Tag:World Bank Group

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...

World Bank approves $1.5bn COVID-19 recovery, stimulus for Nigeria

The World Bank Group has approved a $1.5 billion package to help build a resilient recovery post-COVID-19 in Nigeria. This is according to a statement...

World Bank prepares $12bn for poor states to buy COVID-19 vaccines

The World Bank has announced a $12 billion allocation for an initiative to cover payments for coronavirus vaccines for low-income countries, The Guardian newspaper...

Coronavirus pandemic threatens gains of past decade – World Bank report

The COVID-19 pandemic threatens hard-won gains in health and education over the past decade, especially in the poorest countries, a new World Bank Group...

World Bank approves $500m for girls’ secondary education in seven states

The World Bank has approved a $500 million credit for the Adolescent Girls Initiative for Learning and Empowerment (AGILE) towards improving secondary education opportunities...

World Bank commits $500m to fight locusts, preserve food security, protect livelihoods

The World Bank Group approved on Thursday, May 21, 2020 a $500 million programme to help countries in Africa and the Middle East fight...

How to unlock private investment for climate action

In 2016, the historic Paris Climate Change Agreement accelerated already growing markets for climate-smart investment. And 2015 was another record-breaking year for renewable energy,...

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Nigeria targets 2050 for self-sufficiency in palm oil

The National Palm Produce Association of Nigeria (NPPAN) says the country will be self-sufficient and meet its global market...
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Use marble to produce electricity, engineer advises Oyo

An electrical engineer, Mr. Toyese Oyerinde, has advised the Oyo State Government to exploit the huge deposits of marble...

Expert urges shift to value-driven petroleum strategy

An energy economist, Prof. Wumi Iledare, has urged a strategic shift, warning Nigeria’s vast hydrocarbon reserves may yield little...

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Nigeria targets 2050 for self-sufficiency in palm oil

The National Palm Produce Association of Nigeria (NPPAN) says...

Use marble to produce electricity, engineer advises Oyo

An electrical engineer, Mr. Toyese Oyerinde, has advised the...