Business Africa
Blue economy, Seychelles launches world’s first ever bond worth US$15 million.
US$15 million is the worth of the world’s first ever blue bond issued by Seychelles. The loan will enable this archipelago of 115 islands finance sustainable marine projects, extend its marine protected areas and develop the fishing sector.
We spoke to development economist, DR. Carlos Lopes from Johannesburg, South Africa for more details.
Nigeria: Global Banks close offices in Nigeria
Global Banks close offices in Nigeria as the country experiences drop in foreign investment.
The international banks, HSBC and UBS, have decided to close their representations in Nigeria following an announcement by the Central Bank. No official reason for the closure has been given.
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Mozambique: former finance minister on trial in US
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Russia and Iran to continue cooperation with new Iranian govt
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Head of UN migration agency says it has secured billions in new funding
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Gabon says payment dispute with World Bank resolved
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Angola’s 10th edition of banana fair comes to an end
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“Exploitation continues in Africa, but through economic methods,” Lavrov