Page 18 - Financing Facility News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(AFRICAN EXAMINER) - African Development Bank (AfDB) has signed a new partnership agreement with the Private Infrastructure Development Group (PIDG), which is aimed deepening their cooperation on the implementation of the Desert to Power initiative. The AfDB’s Desert to Power solar initiative is aimed at turning Africa into a renewable energy powerhouse. 11 countries are

Global remittances, the hard-earned money sent by migrant workers to their family members in low- and middle-income countries (LMICs), grew by 8.6% in 2021 and is seen at $5.4 trillion by 2030, a figure twice the GDP of Africa in 2021.

Migrant workers sent home an estimated $605 billion to low- and middle-income countries last year, a UN study said Thursday, boosted by an increase in payments sent via mobile phones.

Global remittances, the hard-earned money sent by migrant workers to their family members in low- and middle-income countries (LMICs), grew by 8.6% in 2021 and is seen at $5.4 trillion by 2030, a figure twice the GDP of Africa in 2021.

Mendi airport near completion