Most Recent News

NIGERIA: NIGER DELTA MINISTRY, WORLD BANK TO COLLABORATE ON COASTAL AREAS DEVELOPMENT

  Efforts to alleviate the sufferings of the people living in the coastal communities of the Niger Delta is in sight as the Ministry of Niger Delta Affairs and the.

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African Economic Growth to Slip to 1.6 Pct This Year: World Bank

Economic growth in sub-Saharan Africa is likely to slip to 1.6 percent this year, from 3 percent in 2015, due to continuing woes in the continent’s largest economies South Africa.

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Drug Resistance in People and Animals May Push Millions into Poverty: World Bank

By Alex Whiting If drug-resistant infections in people and animals are allowed to spread unchecked, some 28 million people will fall into poverty by 2050, and a century of progress.

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World Bank Group Commits US$5 Billion to Boost Electricity Generation in Six African Countries

 WASHINGTON, August 5, 2014 – The World Bank Group today committed $5 billion in new technical and financial support for energy projects in six African countries– Ethiopia, Ghana, Kenya, Liberia,.

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World Bank Approves $150m Grant For Education In Africa

Nineteen university-based African Centers of Excellence (ACE) across seven countries in West and Central Africa (Nigeria, Ghana, Senegal, Benin, Burkina Faso, Gambia, Togo and Cameroon) will receive a combined grant.

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World Bank postpones $90m Uganda loan over anti-gay law

The World Bank has postponed a $90m (£54m) loan to Uganda over its tough anti-gay law, which has drawn criticism from around the world. World Bank officials said they wanted.

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Dismantling Inter-Border Trade Barriers Could Earn Africa $20bn – World Bank

If African leaders can draft an accord aimed at taking down current cross-border trade hurdles in sub-Saharan Africa, the continent will earn an additional $20 billion in annual earnings, according.

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World Bank ranks Nigeria 122nd best place to start business

The World Bank has ranked Nigeria 147th among the best places for doing business. It also ranked the country as the 122nd for best countries to start a business. The.

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World Bank plans universal access to banking facilities by 2020

*As Nigeria secures $1.4bn support At a major forum convened by the World Bank Group at the just concluded IMF/World Bank Group Annual Meetings in Washington DC, bankers, financial leaders.

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World Bank To Assist Nigeria With GDP Rebasing

 Nigeria will be assisted by the World Bank, International Monetary Fund (IMF), Africa Development Bank, and other world development partners to produce a current and accurate GDP figure, the country’s.

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