Kagame appoints female CEO for national carrier RwandAir
Rwanda’s President Paul Kagame has appointed Yvonne Manzi Makolo as Chief Executive Officer (CEO) of Rwanda’s national carrier, RwandAir. Makolo’s appointment was part of a […]
World Bank
São Tomé and Príncipe gets $10 million boost from the World Bank
The World Bank will provide about $10 million to finance social projects in São Tomé and Príncipe. The projects will help the West African archipelago […]
Preventing violent conflict could save up to $70 billion a year – World Bank
Preventing violent conflict in Africa could save lives and save an average of $70 billion a year, according to a study released Monday by the […]
Week-long national prayers kick-off in Burundi
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
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
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 […]