The World Bank has revised its growth outlook for Nigeria, foreseeing a robust expansion of 3.3 percent in 2024, according to its Global Economic Prospects report for January 2024. The…
Browsing: World Bank
The World Bank has made a revelation that it will not be considering new loans to Uganda after the East African country earlier this year enacted an anti-gay bill that…
In response to Uganda’s passage of stringent anti-LGBTQ legislation, including provisions for the death penalty in certain cases, the World Bank has decided to halt new loans to the East…
Ghana: The World Bank yesterday issued a statement announcing the release of its report titled ‘Price Surge: Unraveling inflation’s toll on poverty and food security’ in Ghana. The Bank observed that…
Nigeria: Yesterday, the World Bank published its bi-annual Development Update for Nigeria, titled ‘Seizing the opportunity’. The Bank noted that removal of the petrol subsidy and foreign exchange management reforms are…
The President of the World Bank, David Malpass, has expressed concerns over China’s loans to African countries, calling for more transparency in the terms and conditions. There are worries that…
The African economic sector is delighted with the news that Zambian national Dr. Samuel Musele Maimbo has bagged a top role at World Bank. According to Lusaka Times, Maimbo has…
The World Bank has appointed Victoria Kwakwa as the new World Bank Vice President for Eastern and Southern Africa. Kwakwa, an economist and development expert with over 30 years of…
The World Bank is preparing emergency financing to help about 30 African countries access Covid-19 vaccines, the global lender told Reuters, as the continent scrambles to secure doses and start…
Nkosi Mfumu, a Zambia-based legal and foreign policy expert explains why Zambia needs to address some structural and other issues holding it back from realising its true potential.
