Cairo seeks World Bank intervention in Ethiopia’s Nile dam saga
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 […]
World Bank
Morocco Receives $200 Mln WB Loan to Boost Agri-business Sector
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
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
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
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
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
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
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
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 […]
Ghana extends IMF credit Facility program to 2019
The Government of Ghana, on Wednesday, extended the credit facility program with the International Monetary Fund (IMF) by a year following a conclusion of an […]