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G20 Members to Formulate Development Funding for Least Developed Countries

Members of the Group of 20 (G20) have agreed to enhance multilateralism and push the formulation of development funding for least developed, developing, and...

Russian Central Bank Raises Interest Rate Amid Persistent Inflation

Russia's central bank implemented a 100 basis points hike, raising its key interest rate to 16% on Friday. This marks the fifth consecutive increase...

Resourcefulness of African people will enable recovery, development gains for the region – IMF

HARARE – The International Monetary Fund (IMF) said the potential of the Sub-Saharan Africa region and the resourcefulness of African people remains intact and...

Diamond Sales Collapse as China’s Luxury Shoppers Stay at Home

LONDON – As coronavirus cripples the Chinese economy, hardly anyone there is buying diamonds. Diamond sales in China have collapsed since the outbreak of the...

India Among Top Five Africa’s Investors

India is among the top five countries that have invested in the African continent, External Affairs Minister S. Jaishankar said on Tuesday.  "With cumulative investments...