Egypt leaps forward in sustainable finance ranking by SBFN
The Sustainable Banking and Finance Network (SBFN) upgraded Egypt's rating from "Developing" to "Advancing" in its…
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World Bank
Commodity prices to decline by 3% in ’24 – World Bank
The World Bank projects a 3 per cent decline in commodity prices for 2024 and an additional 4 per cent drop in…
Gold prices to see 8% rise in ’24 – World Bank
Gold prices are expected to hold steady near their recent record highs for the remainder of 2024, resulting in an…
World Bank pauses $150m funding for Tanzanian tourism project
The World Bank halted $150 million funding for a Tanzanian tourism project, responding to long-standing appeals…
Sri Lanka slashes inflation to 2.5% in March
Sri Lanka's consumer price inflation dropped significantly to 2.5 per cent in March.
World Bank’s IFC sees $1.9b investments in Ukraine projects
The International Finance Corporation (IFC), the World Bank's private investment arm, plans to fund $1.9 billion…
ECB governors voice concern over interest rate forecast publication
Governors of the European Central Bank (ECB) have expressed concerns over the idea of publishing their interest…
Nigerian measures against inflation impacts naira positively – CBN governor
Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, views the recent surge in the naira positively,…
World Bank updates Egypt’s FY24, FY25 growth forecasts
Egypt’s economic growth is expected at 2.8 per cent in the 2024 financial year - which runs from July 2023 to June…
Half of poorest countries falling behind despite advantages – World Bank
Half of the world's 75 most vulnerable countries are falling behind wealthy nations in income growth, a new World…
