World Bank & Pandora’s Box
Just like a life-size mirror is needed to fight obesity, a spectacular opening of Pandora’s Box is required to figure out why over 100 free…
World Bank and IMF Working Towards Africa’s Sustainable Growth
Recent maneuvers have shown the International Monetary Bank (IMF) and the World Bank are taking fully-fledged advantage of the new economic architecture and the current…
World Bank and IMF Working Towards Africa’s Sustainable Growth
Recent maneuvers have shown the International Monetary Bank (IMF) and the World Bank are taking fully-fledged advantage of the new economic architecture and the current…
Decoding Modern Colonialism: The Sovereign Debt Quagmire in the Global South
“An extractive international financial system, regressive intellectual property rules and enforced neoliberal policies have denied many poor countries the resources required for sustainable development” More…
Lula faces numerous challenges as Brazil assumes G20 presidency | Business and Economy News
As Brazil takes over the G20 presidency on December 1 from India, Luiz Inácio Lula da Silva will be challenged to fulfil his promise of…
International reserves remained resilient in a historically volatile year -World Bank report
The fourth edition of the World Bank Reserve Management Survey Report showed that central bank reserve management remained resilient during a historically volatile year. Central…
World Bank, Islamic Development Bank Partnering to Drive Impact
The World Bank unveiled a new partnership with the Islamic Development Bank today to drive impact and improve the lives of people in the Middle…
World Bank grants $1 billion loan to support South Africa’s energy sector
The World Bank has approved $1 billion loan to support South Africa’s energy sector which is currently experiencing the worse conditions including inadequate funds for…
World Bank cuts 2024 global growth forecast as rate hikes bite | Business and Economy News
Two-thirds of developing economies will see lower growth than in 2022, dealing a major setback to coronavirus pandemic recovery. The World Bank has raised its…
World Bank’s new chief asks staff to ‘double down’ on development | World Bank News
Ajay Banga told employees his vision was ‘to create a world free from poverty on a livable planet’. The World Bank’s new president Ajay Banga…
World Bank gives Mozambique $150m for Cyclone Freddy recovery | Humanitarian Crises News
Part grant, part loan, the money is drawn from the bank’s existing projects for Mozambique. The World Bank has moved $150m of the funds it…
World Bank elects US nominee Ajay Banga president | World Bank News
He replaces David Malpass, who was criticised for his stance on climate change and will step down nearly a year early. The World Bank’s 25-member…
Can the World Bank’s new president fix the institution? | World Bank
Video Duration 25 minutes 35 seconds 25:35 World leaders are pushing for ‘fundamental’ reform of the World Bank to better tackle climate change. For nearly…
Cost of rebuilding Ukraine due to Russian war $411bn: World Bank | Conflict News
World Bank said the figure of $411bn over the next 10 years should be considered a minimum as the war continues. A World Bank report…
Biden’s pick for World Bank president can’t fix its crisis | World Bank
The mission of the World Bank is supposed to be to eradicate extreme poverty and promote shared, sustainable prosperity. Yet to many of us, the bank has…
Russia considering challenge to US nominee to head World Bank | Business and Economy
Russia is consulting with its allies about challenging the United States’s nominee to head the World Bank, Moscow’s top representative at the bank has said,…
US nominates ex Mastercard CEO Ajay Banga to head World Bank | Business and Economy
United States President Joe Biden has nominated former Mastercard CEO Ajay Banga to become president of the World Bank, hailing his business experience in his…