European fundings will be directed to upgrading of Ganja’s water infrastructure to improve its residents’ living standards by ensuring better access to clean water while building resilience towards the impact of climate change.
The European Bank for Reconstruction and Development (EBRD) committed €35 million to finance the upgrading of Ganja’s water management systems. Sovereign loan to be combined with a grant of up to €5 million from the European Union EU.
More than 300,000 people living in Azerbaijan’s second-largest city stand to benefit from further improvements to their urban environment thanks to a third Green Cities project agreed by the delegations of the EBRD and Azerbaijan at the 2025 World Economic Forum.
According to EBRD press-release, this loan is a follow-up to the memorandum of understanding that the parties signed at the 2024 United Nations Climate Change Conference in Baku (COP29) and the start of a comprehensive programme which aims to ensure that all of Ganja is covered by efficient and sustainable water and wastewater services.
The project includes the construction of a water supply pipeline, wastewater collection pipes and water reservoirs, as well as stormwater management systems and other supporting infrastructure.
Ganja joined the EBRD’s flagship Green Cities programme in 2020, and this is now the EBRD’s third investment project there. The EBRD’s first investment in Ganja was in 2022, when the Bank committed to financing upgrades to the city’s waste management, and that was then followed by the financing of improvements to the city’s street-lighting infrastructure.
The 17th Summit of the Economic Cooperation Organization (ECO) is set to be held in Khankendi, Azerbaijan, said Rovshan Mirzayev, Deputy Head of the Economic Cooperation Department of Azerbaijan’s Ministry of Foreign Affairs.
Iranian President Masoud Pezeshkian has praised the strong cultural and historical bonds between Iran and Azerbaijan, expressing optimism for deeper cooperation ahead of his upcoming official visit to Baku.
The city of Irpin in Ukraine has seen the successful reconstruction of its local clinic, thanks to the generous financial support of Azerbaijan. This marks a significant step in the ongoing recovery efforts in the region.
President of the Republic of Azerbaijan Ilham Aliyev visited the Monument to the People's Heroes in Beijing on April 23.
Palestinian President Mahmud Abbas has named Hussein al-Sheikh as the PLO’s first-ever vice president, positioning him as a leading successor.
Russian security forces say they have detained a Ukrainian agent accused of killing a top Russian general with a car bomb near Moscow.
Russian President Vladimir Putin declared Ukrainian forces pushed out of Kursk, but Ukraine insists its troops are still operating in the region.
Indian and Pakistani troops exchanged gunfire for a second consecutive day on Saturday, as relations between the two nuclear-armed neighbors deteriorated following a deadly attack on tourists in India’s Kashmir region.
President Donald Trump has expressed scepticism over Vladimir Putin’s willingness to end the war in Ukraine, suggesting that peace may not be achievable soon, despite earlier comments indicating proximity to a deal.
China has rolled out the world’s first 10-gigabit (10G) fixed broadband network in Xiong'an New Area, promising ultra-fast speeds and low latency through cutting-edge optical infrastructure.
Pope Francis's relationship with Azerbaijan has evolved significantly over the years, characterized by diplomatic exchanges, promotion of religious tolerance, and peace advocacy in the Caucasus region.
Russia launched a major missile and drone assault on Kyiv overnight on April 24, killing at least twelve people and injuring 90, including children and a pregnant woman, according to Mayor Vitali Klitschko.
China’s pivot away from U.S. liquefied petroleum gas under new tariffs is shaking global energy flows, slashing demand, and fuelling a scramble for alternatives across Asia, with Middle Eastern suppliers and rival buyers seizing the moment.
A deadly attack targeting tourists in India’s Jammu and Kashmir territory has left at least 20 feared dead, marking the deadliest incident against civilians in the region for years, according to security sources.
President Donald Trump on Thursday signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access to nickel, copper and other critical minerals used widely across the economy.
Uzbekistan and Iran have agreed to establish a Joint Business Council aimed at fostering development of business ties and facilitating the resolution of issues between entrepreneurs from both countries.
Brussels has fined Apple and Meta over €700 million combined, launching its first crackdown under the Digital Markets Act aimed at curbing big tech’s power and boosting competition in the digital economy.
The Trump administration is considering reducing tariffs on Chinese imports, aiming to ease tensions with Beijing as trade negotiations continue, a source familiar with the matter said on Wednesday.
Iran informed China on Wednesday about ongoing nuclear negotiations with the US, expressing a commitment to diplomacy despite past setbacks and urging stronger bilateral cooperation under their 25-year strategic agreement.
Palestinian President Mahmud Abbas has named Hussein al-Sheikh as the PLO’s first-ever vice president, positioning him as a leading successor.
Russian security forces say they have detained a Ukrainian agent accused of killing a top Russian general with a car bomb near Moscow.
Russian President Vladimir Putin declared Ukrainian forces pushed out of Kursk, but Ukraine insists its troops are still operating in the region.
Indian and Pakistani troops exchanged gunfire for a second consecutive day on Saturday, as relations between the two nuclear-armed neighbors deteriorated following a deadly attack on tourists in India’s Kashmir region.
President Donald Trump has expressed scepticism over Vladimir Putin’s willingness to end the war in Ukraine, suggesting that peace may not be achievable soon, despite earlier comments indicating proximity to a deal.
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