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Australia, Malaysia, Singapore and South Africa launch cenbank digital currency scheme
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 transactions with a number of CBDCs.
Read the original article here: https://www.reuters.com/business/finance/australia-singapore-south-africa-test-cross-border-cbank-digital-payments-2021-09-02/
New World Bank Group-Tuvalu Agreement strengthens partnership
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 original article here: https://www.worldbank.org/en/news/press-release/2021/09/02/new-world-bank-group-tuvalu-agreement-strengthens-partnership
Burundi: Reforestation program improves lives of Congolese refugees and host communities
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 awareness of the importance of trees and promote reforestation and environmental preservation.
Read the original article here: https://www.afdb.org/en/success-stories/burundi-reforestation-program-improves-lives-congolese-refugees-and-host-communities-45391
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