Benin classified as a middle-income country
Benin, considered so far a low-income country, has been upgraded by the World Bank, since July 1, to the category of middle-income countries such as […]
The World Bank
Zimbabwe introduces new “bond notes” currency
Zimbabwe central bank on Monday launched a “bond notes” currency in a last-ditch bid to inject desperately needed cash into its failing economy. The southern […]
Brussels: Norway pledges $5.5m aid support to CAR
Norway’s Foreign Affairs Chief, Borge Brende in a statement on Thursday, announced additional aid funds of estimated $5.5 million to the Central African Republic (CAR) […]
Fisheries, a Lever for Growth in Africa
Participants at a high level side event in the Moroccan COP22 pavilion highlighted the potential of the maritime sector and fisheries in particular in boosting […]
World Bank to Earmark $16 Billion for African Clean Energy Projects
Clean energy projects will be flying high across Africa as the World Bank is planning to raise $16 billion for solar, hydro, and geothermal energy […]
Morocco, 3rd Business-Friendly Country in Africa, Doing Business 2017 Report
The World Bank Tuesday hailed Morocco, in its 2017 Doing Business report, for the reforms conducive to investment it initiated, ranking the Kingdom third in […]
World Bank Chief Jim Yong Kim Secures Second Term
Jim Yong Kim, President of the World Bank Group, has been re-elected as leader of the Bretton woods institution for a second five-year term, beginning […]
Malawi: Inflation Rate Increases to 22.6% in June
The national statistics office of Malawi, on Monday, said the country’s inflation has accelerated to 22.6 percent year-on-year in June from 21.5 percent in May, […]