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Tag: World Bank

Business

Ghana: World Bank-backed projects drive crippling debt and fossil fuel dependency

World Bank funding of about $2 billion in oil & gas projects has supported deeply harmful fossil and energy investments in Ghana Foreign-led, expensive ...
By Baobab AfricaApril 25, 20250
News

10-point plan for IMF and World Bank to end Africa’s debt crisis

Africa’s debt crisis risks spiralling out of control unless urgent action is taken by the International Monetary Fund and World Bank. This is ...
By Baobab AfricaApril 12, 20240
Article

Niger: Building resilience to shocks and developing human capital

A World Bank report says reforms in Niger supported under this operation entail measures to build the resilience of the economy and households ...
By Baobab AfricaDecember 17, 20220
Article

To reduce its vulnerability to crisis and rise to its potential, Nigeria has urgent choices to make

According to a new World Bank report, the Strategic Revenue Growth Initiative (SRGI) of the federal government is a welcome first step, reversing ...
By Baobab AfricaDecember 15, 20220
Article

Consumers in Africa face uncertainty economic future, says a new report

Consumers in Africa face uncertainty about their economic future, according to a recently released State of the African Consumer report by Kasi Insight. ...
By Baobab AfricaJune 17, 20220
Article

AfDB and World Bank explore deeper collaboration

Executive directors from the African Development Bank Group (AfDB) and the World Bank met in Abidjan on Thursday, March 3 to discuss a ...
By Baobab AfricaMarch 12, 20220
Article

COVID-19: Learning losses could cost generation of students close to $17 trillion in lifetime earnings

World Bank-UNESCO-UNICEF report lays out the magnitude of the education crisis. This generation of students now risks losing $17 trillion in lifetime earnings in ...
By Baobab AfricaDecember 7, 20210
News

African Development Bank is 4th on global transparency index

Publish What You Fund has ranked the African Development Bank fourth out of 47 global development institutions on its Aid Transparency Index. The Index ...
By Baobab AfricaJune 25, 20200
Article

African Economic Outlook 2020: Africa’s economy to grow despite external shocks

Africa’s economic growth remained stable in 2019 at 3.4 percent and is on course to pick up to 3.9 percent in 2020 and ...
By Baobab AfricaJanuary 31, 20200
News

Ghana leads Africa Public Sector award (APSA) as continent discusses corruption-free procurement process

Ghana is Africa’s most outstanding country in this year’s Africa Public Sector Awards (APSA) which recently held in at the Radisson Blu Hotel & ...
By Baobab AfricaApril 27, 20180
News

World Bank approves $486 million to improve Nigeria electricity transmission network and infrastructure

By Bob Koigi The World Bank has approved an International Development Association Credit and an IDA Scale Up Facility Credit in the total ...
By Baobab AfricaFebruary 22, 20180

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