Zanzibar News

Tag : Asian Development Bank

Business

Asia-Pacific growth outlook lifted to 5% for 2026

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Economic growth across developing Asia and the Pacific will moderate to 5.0% in 2026 from 5.5% in 2025. The Asian Development Bank raised its 2026...
Business

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

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The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and...
Business

ADB commits $30 billion for ASEAN by 2030

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CEBU: The Asian Development Bank said Friday it will mobilize $30 billion by 2030 to help the Association of Southeast Asian Nations advance long-term development priorities and...
Business

ADB unveils fund to speed ASEAN power grid plans

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MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing to accelerate preparation of cross-border energy and...
News

Thailand’s green economy boosted by OFID-ADB collaboration

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The OPEC Fund for International Development (OFID) and the Asian Development Bank (ADB) have pledged to jointly bolster Thailand's pursuit of sustainable growth. The collaborative...
Business

Masdar secures financing for three large-scale solar projects in Uzbekistan

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Abu Dhabi-based company, Masdar, has announced that it has achieved financial close on three solar photovoltaic (PV) projects in Uzbekistan, with a combined capacity of...