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World Bank

Week-long national prayers kick-off in Burundi

December 27, 2017 Geraldine Boechat 0

Thousands of Burundians have gathered at the stadium of the province of Kayanza for a week-long prayer organized by President Pierre Nkurunziza and his family. […]

Cairo seeks World Bank intervention in Ethiopia’s Nile dam saga

December 27, 2017 Khalid Al Mouahidi 0

The Egyptian government on Tuesday requested that the World Bank intervene to resolve tensions with Ethiopia over a massive dam on the Nile River. According […]

Morocco Receives $200 Mln WB Loan to Boost Agri-business Sector

December 22, 2017 Khalid Al Mouahidi 0

The World Bank has lent Morocco $200 million to help the North African Kingdom strengthen its agricultural value chains for greater inclusion of small and […]

World Bank, AFD Partner with Morocco in support of AAA initiative

December 13, 2017 Khalid Al Mouahidi 0

The World Bank and the French Development Agency (AFD) decided to partner with Morocco to implement the Adaptation of African Agriculture Initiative, through a one […]

World Bank downgrades Kenya growth forecast

December 7, 2017 Khalid Al Mouahidi 0

The World Bank on Wednesday said it has slashed 2017 growth forecast for Kenya’s economy to 4.9 percent due to drought, sluggish credit growth and […]

Switzerland to return $321m confiscated funds to Nigeria

December 5, 2017 Geraldine Boechat 0

Switzerland will soon return to the Nigerian government $321m confiscated from Nigerian dictator Sani Abacha’s clan, Swiss government said on Monday. According to Transparency International, […]

Sub-Saharan Africa to record slow growth – WB’s Africa Pulse report

October 12, 2017 Geraldine Boechat 0

Sub-Saharan Africa’s economy is growing more slowly this year than expected, the World Bank said on Wednesday. According to the Bretton Wood institution’s Africa Pulse […]

Ethiopia devalues Birr to cope with foreign currency crunch

October 11, 2017 Steven Addamah 0

The National Bank of Ethiopia (NBE) on Tuesday announced a devaluation of the country’s currency, the birr by 15% in a bid to cope with […]

Senegal: National revenue records a surplus of 560 billion CFA

September 29, 2017 Geraldine Boechat 0

Senegal’s economy has recorded a revenue surplus of over 560 billion CFA, data from the West African nation’s office of economic planning, policies and finance […]

Ghana launches free High School program for 400,000 students

September 12, 2017 Khalid Al Mouahidi 0

Ghana’s president Nana Akufo-Addo on Monday launched his government’s flagship education program, Free Senior High School, to enroll about 424,092 students during the 2017/2018 academic […]

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  • Congo and M23 Rebels Sign Qatar Declaration, But Dispute Lingers Over Rebel Withdrawal
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  • Burundi’s president Ndayishimiye appointed AU special envoy to navigate Sahel turmoil
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