World Bank unveils Egypt’s 2024-2025 external debt repayment plan
On October 24, the World Bank has outlined Egypt’s external debt repayment obligations for the current fiscal year, totaling $60.8 billion scheduled between July 2024 […]
World Bank
World Bank will Focus on job creation and agricultural development in Africa
The World Bank (WB) and International Monetary Fund (IMF) kicked off their annual meetings on Monday, October 21, in Washington. These week-long sessions provide an […]
Cape Verde, Guinea-Conakry and Liberia join the World Bank’s health security program
Cape Verde, Guinea-Conakry, and Liberia are included in the initial phase of the Health Security Program (PSSA) for West and Central Africa, spearheaded by the […]
Cape Verde’s GDP per capita grew 7% between 2015 and 2021
Cape Verde’s National Statistics Institute (INE) reported on October 1 that the country’s GDP per capita, representing the total wealth produced per inhabitant in a […]
Ugandan Activists Challenge Anti-LGBTQ Law in Supreme Court
Human rights activists in Uganda have filed an appeal to the Supreme Court, contesting a lower court’s decision to uphold the country’s controversial Anti-Homosexuality Act […]
World Bank Approves $2.25B Loan to Support Nigeria’s Economic Reforms Amid Hardship
The World Bank has granted Nigeria a $2.25 billion loan to bolster revenue and support economic reforms that have inadvertently contributed to the country’s worst […]
Under the scrutiny of human rights organizations, the World Bank halts financing for Tanzania’s tourism venture
The World Bank has halted funding for a tourism initiative in Tanzania, following pressure from a U.S.-based human rights organization. This move comes after years […]
Central Bank Governor Warns of Inflation Upside Risks and Financial Conditions in South Africa
South Africa’s inflation outlook presents potential upward risks, according to Central Bank Governor Lesetja Kganyago. Despite the adverse effects of El Nino weather conditions across […]
Ugandan Court Affirms Anti-Gay Law Permitting Death Penalty in Certain Instances
On Wednesday, Uganda’s Constitutional Court upheld a controversial anti-gay law imposing the death penalty for “aggravated homosexuality,” amidst global criticism from human rights advocates. This […]
Somalia Achieves 99% Debt Cancellation from Paris Club Creditors
Somalia successfully negotiated the elimination of 99% of its debt to members of the Paris Club, marking a significant achievement in the nation’s journey to […]