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Tag "World Bank"

IFC: AfCFTA is becoming a lot of talk — we need to fix regulations

    IFC: AfCFTA is becoming a lot of talk — we need to fix regulations

Makthar Diop, the managing director of the International Finance Corporation (IFC), says the Africa Free Trade Continental Agreement (AfCFTA) is becoming a lot of talk, and may not become a

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World Bank upgrades 2023 global growth forecast from 1.7% to 2%

    World Bank upgrades 2023 global growth forecast from 1.7% to 2%

The World Bank has made a slight increase to its global growth outlook for 2023. The international financial institution is now forecasting 2 percent growth for 2023 – up from

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World Bank/IMF meetings, March inflation… seven top business stories to track this week

    World Bank/IMF meetings, March inflation… seven top business stories to track this week

Here are the seven top business stories you need to track this week — April 10 to April 14. WORLD BANK/ IMF 2023  SPRING MEETINGS The World Bank Group (WBG)

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World Bank: Naira lost 10.2% of its value against dollar in 2022

    World Bank: Naira lost 10.2% of its value against dollar in 2022

The World Bank says the naira, Nigeria’s legal tender, lost 10.2 percent of its value against the United States dollar in 2022. In the latest edition of its Africa’s Pulse

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ICYMI: Developing countries need huge investment to overcome poverty, says World Bank

  ICYMI: Developing countries need huge investment to overcome poverty, says World Bank

The World Bank says developing countries need immense investment to overcome the increasing poverty rate caused by inadequate infrastructure and

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Ajay Banga, US national, named sole candidate for World Bank president role

  Ajay Banga, US national, named sole candidate for World Bank president role

The World Bank Group’s board of executive directors has announced Ajay Banga, a U.S. national, as the only nominee for

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Osinbajo: Chinese loans reduced Africa’s dependency on IMF, World Bank

  Osinbajo: Chinese loans reduced Africa’s dependency on IMF, World Bank

Vice-President Yemi Osinbajo says Chinese lending to Africa has reduced dependency on loans from Western institutions. Osinbajo spoke while delivering

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Nigeria’s digital economy threatened by rising cyberattacks, says Pantami

  Nigeria’s digital economy threatened by rising cyberattacks, says Pantami

Isa Pantami, minister of communications and digital economy, says the rapidly-growing sector is being threatened by cyberattacks. Pantami spoke at

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World Bank: 2.4bn women of working age do not have same rights as men

  World Bank: 2.4bn women of working age do not have same rights as men

The global pace of reforms toward equal treatment of women under the law has slumped to a 20-year low, says

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Transcorp Hotels appoints Udechukwu Osakwe as non-executive director

  Transcorp Hotels appoints Udechukwu Osakwe as non-executive director

Transcorp Hotels Plc has appointed Udechukwu Osakwe as a non-executive director. Osakwe’s appointment took effect on Friday, February 17, 2023

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