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Report highlights the challenges of data, reporting on Scope 3 emissions
The Greenhouse Gas Protocol defines Scope 3 emissions as all value chain emissions resulting from activities and assets not ...
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Global M&A deal value plunges by 44 percent in Q1 2023 – GlobalData
The global downward trend in M&A deal activity was observed across all regions on both a year-on-year and quarter-on-quarter ...
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Nomba raises $30 million in Pre-Series B funding round
With this new funding, Nomba said it will deliver payment solutions that have been designed for the specific services that ...
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UNCTAD to host forum on making trade sustainable
The event will discuss policies and initiatives that can make trading systems more inclusive, environmentally friendly, and ...
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StanChart opts out of financing for controversial $5b Ugandan oil pipeline
The project, which still needs a $2-3 billion project finance loan in order to proceed, has lost the backing of nine out of ...
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Africa solar investor Nithio secures $3m investment from Schmidt Foundation
The AI-enabled solar energy vehicle plans to use the investment to expand access to renewable energy products for over 17,000 ...
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Global fintech firm Admirals expands presence to Nigeria
The fintech is licensed in the UK, Cyprus, South Africa, Australia, Jordan, Canada, and Estonia.
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Allianz ranks Nigeria bottom of global pension system
“It is only small consolation that most other African countries have very similar scores,” Allianz said about the ...
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Mobile money transaction value grows to $1.26 trillion – GSMA
The number of active agents increased by 25 percent to 7.2 million in 2022. A lot of this growth came from Nigeria, where a more ...
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African blockchain venture funding increases by 429 percent
Blockchain venture funding, as a percentage of all venture funding, rose by 6.5 percent globally.
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US, China dominate top 10 cities of resident millionaires
New York City tops the list as the wealthiest in the world with 340,000 millionaires.
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Record high $23.8 billion in cryptocurrency laundered in 2022
Since 2015 there has been more than $67.7 billion worth of cryptocurrency laundered for illicit purposes.
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IMF lowers global growth forecast for 2023
Sub Saharan Africa is projected to grow at 3.6% in 2023 and 4.2% in 2024. Nigeria is projected to grow slightly below the ...
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Women occupy only 33 per cent of senior roles in Nigerian Judiciary
One notable trend across England and Wales, Nigeria, Spain and Uganda is the high representation of female lawyers in the public ...
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Shelter Afrique targets African diaspora for affordable housing delivery
Since 2000, five countries, namely Kenya, Nigeria, Ethiopia, Ghana, and Rwanda, with an estimated total diaspora population of ...
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Central banks must enhance transparency to build trust – IMF
The Executive Board of IMG in 2020 adopted a new voluntary Central Bank Transparency Code, a comprehensive set of principles ...
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Flutterwave secures two additional licenses in Rwanda
"From our first transaction to over 400 million now, we've remained committed to our vision of connecting all parts of Africa ...
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Global gas flaring falls to lowest level since 2010
Three countries – Nigeria, Mexico, and the United States – accounted for most of the decline in global gas flaring ...
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Renewables record 9.6 percent growth despite global energy crisis – IRENA
Growth was recorded in renewable hydropower capacity, wind energy, solar energy, bioenergy, and geothermal energy.
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Trade in ‘green goods’ grows amidst slowdown in global commerce
Green goods, also called "environmentally friendly goods", refer to products that are designed to use fewer resources or emit ...
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Visit to the Kingdom of Saudi Arabia by officials of the NEXIM Bank
Besides the $200 million Line of Credit, which is already being processed, the NEXIM Bank hopes to secure additional credit ...
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