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world

World Leaders Applaud Trump, Yet His Triumph Seems Poised to Stir Global Turbulence Once More

Captured on a screen in Seoul, South Korea, the image of Donald Trump, once again the Republican presidential nominee and former President, graced Wednesday’s news programs on November 6, 2024. (AP Photo/Lee Jin-man) LONDON (AP) — The voice of American voters resounded louder and clearer than anticipated by many experts. As the world waits, a cloud of unease gathers over Donald Trump's re-election as President, stirring apprehensions among his allies about potential global instability. With a commanding lead beyond the…

Oxfam Report Highlights Lack of Oversight in World Bank’s Climate Funding

World Bank's Climate Finance Faces Scrutiny: Oxfam Rings the Alarm Bell November 2024 – Nairobi — Oxfam International is sounding the alarm over the World Bank’s climate finance, pointing out murky waters in the Bank's transparency and accountability. Their latest doc, "Climate Finance Unchecked," pulls back the curtain on some dodgy discrepancies between budgeted and real spending in climate projects, hinting at shaky foundations in the fight against global warming. Drilling into data from 2017 to 2023, Oxfam spotlights…

World Bank Greenlights $90 Million to Enhance Djibouti-Ethiopia Trade Route

D'you hear the news? Djibouti City (AX) — The World Bank is coughing up another $90 million to beef up the Djibouti Regional Economic Corridor, a massive infrastructure project intended to improve regional connectivity and trade throughout the Horn of Africa.This fresh capital injection totals the project's financing to a hefty $160 million, building on an initial $70 million greenlighted back in December 2021.The coin will go toward revamping and maintaining three segments of the Djibouti-Addis Southern Corridor, a vital…

World Bank approves USD 100 million for well being companies in Somalia

World Bank approves USD 100 million for health services in Somalia MOGADISHU, Somalia -- The World Bank announced Thursday that it has approved a total of US $ 100 million to help improve health services in Somalia. The project, the World Bank's 30-year investment in Somalia's health sector, which aims to improve health services is funded by a $ 75 million grant from International Development…

the ten least peaceful countries in the world

The 2021 edition of the Global Peace Index, an index from the Institute for Economics and Peace (IEP), a Sydney-based think tank, sees five African countries ranked among the ten least peaceful nations in the world. South Africa has been on fire since the imprisonment of its former president Jacob Zuma. It is likely to be included next year in the list of least…

An African Super League and a World Cup each

The Executive Committee of the African Football Confederation (ComEx) (ComF), which met on 16 July 2021 in Morocco, reaffirmed the existence of a Super League project bringing together the best clubs on the continent. CAF ExCom has also shown its support for a World Cup that is held every two years. The Champions League, the…

Ethiopia closes embassies around the globe amid Tigray battle

Ethiopia closes embassies around the world amid Tigray conflict ADDIS ABABA- Ethiopian Prime Minister Abiy Ahmed said the country would close more than half of its embassies and consulates around the world, adding that the move was aimed at "saving costs" amid the financial crisis in the Horn of Africa country. Africa. During his briefing in parliament on Monday, Ahmed, who took office in 2018,…

Lytton: the most well liked metropolis on this planet

Lytton: the hottest city in the world CANADA - The world is so different that people sleep and wake up at different times due to changing time zones, something we cannot change. Some of these things are so unique that people keep wondering about the circumstances behind them. A few days ago, the city of Lytton, British Columbia, Canada officially became the hottest city in the world. On…

DP World invests $ 442 million in breakaway area in Somalia

DP World invests $ 442 million in breakaway area in Somalia BERBERA, Somalia - DP World is investing no less than $ 442 million in Somaliland, a breakaway area in northern Somalia, with the intention of increasing the port of Berbera, which was lately launched and attended by many stakeholders from a number of components of the nation. Somalia and overseas. The corporate, which additionally…

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