Tag:World Bank Group

Africa’s growth remains low, transition to low carbon economies needed – World Bank

A new World Bank report says economic growth in Sub-Saharan Africa (SSA) is set to slow from 3.6 per cent in 2022 to 3.1...

AfricaTech Awards: IFC, Viva to reward cutting-edge climate tech entrepreneurs, others

The International Finance Corporation (IFC), a member of the World Bank Group, and Viva Technology on Monday, February 27, 2023, announced the second edition...

Food crisis: FAO, IMF, others call for continued global urgent action

The World Bank Group (WBG), Food and Agriculture Organisation of the United Nations (FAO), International Monetary Fund (IMF), World Trade Organisation (WTO) and World Food...

New trust fund to finance projects aimed at emission reduction – World Bank

The World Bank Group says it is proposing a new trust fund to help increase financial flow from the global community to projects aimed...

World Bank delivers $31.7bn aid in climate finance

World Bank Group says it has delivered a record $31.7 billion in fiscal year 2022 (FY22) to help countries address climate change. This is contained...

World Bank to increase assistance to Nigeria’s poor, vulnerable – Osinbajo

The World Bank Group (WBG) has expressed its readiness to help in increasing assistance to Nigeria’s poor and vulnerable. Vice President Yemi Osinbajo, in a...

World Bank harps on nature preservation for economic growth

The World Bank Group President, David Malpass, says preserving nature and maintaining its services are critical for economic growth. Malpass stated this on Friday, July...

World Bank to invest over $5bn in drylands in Africa

The World Bank plans to invest over $5 billion over the next five years to help restore degraded landscapes, improve agriculture productivity, and promote...

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Rising oil prices renew coal debate for African SMEs power

African economies are facing mounting pressure from volatile global oil prices linked to the ongoing Gulf conflict, with analysts...
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Navy dismantles illegal refinery in Rivers, recovers 20,000 litres of stolen crude

The Nigerian Navy has deactivated an illegal refining in Bonny Local Government Area of Rivers State and recovered more...

NCF seeks partnership with students to advance environmental conservation

The Director-General of the Nigerian Conservation Foundation (NCF), Dr Joseph Onoja, has called on Nigerian students to partner with...

Must read

Rising oil prices renew coal debate for African SMEs power

African economies are facing mounting pressure from volatile global...

Navy dismantles illegal refinery in Rivers, recovers 20,000 litres of stolen crude

The Nigerian Navy has deactivated an illegal refining in...