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World Bank

Cape Verde, Guinea-Conakry and Liberia join the World Bank’s health security program

October 4, 2024 Steven Addamah 0

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

October 2, 2024 Geraldine Boechat 0

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

July 12, 2024 Steven Addamah 0

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

June 17, 2024 Pawla Nibramich 0

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

April 24, 2024 Steven Addamah 0

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

April 22, 2024 Steven Addamah 0

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

April 4, 2024 Steven Addamah 0

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

March 14, 2024 Steven Addamah 0

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 […]

Namibia: swift and peaceful transition praised after president Geingob’s death

February 8, 2024 Geraldine Boechat 0

Namibia’s new interim president, Nangolo Mbumba, has said he has no plans to run in the presidential elections in November following the death of President […]

World Bank forecasts 4.8 per cent economic growth for Madagascar for 2024

January 13, 2024 Steven Addamah 0

Madagascar’s will witness a 4.8 per cent economic growth this year, the World Bank says in its economic outlook for the African country for 2024. […]

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  • Morocco Climbs to 15th Rank in Global Mining Rankings, Second in Africa behind Botswana
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