Tag: Ajay Banga

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US pick to lead World Bank, Ajay Banga, wins more support

Three Nobel laureates and dozens of civil society, climate change and philanthropic leaders on Thursday endorsed U.S. President Joe Biden's nominee to lead the...

Russia says it is considering a challenge to US nominee to head World Bank

Russia is consulting with its allies about challenging the U.S. nominee to head the World Bank, Moscow's top representative at the bank said on...

World Bank president nominee pledges to partner with AfDB for transformative results

United States’ nominee for World Bank Group President, Ajay Banga began his global tour on Monday, with his first stop in Abidjan, Cote d’Ivoire...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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