IMF: Global Growth to Decline to 2.8% in 2025 Amid Trade tensions
The International Monetary Fund, IMF has projected a shrinking global growth and declining world inflation, occasioned by heightened uncertainties and key policy adjustments. IMF’s Chief Economist, Pierre-Olivier Gourinchas who announced this yesterday in Washington DC, USA, while giving the fund’s global economic outlook, also downgraded the 2025 U.S. growth forecast to 1.8%, down from 2.7% […]
Africa’s $90B “Mission 300” Targets 300M Homes by 2030
Several African nations converged for an energy summit in Tanzania and committed to open up their electricity sectors to attract investors and light up homes of 300 million people in the next six years. Launched by the World Bank and the African Development Bank, the plan dubbed “Mission 300” aims to unlock at least $90 […]
