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Multilateral Agencies
240 posts
World Banks cuts 2023 global growth to slow to 1.7%
. Says developing countries face sharp, long-lasting slowdown The World Bank yesterday cut global economic growth in 2023…
Third of world in recession this year, IMF head warns
A third of the global economy will be in recession this year, the head of the International Monetary…
IMF tasks SSA exporters to build buffers from oil windfall
Oil exporters in sub-Saharan Africa (SSA) have been urged to target buffers of around 5 to 10% of…
AI promises new era in manufacturing sector, says WEF
Artificial intelligence (AI) can enable a new era in the digital transformation journey for industry, offering new opportunities…
AfDB, World Bank launch electricity regulatory index reports
The African Development Bank (AfDB) and the World Bank have launched reports capturing the state of the power…
World Bank worries over debt-service payments poor countries
The World Bank has expressed concerns that the poorest countries eligible to borrow from its subsidiary, the International…
IMF urges better regulation of Africa’s growing crypto market
. Kenya, Nigeria, S’Africa highest users The International Monetary Fund (IMF) has called for better regulation of the…
Two African startups among winners of ClimaTech Run 2022 Competition
Two African startups — BleagLee, and LiquidGold, as well as Ryp Labs, Earthly, and Koltiva were announced winners…
Farmers, SMEs benefit from World Bank project in Enugu
Farmers, Small and Medium Enterprises (SMEs), and others have benefitted from the World Bank assisted Agro-Processing, Productivity Enhancement…
OPEC Fund, AfDB sign MoU to promote sustainable dev’t in Africa
The Organization of Petroleum Exporting Countries (OPEC) Fund for International Development, and the African Development Bank Group (AfDB),…