Tag: United Nations
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UN calls for reform of the global finance system
By Tatenda Chitagu NAIROBI, KENYA-The United Nations has called for the reform of the global financial ecosystem so that multilateral lending institutions support climate action. Speaking at the high level opening of the African Climate Summit at the Kenyatta International Conference Center today, UN secretary general Antonio Guterres said the global financial system should come…
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AfDB to inject US$1 billion to finance youth-led businesses and start-ups
By Tatenda Chitagu NAIROBI, KENYA-The African Development Bank (AfDB) is set to launch a US$1 billion fund for African youth-led businesses and startups in the climate and agriculture sector, a top ranking official has revealed. AfDB president Akinwumi Adesina said at the close of the inaugural African Youth Climate Assembly Summit at the Kenyatta International…