Monday , 13 July 2026

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OFID to provide $37.5mn funding for African nations

VIENNA / WAM The Opec Fund for International Development (OFID) signed pu-blic sector loan agreements totalling $37.5 million with Gui- nea Bissau, Burundi and Uga-nda to support socio-economic development and living standards in the African continent. OFID’s $20 million loan to Burundi will help fund the ‘Rumonge-Nyanza Lac Road Rehabilitation Project’. Improvements to 52km stretch of road will promote development …

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US-Canada Nafta trade talks resume with focus on dairy

Bloomberg Talks to update the North American Free Trade Agreement (Nafta) will resume in Washington with a focus on dairy as the US pressures Canada to strike a deal by Friday, a US official familiar with the negotiations said. Canada’s Foreign Minister Chrystia Freeland is expected to visit the Washington office of US Trade Representative Robert Lighthizer. This week’s Nafta …

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Technology shares surge as US stocks pad records

Bloomberg US stocks plowed to new records, with technology shares pacing gains, as investors speculated the Trump administration will make progress on trade spats. The pound rallied after the European Union revived hopes of a Brexit deal before the UK exits the common area in March. The S&P 500 Index jumped past 2,900, a level it first breached on Tuesday, …

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