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July 03
2025
African Development Bank Group approves $474.6 million loan to accelerate South Africa’s green transition
The Board of Directors of the African Development Bank Group (AfDB) has approved a $474.6 million loan for the Infrastructure Governance and Green Growth Programme (IGGGP),...
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June 26
2025
Key takeaways from NATO Summit in the Hague
NATO leaders gathered in The Hague on 26 June 2025 for a summit described as “historic” by its participants. The summit focused primarily on strengthening the Alliance's...
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The European Union is expected to adopt its 18th package of sanctions against Russia in the coming days, intensifying pressure on Moscow over its ongoing war in Ukraine. First...
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June 19
2025
Development Banks join forces to finance $479 million renewable energy project in North Africa
A consortium of leading development finance institutions - the African Development Bank (AfDB), the European Bank for Reconstruction and Development (EBRD), and British...
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The Council of the European Union has adopted a regulation that imposes new tariffs on the remaining agricultural products and certain fertilisers from Russia and Belarus that...
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The European Commission has put forward its draft EU annual budget for 2026. It builds on the mid-term revision of the EU’s long-term budget (2021-27) that addressed a series of...
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The European Commission has launched a new EU Startup and Scaleup Strategy, called ‘Choose Europe to Start and Scale’, aimed at making Europe a go-to destination for starting...
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The European Commission and the Council of the EU have welcomed an agreement on the creation of the Security Action for Europe (SAFE) instrument - an unprecedented financial...
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The Commission has announced the selection of 15 renewable hydrogen production projects for public funding across the European Economic Area (EEA). The projects are located...
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The Commission is investing over €7.3 billion in its Horizon Europe programme to strengthen Europe’s research and innovation engine. The investment aims to drive cutting-edge...
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May 13
2025
Islamic Development Bank and Asian Development Bank pledge $2 billion for joint development projects
The Islamic Development Bank (IsDB) and the Asian Development Bank (ADB) have renewed their long-standing partnership by pledging US $1 billion each in co-financing for joint...
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April 30
2025
European Commission mobilises €910 million to boost European defence and close capability gaps
The European Commission is investing €910 million under the European Defence Fund (EDF) to create a strong and innovative European defence industry. The investment is...
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