OPEC Fund commits $2bn to boost Africa’s development
VIENNA, December 25, 2025: The OPEC Fund for International Development announced a new co-financing commitment of up to US$2 billion with the African Development Fund (ADF) for the...
Tag : sustainable development
UAE and Korea strengthen cooperation in energy and advanced industry
SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology...
OPEC Fund co-finances Africa’s largest onshore wind power project
The OPEC Fund has committed $30M to co-finance Africa’s largest onshore wind power project in Egypt’s Gulf of Suez, expected to power 1M homes and...
India to fully power Andaman and Nicobar Islands with renewable energy
India’s Andaman, Nicobar, and Lakshadweep islands will run entirely on renewable energy, as announced by Home Minister Amit Shah to promote sustainability and clean energy...
Global population reaches 8.156 billion in 2024, reports show
The global population has risen to 8.156 billion in 2024, an increase of 82 million over last year, with projections indicating further growth despite slower...
OPEC Fund signs €50 million loan agreement with Montenegro
OPEC Fund signs its first loan agreement with Montenegro, committing €50 million to bolster fiscal sustainability, climate action, and green projects, with support from the...
Mukhtar Babayev emphasizes unity at COP29’s opening session in Baku
COP29 President Mukhtar Babayev commits to advancing the UAE Consensus, emphasizing the need for equitable climate finance to aid vulnerable nations. The conference marks a...
Azizi to invest AED1 billion in 12 new factories at KEZAD Al Ma’mourah
Azizi Developments has signed a 50-year lease in KEZAD to build 12 factories worth AED1 billion, supporting modular construction and sustainable practices in the real...
New policy to triple India’s bio economy by 2030
India plans to triple its bio economy to $300 billion by 2030 through innovative environmental strategies....
PM Modi stresses Global South priorities at G7 Summit in Italy
During the G7 Outreach Summit, Modi highlights collaborative efforts for environmental and AI advancements....