Tag: World Bank

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Sub-Saharan Africa’s growth dragged down by continent’s heavyweights -World Bank

Sub-Saharan Africa's economic growth is expected to slow this year, dragged down by slumps in heavyweights South Africa, Nigeria and Angola, the World Bank...

Yellen says she trusts IMF, World Bank, Morocco to adjust annual meetings after disaster

U.S. Treasury Secretary Janet Yellen said on Tuesday that she trusts the leaders of the World Bank and the International Monetary Fund to adjust...

Global debt is returning to its rising trend

The global debt burden retreated for the second year in a row, even though it remains above its already-high pre-pandemic level, according to the...

Biden to focus on World Bank reform, new funding at G20 in New Delhi

U.S. President Joe Biden will focus on reforming the World Bank and urging other multilateral development banks to boost lending for climate change and...

Uganda president defiant after World Bank funding suspended over LGBT law

Uganda's President Yoweri Museveni on Thursday denounced the World Bank's decision to suspend new funding in response to a harsh anti-LGBTQ law and vowed to find...

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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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