Mozambique welcomes $6 billion electricity project from World Bank backing
For Hermínio Guambe, a barber in a small village outside Mozambique’s capital, electricity has been a game-changer. His tiny, unpowered ...
Tag: World Bank
World Bank: ‘Mobile-Phone Technology Powers Saving Surge in Developing Economies’
WASHINGTON —More adults than ever in low- and middle-income countries now have bank or other financial accounts, leading to a ...
Global Economy Set for Weakest Run Since 2008 Outside of Recessions
WASHINGTON — Heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest ...
Saudi Arabia and Qatar to repay Syria’s debts to World Bank
BEIRUT (AP) — Saudi Arabia and Qatar said Sunday they will pay Syria’s outstanding debt to the World Bank, a ...
Mission 300 Africa Energy Summit: Continent to connect 300 million to electricity by 2030 in new ambitious and collaborative initiative
Connecting 300 million Africans to electricity within the next five years is within reach through collaborative effort and commitment to ...
For Poorest Economies, Next 25 Years Could Prove Decisive
WASHINGTON —The next 25 years could prove decisive in determining whether the world’s 26 poorest countries progress to middle-income status, ...
World Bank Says Global Commodity Prices Set to Fall Through 2025 Amid Historic Oil Glut
WASHINGTON — Global commodity prices are set to tumble to a five-year low in 2025 amid an oil glut that ...
World Bank’s Banga says more bilateral debt forgiveness needed
WASHINGTON – World Bank President Ajay Banga said on Thursday that bilateral creditors need to provide more debt forgiveness to ...
World Bank: ‘Ending Poverty for Half the World Could Take More Than a Century’
WASHINGTON — At today’s feeble pace, it could take more than a century to eliminate poverty as it is defined ...
“Middle-Income Trap” Hinders Progress in 108 Developing Countries —World Bank
More than 100 countries including China, India, Brazil, and South Africa—face serious obstacles
World Bank approves $1.5 billion in financing for Ethiopia
By Urvi Dugar and Dawit Endeshaw / Reuters The World Bank’s board has approved $1.5 billion in financing for its ...
Nigeria Seeks Fresh $500m World Bank Loan For Dam Safety, Others
In a bid to enhance water resource management and improve dam safety nationwide, the Federal Government of Nigeria has put ...
Nigeria bets on a new $2.25B World Bank loan to support reforms that have resulted in hardship
The World Bank has approved a $2.25 billion loan for Nigeria to shore up revenue and support economic reforms that ...
World Bank Says Global Growth Stabilizing First Time in Three Years
The global economy is expected to stabilize for the first time in three years in 2024—but at a level that ...
World Bank, IMF can press Ghana to rethink ‘punitive’ LGBTQ law, charities say
The World Bank and the International Monetary Fund are coming under pressure to use their financial might to persuade Ghana ...
British government apologizes to Peter Obi, as hired impostors, master manipulators on rampage abroad
Maids trafficked and sold to wealthy Saudis on black market
Flight Attendant Sees Late Husband On Plane
‘Céline Dion Dead 2023’: Singer killed By Internet Death Hoax
Crisis echoes, fears grow in Amechi Awkunanaw in Enugu State
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