors from its health systems to Global North countries. In many affected nations, the scarcity of trained doctors has resulted…