Extreme weather and climate change impacts hit Africa hard

Press Release – 12 May 2025 – Addis Ababa, Ethiopia/Geneva – Extreme weather and climate change impacts are hitting every single aspect of socio-economic development in Africa and exacerbating hunger, insecurity and displacement, according to the World Meteorological Organization (WMO) State of the Climate in Africa 2024 report. Key messages The year 2024 was the warmest or second-warmest year, depending on the dataset, and the … Continue reading Extreme weather and climate change impacts hit Africa hard

Impact Newswire12/05/202512/05/2025

Europe

Bosnia and Herzegovina To Boost Energy Security, Jobs with World Bank support

WASHINGTON, May 5, 2025—The World Bank’s Board of Executive Directors approved on May 1st a EUR 79.90 million loan and a EUR 2.89 million grant to support Bosnia and Herzegovina’s National Energy and Climate Plan, enhance energy independence, foster new job opportunities, and strengthen local economies in former coal regions. The Just Transition in Select Coal Regions of Bosnia and Herzegovina Project will help repurpose post-mining lands … Continue reading Bosnia and Herzegovina To Boost Energy Security, Jobs with World Bank support

Impact Newswire12/05/202512/05/2025

Asia, Europe

UK and India Seal Landmark Trade Deal, Slashing Tariffs and Boosting Market Access

Indian Prime Minister Narendra Modi and his British counterpart Keir Starmer on May 6 announced the conclusion of a long-awaited Free Trade Agreement (FTA) and a Double Contribution Convention, marking a significant step forward in bilateral ties. The agreement is expected to strengthen the India-UK Comprehensive Strategic Partnership by easing trade barriers, promoting investment, and creating a more predictable business environment. PM Modi said the … Continue reading UK and India Seal Landmark Trade Deal, Slashing Tariffs and Boosting Market Access

Impact Newswire07/05/202507/05/2025

Middle East

Abu Dhabi $200 Billion Strategic Engine: Powering the Future of Global Investment and Innovation

Once viewed primarily as an oil-rich capital, Abu Dhabi has rapidly transformed into one of the world’s most forward-thinking investment hubs. At the core of this evolution lies a $200 billion strategic engine – an interconnected network of sovereign wealth funds, industrial diversification, global partnerships, and technology-driven innovation. This ecosystem is not only redefining the Emirate’s economic future but is also influencing how the world … Continue reading Abu Dhabi $200 Billion Strategic Engine: Powering the Future of Global Investment and Innovation

Mohd Hassan07/05/202507/05/2025

United States

East Asia and Pacific: Technology, Reforms, and Cooperation Pathways to Future Prosperity

Washington DC, April 24, 2025— In 2024, East Asia and Pacific (EAP) outpaced most regions in economic growth. To sustain this momentum and generate jobs, EAP countries must navigate global uncertainty and tackle long-term challenges tied to shifting global integration, climate change, and demographic trends. In its 2025 Regional Economic Update, the World Bank projects that growth in EAP will slow down to 4.0 percent in 2025, compared … Continue reading East Asia and Pacific: Technology, Reforms, and Cooperation Pathways to Future Prosperity

Impact Newswire06/05/202506/05/2025

Europe

Reigniting an Open, Bold & CollaborativeEuropean Digital Economy Amidst €200bn AI Ambitions

Berlin, Germany – 17 April 2025: With landmark initiatives announced to forge new frontiers in Europe’s digital sovereignty, including the €200bn AI pledge and unprecedented emphasis on quantum, cloud, semiconductors and data storage, a sense of urgency is sweeping across the continent to reimagine the status quo and reshape critical tech infrastructures. Perfectly timed to harness Europe’s inherent innovation prowess and catapult its position among … Continue reading Reigniting an Open, Bold & CollaborativeEuropean Digital Economy Amidst €200bn AI Ambitions

Impact Newswire04/05/202504/05/2025

Europe, Middle East

GKSD’s Kamel Ghribi Reaffirms Commitment to Syria’s Reconstruction during Strategic Visit

Milan, Italy– Friday, May 2nd 2025 – Kamel Ghribi, the President of GKSD Group, has reaffirmed his company’s commitment to supporting ongoing reconstruction efforts in Syria. He stated this during a strategic visit to the Syrian capital, Damascus, earlier this week. During the visit, Mr Ghribi held high-level meetings with senior Syrian government officials, including the President H.E. Ahmed Al Sharaa, to discuss avenues for … Continue reading GKSD’s Kamel Ghribi Reaffirms Commitment to Syria’s Reconstruction during Strategic Visit

Impact Newswire03/05/202503/05/2025

Broadband upgrade for Scotland remote locations.

Untied Kingdom

Scotland’s most remote towns and villages get huge broadband upgrade as UK government vows to end digital exclusion plight

Around 65,000 Scottish homes and businesses, including many in some of the most isolated areas of the United Kingdom, will receive access to fast, reliable broadband. From: Department for Science, Innovation and Technology, Building Digital UK, The Scottish Government and Sir Chris Bryant MP Published1 May 2025 – Around 65,000 Scottish homes and businesses, including many in some of the most isolated areas of the United Kingdom, will receive … Continue reading Scotland’s most remote towns and villages get huge broadband upgrade as UK government vows to end digital exclusion plight

Impact Newswire01/05/202501/05/2025

Africa

How US-China Trade Tariff Wars Are Affecting the Development of AI in Africa

In Nairobi’s Westlands tech hub, an AI engineer squints at his computer screen, awaiting a shipment of GPUs ordered four months ago from Shenzhen, China. With each passing week, the container’s journey across trade bottlenecks feels less like a logistical hiccup and more like a casualty of geopolitical conflict. Around him, the hum of ambition is increasingly muffled by something Africa didn’t start—but must now … Continue reading How US-China Trade Tariff Wars Are Affecting the Development of AI in Africa

Joyce Bitutu30/04/202530/04/2025