World Bank – Page 12 – Medafrica Times

World Bank trims Sub-Saharan Africa growth projection

April 21, 2017 Khalid Al Mouahidi 0

The World Bank cut its growth projection for sub-Saharan Africa this year after a tumultuous period in 2016. According to the bank, Sub-Saharan Africa is […]

Nigeria: Buhari slims his schedule for further treatment

March 28, 2017 Steven Addamah 0

Nigeria’s president Muhammadu Buhari has reduced his working hours since he returned from medical leave, Voice of America reported. According to the US media, the […]

Egypt: WB disburses $1 billion in financial assistance

March 21, 2017 Khalid Al Mouahidi 0

The World Bank has allocated $1 billion in financial assistance to Egypt as the North African seeks to revive its ailing economy hit by the […]

World Bank to release $57 billion for projects in Sub-Saharan Africa

March 20, 2017 Khalid Al Mouahidi 0

The World Bank this week pledged to commit a record $57 billion to finance projects in sub-Saharan Africa. According to the head of the Washington-based […]

Zambia: World Bank Forecasts 4 PC Economic Growth in 2017

February 20, 2017 Steven Addamah 0

Zambia’s economy will grow by 4 pc in 2017 and 4.2 pc in 2018, the World Bank said on Monday. Africa’s second copper producer “is […]

Less than 1% of Naira Notes are Fake – Nigeria’s Reserve Bank

February 15, 2017 Steven Addamah 0

The Central Bank of Nigeria (CBN) on Tuesday said less than one percent of the west-African nation’s local currency in circulation is fake. The reserve […]

DRC to Produce 1.5 Million Tons of Copper in 2018

February 8, 2017 Khalid Al Mouahidi 0

The Democratic Republic of Congo will mine about 1.5 million tons of copper in 2018, the industry-led Chamber’s vice-president said on Wednesday. Simon Tuma-Waku, who […]

Tanzania Seeks $305 million WB Loan to Expand Dar es Salaam port

January 26, 2017 Geraldine Boechat 0

Tanzania’s government is seeking a $305 million soft loan from the World Bank to expand its main port in Dar es Salaam in the next […]

Zimbabwe Misses 2016 Revenue Target

January 19, 2017 Steven Addamah 0

Zimbabwe’s tax agency ZIMRA on Thursday said it missed the 2016 revenue target by 4 percent as weak global commodity prices hit mineral royalties in […]