Commonwealth News
Australia’s Telstra completes Digicel Pacific buyout
Australia’s leading telecommunications company, Telstra Corporation acquires Digicel Pacific in partnership with the Australian Government. The Government is providing $1.33 billion through Export Finance Australia (EFA), to support this acquisition and build a...
Kiribati Unimwane Day
This day honours elders with various events, political speeches, and traditional music and dances to convey their respect. The Unimwane Association also arranges debates and discussions on important decisions regarding social, political, and economic issues.
Space tech startup Agnikul opens India’s first rocket engine factory
India's Space tech startup Agnikul Cosmos opens the first-ever rocket engine manufacturing facility in Chennai. According to Srinath Ravichandran, co-founder and CEO, this facility will have the capacity to make about 2 rocket engines per week. Read the original...
AfDB approves €50 million trade finance risk participation partnership with Societe Generale
The Board of Directors of the African Development Bank Group (AfDB) partners with Societe Generale to reduce the trade finance gap across Africa. This €50 million worth of risk-sharing facility is expected to support local and small businesses meet international trade...
Gabon to sell $2bn worth of carbon credits before COP27
Gabon plans to create 187 million carbon credits and sell almost half of them on the offset market before the United Nations Climate Change Conference, COP27, scheduled for November. Gabon is expecting to make about $291m from this deal. Read the original article...
Airduka named Kenya’s e-commerce start-up of the year
Airduka, an e-commerce platform wins start-up of the year in Kenya's E-Commerce Summit and Awards sponsored by Finserve Africa. It was appreciated for its role in connecting small businesses and Micro, Small and Medium Enterprises (MSMEs) to local buyers. Read the...