World Bank, China looking at co-financing African projects
The World Bank and China have held talks on how they can finance projects in Africa together, the lender’s vice president for the continent said.
The World Bank and China have held talks on how they can finance projects in Africa together, the lender’s vice president for the continent said.
The World Economic Forum's Global Risks Report for 2018 has been released, covering more risks than ever, but focusing in particular on four key areas: environmental degradation, cybersecurity breaches, economic strains and geopolitical tensions.
According to a United Nations report released Tuesday, projected emissions of carbon dioxide, the primary greenhouse gas, from nations around the world fall woefully short of the 2 degree Celsius goal set in the Paris Climate Agreement in 2015.
The world’s first fully electric, emission-free and potentially crewless container barges are to operate from the ports of Antwerp, Amsterdam, and Rotterdam from this summer.
The Port of Shanghai is already the busiest for container traffic in the world, handling a record 37 million TEU in 2016, and the new automated Phase IV terminal will cement its leading position with an additional seven berths and 4-6 million TEU of capacity.
Danish container shipping giant Maersk Line has cemented its spot as the global leader in the sector with the latest acquisition of German carrier Hamburg Süd.
Trade growth is likely to slow further into the fourth quarter of 2018, according to the WTO’s latest World Trade Outlook Indicator.
BDP International is actively monitoring the situation with the Wuhan coronavirus including its potential impact to operations.
China will provide $60 billion in government assistance and investment to Africa, Chinese President Xi Jinping announced at the 2018 Beijing Summit.
Airfreight growth was pegged back to 9.2% in September, its slowest rate for five months, but is still outstripping the increase in capacity said IATA in its latest monthly forecast.