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World Bank

 

news by category: World Bank

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DISPATCHES

US nominee to run World Bank wins more backing after Africa tour

Former Mastercard chief executive Ajay Banga's commitment on climate and jobs wins favour despite lack of development track record

Picking two African states, Côte d'Ivoire and Kenya, as his first ports of call on 6-8 March, appears to have boosted Ajay Banga's support in his campaign for the presidency ...

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Governments pushed close to the edge

Africa's slowing growth heightens worries on food security, debt service costs, roaring inflation and climate finance

The global downturn will hit Africa's economies harder than any other region according to the latest forecast from the International Monetary Fund: average growth in Africa is set ...


Alarms sound on debt, inflation and food

International financial institutions warn that economic dislocation from Moscow's war on Ukraine could trigger social upheaval on the continent

Senior officials in the UN and other international agencies have been ratcheting up their analyses of the damage to Africa's economies following Russia's invasion of Ukraine. Ahunn...


Trade curbs and price spikes deepen food crisis

Big grain producers are imposing export controls and farmers face rocketing fertiliser costs

Without concerted international action about 400 million people, many in Africa, will face chronic food shortages due to disruptions after Moscow's invasion of Ukraine, according t...


Displaying 1-10 out of 63 results.