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World Bank, IMF To Undertake Joint Action Plan On Debt Reduction For IDA Countries

The World Bank and International Monetary Fund (IMF), have proposed to undertake a joint action plan on debt reduction for the most indebted...

Africa

World Bank Says 23 million Africans To Go Into Poverty Amidst COVID-19

BY AGENCY REPORTERS—As the coronavirus pandemic continues to ravage global economic, the World Bank has estimates 23 million people in Sub-Saharan Africa will...

Money

World Bank Provides $346m To Strengthen Resilience, Livelihoods In Lake Chad Region

The World Bank has approved two operations totaling 346 million dollars in International Development Association (IDA) financing to help strengthen resilience and livelihoods...

World

100 Countries Receive World Bank Support To Fight Coronavirus

The World Bank Group has announced its emergency operations to fight COVID-19 (coronavirus) have reached 100 developing countries – home to 70 percent...

Economy

IMF and World Bank Differ on Nigeria’s Growth Outlook

January 21, 2020 By CSL Research Yesterday, the International Monetary Fund (IMF) released its Global Economic Outlook where the fund announced it expects...

World

Developing economies expected to rise by 4.1% in 2020, says World Bank

The World Bank says due to growth in emerging market, developing economies are expected to accelerate to 4.1 per cent in 2020.The bank...

World

World Bank cuts Sub-Saharan Africa’s 2019, 2020 growth forecast

The World Bank on Wednesday cut its economic growth forecast for sub-Saharan Africa for 2019 to 2021 by 0.2 percentage points from its...

Africa

World Bank To Invest $15b In African Human Capital Projects

The World Bank has said it will invest 15 billion dollars into human capital projects in Africa by the year 2023. Hafez Ghanem,...

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