Africa: Indirect Disaster Effects Cost the World Nearly  Trillion Per Year, Says UN Secretary-General On International Day

Africa: Indirect Disaster Effects Cost the World Nearly $2 Trillion Per Year, Says UN Secretary-General On International Day

From 1970 until 2000, the costs of disaster averaged $70-$80 billion. Those mainly preventable costs doubled this century to average $180-$200 billion annually, according to a recent report published by the UN Office for Disaster Risk Reduction (UNDRR). Most of the exorbitant costs of disaster are preventable with proper funding and planning –one of the…

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Africa: Indirect Disaster Effects Cost the World Nearly  Trillion Per Year, Says UN Secretary-General On International Day

Africa’s $1 Trillion Housing Deficit Threatens Agenda 2063

Africa’s deepening housing crisis, estimated at more than 52 million units, is emerging as one of the continent’s most urgent barriers to achieving the African Union’s Agenda 2063 development blueprint, financial and development leaders warned Monday at the Intra-African Trade Fair (IATF2025) in Algiers. The continent’s housing shortfall, experts say, now carries an estimated price…

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Nvidia hits  trillion milestone in world first

Nvidia hits $4 trillion milestone in world first

Nvidia headquarters, Santa Clara, California. Nvidia has reached the $4 trillion market capitalisation milestone, becoming the first company in the world to do so, as it outpaces the rest of the “Magnificent Seven” technology companies. The rise in the chipmaker’s share price – from $10 five years ago to more than $162 now – makes…

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Africa: Indirect Disaster Effects Cost the World Nearly  Trillion Per Year, Says UN Secretary-General On International Day

Africa Needs About 1.3 Trillion USD Annually to Meet SDGs

Addis Ababa, — At the Fourth International Conference on Financing for Development (FfD4), African countries made a strong case for overhauling the global financial system to reflect current development realities and risks. Held in Seville, Spain, the conference ended with the adoption of a 38-page outcome document, the “Seville Commitment,” outlining voluntary steps to improve…

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