Tag: World Bank

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Nigeria needs to curb inflation, stabilize forex to boost growth, says World Bank

Nigeria still needs to control inflation and stabilise its foreign exchange market following currency reforms and the removal of a petrol subsidy, the World...

World Bank sees $12 billion support to Kenya over next 3 years

The World Bank said on Monday that it foresaw $12 billion of support to Kenya over the next three years, potentially a major boost...

Kenya could lose up to 7.25% of GDP to climate change, World Bank says

Kenya could lose up to 7.25% of economic output by 2050 if it does not take strong action to adapt to climate change and...

Uganda central banker sees progress in talks with World Bank over anti-gay law

Uganda has made good progress in talks with the World Bank over the country's anti-gay law, the country's central bank deputy governor said on...

World Bank sees lower 2024 oil price, but Middle East war could cause spike

The World Bank said on Monday it expected global oil prices to average $90 a barrel in the fourth quarter and fall to an...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

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...

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