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ANZ appoints Sam Garland as group general manager for internal audit

ANZ has announced the appointment of Sam Garland as Group General Manager, Internal Audit.


German-African Business Summit focuses on collaboration opportunities

The German-African Business Summit (GABS) took place in Nairobi, Kenya, from December 2nd to 4th, 2024.


WTO discusses growth potential of global services trade

In a recent meeting of the Council for Trade in Services, members discussed the report "Trade in Services for Development," co-published by the WTO Secretariat and the World Bank.


IMF completes reviews enabling $198M disbursement to Honduras

The International Monetary Fund (IMF) Executive Board has completed the first and second reviews of Honduras' arrangements under the Extended Fund Facility and Extended Credit Facility.


French-speaking Africa concludes regional WTO workshop on food safety

The regional WTO SPS workshop for French-speaking Africa concluded in Rabat, aiming to improve officials' understanding and implementation of transparency obligations under the SPS Agreement.


Uzbekistan advances toward 2026 WTO membership amid ongoing negotiations

A high-level delegation from Uzbekistan, led by Azizbek Urunov, Special Representative of the Uzbek President on WTO issues and Chief Negotiator for WTO accession, participated in negotiations in Geneva.


Jordan investigates impact of imported footwear on local industry

Jordan has initiated a safeguard investigation concerning the import of safety and protective footwear.


Prudential announces second phase of $2 billion share buyback

Prudential plc has announced the commencement of the second tranche of its US$ 2 billion share buyback programme, allocating US$ 800 million for this phase.


WTO highlights success in technical assistance programmes throughout 2024

DDG Zhang highlighted the achievements of three significant WTO technical assistance programs in 2024.


WTO releases report on agricultural import measures in Panama

The World Trade Organization (WTO) has released a panel report concerning agricultural import measures in Panama.


Growth Fund Germany commits over half target volume within first year

Around one year after its final closing, the Growth Fund Germany has committed more than half of its target volume of EUR 567 million to 29 venture capital funds as of November 30, 2024.


Côte d'Ivoire transforms debt strategy with World Bank support

Côte d’Ivoire, once one of Africa's fastest-growing economies with an annual growth rate of 8% from 2012 to 2019, is taking steps to reshape its debt management strategies.


Côte d'Ivoire's innovative debt swap prioritizes educational investment

Côte d’Ivoire is set to complete a debt-for-development swap with the assistance of the World Bank Group.


World Bank announces record $100 billion replenishment for global development

The World Bank Group has announced a historic $100 billion replenishment for the International Development Association (IDA), highlighting a crucial step in global development efforts.


US trade deficit falls as both exports and imports decline in October

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis reported a decrease in the goods and services deficit for October 2024, which stood at $73.8 billion.


Simon Birmingham appointed head of Asia Pacific engagement at ANZ

ANZ has announced the appointment of Simon Birmingham as Head of Asia Pacific Engagement and Chairman for South Australia.


IMF concludes Article IV consultation with UAE; endorses positive economic outlook

On July 11, 2024, the Executive Board of the International Monetary Fund (IMF) concluded its Article IV consultation with the United Arab Emirates (UAE).


Stefan Wintels' contract as CEO extended by KfW until September 2029

KfW's Board of Supervisory Directors has confirmed the extension of Stefan Wintels' term as Chief Executive Officer until September 30, 2029.


HSBC completes another phase in global reorganisation

HSBC has announced the completion of the next stage in its global reorganisation, focusing on International Wealth and Premier Banking (IWPB).


Regional trade policy course concludes successfully in Saudi Arabia

A regional trade policy course concluded in Saudi Arabia, providing participants with training on various trade-related topics.