Financial Institutions WB upgrades Sri Lanka’s growth outlook to 2.2% in ’24 Nada Ali Apr 2, 2024 0 The World Bank (WB) upgraded its forecast for Sri Lanka's economy, predicting 2.2 per cent growth in 2024 as the…
Africa News Africa’s sovereign bond rally continues unabated Aya Anwar Mar 12, 2024 0 Africa's sovereign bond rally continues unabated, with prices reaching nearly two-year highs in countries like…
Egypt News World Bank pledges $3b support to Egypt – minister Nada Ali Mar 10, 2024 0 The World Bank (WB) has pledged $3 billion in support to Egypt following the country's successful negotiation of an…
Banks China to boost co-operation with WB Nada Ali Feb 21, 2024 0 China anticipates enhancing collaboration with the World Bank (WB) and contributing to worldwide poverty…
Money Gaza attacks to throw Lebanon into recession again – World Bank Sama Mousa Dec 21, 2023 0 The attacks in Gaza are expected to push Lebanon's economy into recession one more time, the World Bank said on…
Featured Israeli attacks could lead to oil price spike – World Bank Sama Mousa Oct 30, 2023 0 The Israeli attacks on Gaza could trigger price hikes for raw materials like oil and agriculture products, the…
Banks Morocco’s central bank buys €200mln bonds from World Bank Nada Ali Oct 12, 2023 0 Morocco’s central bank purchased sustainable development bonds worth €200 million issued by the International Bank…
Money IMF, World Bank hold 2023 annual meetings in Marrakesh, 1st gatherings in Africa in 50yrs Yomna Yasser Oct 9, 2023 0 The IMF and World Bank are holding their annual meetings in the Moroccan city of Marrakesh, the first gatherings…
Africa News World Bank to help fund 1,000 mini solar power grids in Nigeria Nada Ali Aug 7, 2023 0 The World Bank (WB) will support building 1,000 solar-based mini networks in Nigeria along with the country's…
Banks Ethiopia inks $400 mln financing deal with World Bank Nada Ali Jul 31, 2023 0 The World Bank (WB) has signed a financing agreement with Ethiopia of a total $400 million to boost human capital…