Across Africa – The African Development Bank Group has announced that it will invest $24 billion (about Shs82 trillion) in the agriculture sector over the next 10 years in its member state countries to increase food production for human consumption and … Continue reading →
Australia – Kwinana, Western Australia – A new state-of-the art lithium processing plant in Kwinana is set to provide up to 500 jobs during the construction phase and 115 operational jobs when the plant opens towards the end of 2018. The $400 million plant … Continue reading →
10 Africa – Across Nigeria – The European Investment Bank and United Bank for Africa (UBA) have agreed a new EUR 60 million lending programme to support private sector investment across Nigeria. This represents the EIB’s largest ever loan to UBA and will … Continue reading →
Across America – New +Lease Accounting Rules Could Impact Equipment Dealers – Since the Financial Accounting Standards Board approved new rules for lease accounting that require leases to appear on companies’ balance sheets, 7 out of 10 businesses that finance some or … Continue reading →
Across Asia – The plan to dam Asia’s last free-flowing, international river – One planned project would directly impact the Salween River, which supports a biodiversity comparable to the Mekong. The Salween is Asia’s last free-flowing international river. Currently, a total of 15 hydropower … Continue reading →
Asia – Ahmedabad, India – Nila Infrastructures Limited received and accepted a work-order pertaining to EPC contract for Rs 435.1 million from Adani Ports and Special Economic Zone Ltd (APSEZ) 1 & 2 for construction of PMC Office Building at Adani Shantigram, located … Continue reading →
Across 80 Rural American Communities – At the White House Rural Forum convened today at Pennsylvania State University, Agriculture Secretary Tom Vilsack announced $32 million in loans and grants that will promote economic development and provide access to broadband in more … Continue reading →
Across the Caribbean Islands – Hurricane Matthew devastated Haiti on Tuesday after making landfall in the southwest of the country, causing massive flooding and heavy rains, particularly in the southern city of Les Cayes. Matthew has already led to the deaths of … Continue reading →
Across Africa – The African Export-Import Bank (Afreximbank) has announced the successful closing of a $250 million Syndicated Term Loan Facility and a $50 million Bilateral Term Loan Facility. Both facilities were signed on 12 September 2016 and have a five-year tenor … Continue reading →
Across the United States – ISM – Institute of Supply Management Report – Economic activity in the manufacturing sector expanded in September following one month of contraction in August, and the overall economy grew for the 88th consecutive month, say the nation’s … Continue reading →