Commonwealth News
CDC Group to invest up to $1 billion in climate finance in India
Sep 2, 2021
CDC Group, the UK’s development finance institution (DFI) and impact investor, plans to invest up to $1 billion in climate finance in India. The commitment will provide financial capital to climate mitigating projects and businesses over the next five years. CDC has...
Sarah Storey wins historic 17th Paralympic gold medal for Great Britain
Sep 2, 2021
The 43-year-old from Great Britain, Dame Sarah Storey records 17th gold medal in the women's C4-5 road race at Tokyo Paralympics. The cyclist finished her race in 2hr 21 min 51sec.
Australia, Malaysia, Singapore and South Africa launch cenbank digital currency scheme
Sep 2, 2021
Central banks in Australia, South Africa, Malaysia and Singapore to launch cenbank digital currency scheme with central financial institution digital currencies (CBDC). These are digital types of current currencies that provide shared platforms for cross-border...
New World Bank Group-Tuvalu Agreement strengthens partnership
Sep 2, 2021
Tuvalu partners with the World Bank Group for additional technical support and expertise in a range of areas critical to economic development and resilience. The Establishment Agreement will be strengthening the World Bank and IFC connections with Tuvalu. Read the...
Burundi: Reforestation program improves lives of Congolese refugees and host communities
Sep 2, 2021
African Development Bank collaborates with United Nations High Commissioner for Refugees (UNHCR) to implement worth $1.42 million agroforestry training programme to improve lives of Congolese refugees and host communities in Burundi. The scheme will also raise...
Airwallex secures international payments license in Malaysia
Sep 2, 2021
Airwallex, global payments startups secures a money services business (MSB) license from the Central Bank of Malaysia (Bank Negara Malaysia) to offer cross border payments for businesses in the country. The startup can now expand its services portfolio in countries...