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Multilateral Agency
44 posts
15th IRENA Assembly to set energy transition narrative for 2025
By Tochukwu Bliss, Abuja The 15th Session of the International Renewable Energy Agency (IRENA) Assembly convened yesterday, in Abu…
Exodus by Wall Street banks from climate group worries advocates
U.S. lenders have been rushing in recent weeks to leave one of the world’s top banking sector climate…
Libya signs Afreximbank Establishment Agreement to boost African trade
By Tochukwu Bliss, Abuja Libya has officially acceded to the African Export-Import Bank (Afreximbank) Establishment Agreement, thereby becoming…
IRENA’s report seeks commitment to triple renewables by 2030
. Projects $31.5trn investments to achieve goals By Tochukwu Bliss, Abuja Latest report by the International Renewable Energy…
W’Bank fears oversupply could mute effects of Middle-East conflict on oil prices
By Stanley Onyeka, Lagos Global commodity prices are set to tumble to a five-year low in 2025 amid…
IFC to advance $1bn to CBN to boost local currency financing in Nigeria
By Tochukwu Bliss, Abuja International Finance Corp (IFC), a member of the World Bank Group, has expressed a…
African Caucus, IMF pledge to strengthen continent’s economic resilience
The African Caucus and the International Monetary Fund (IMF) have reaffirmed their commitment to strengthening the continent’s economic…
World’s 26 poorest countries in worst debt since 2006: World Bank
By Stanley Onyeka, Lagos The world’s 26 poorest economies—home to about 40% percent of all people who live on…
How critical minerals can drive global energy transition
By Stanley Onyeka, Lagos The World Economic Forum (WEF) has released a report exploring how to secure a…
“Middle-Income Trap” hinders progress in developing countries: World Bank
By Stanley Onyeka, Lagos About 108 countries including China, India, Brazil, and South Africa—face serious obstacles that could hinder…