Devex
Devex
June 2, 2025 at 09:41 AM
Start your week with a recap of some of the top stories published on Devex over the past few days: #1 🇲🇷Sidi Ould Tah, Mauritania’s former finance minister and ex-president of the Arab Bank for Economic Development in Africa, has been elected AfDB president. He vows to mobilize private capital, reform financial systems, and turn Africa’s demographic boom into an economic engine. https://www.devex.com/news/mauritania-s-sidi-ould-tah-elected-african-development-bank-president-110194?utm_source=whatsapp&utm_medium=social&utm_campaign=audience&utm_content=link #2 🌍Tariffs, aid cuts, and global economic uncertainty have pushed Africa’s 2025 growth forecast down to 3.9% from 4.1% according to AfDB. But many economies remain resilient — and the bank is urging countries to explore tools like diaspora bonds and hybrid capital to finance their future. https://www.devex.com/news/tariffs-and-aid-cuts-jolt-africa-s-growth-but-the-overall-outlook-is-upbeat-110188?utm_source=whatsapp&utm_medium=social&utm_campaign=audience&utm_content=link #3 💼U.N. Secretary-General António Guterres calls for eliminating 20% of jobs in the U.N. Secretariat. https://www.devex.com/news/un-chief-outlines-plans-for-thousands-of-new-job-cuts-110189?utm_source=whatsapp&utm_medium=social&utm_campaign=audience&utm_content=link #4 🏥NGOs ask the World Health Organization to reject Argentina's move to withdraw from the U.N. health agency. https://www.devex.com/news/ngos-ask-tedros-to-reject-argentina-s-move-to-withdraw-from-who-110157?utm_source=whatsapp&utm_medium=social&utm_campaign=audience&utm_content=link
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