West African girls show the way in Senegal tech battle

2017-05-22 18:59

West African schoolgirls, some not yet teenagers, have taken a starring role at an engineering competition in Senegal, busting stereotypes with robotics expertise and innovative projects for their communities.

Nigeria seeks $5.2bn from World Bank for power industry

2017-05-09 08:59

Nigeria is seeking $5.2bn from the World Bank to expand electricity generation and help the economy recover from its first contraction in 25 years.

Subdued growth for sub-Sahara Africa in 2017 - IMF, World Bank

2017-04-21 18:47

Subdued GDP growth and a heavy debt burden weigh heavy on prospects for sub-Saharan countries to escape the growth trap.

Why did World Bank ignore all the Net1 info and invest R1.6bn?

2017-03-24 07:50

As the main SA investor in Net1, Allan Gray has been under the spotlight over the social grants payment controversy, while a bigger investor - the World Bank - has not, says Erin Torkelson.

Recession-hit Nigeria details economic recovery plan

2017-03-09 19:32

Nigeria's government this week launched a master plan to lift it out of recession, hoping to hit 7.0% growth by 2020, but economists believe the programme sets the bar too high.

How radical will Zuma really be?

2017-02-12 06:00

In his state of the nation address, President Jacob Zuma said government would embark on ‘radical socioeconomic transformation’ to bring fundamental change to patterns of ownership.

Lourenco: Ex-general poised to be Angola's next leader

2017-02-03 19:26

Since then, the 62-year-old Lourenco has convinced key regime players and analysts he is the right man to succeed President Jose Eduardo dos Santos, who has ruled the oil-rich southwest African nation for 37 years.

Mozambique says will miss $60m interest payment

2017-01-16 18:42

Mozambique has said it would miss a $60 million interest payment on a 2023 bond, as its economic crisis deepens over hidden debt, the fall in commodity prices and a cut-off in aid.

ISIS recruits better educated than average

2016-10-06 11:27

ISIS recruits are better educated than their average countryman, contrary to popular belief, according to a new World Bank study.

World Bank responds to Zim activist Dzamara's petition

2016-09-30 16:31

The World Bank country director for Zimbabwe, Guang Zhe Chen, has responded to a recent petition by Zimbabwean activist Patson Dzamara, calling on the financial institution not to resume support for the southern African country.


‘Leaders have lost interest in what’s good for SA’

2017-05-14 07:03

A former FirstRand CEO has halted some of his business ventures following the Cabinet reshuffle and the two credit rating downgrades.

Malikane's attendance at US trip raises flags - DA

2017-04-23 12:18

Professor Chris Malikane’s attendance at the IMF/World Bank Spring Meeting, alongside Finance Minister Malusi Gigaba may send the wrong message to investors, says the DA.

World Bank cuts sub-Saharan Africa's 2017 growth forecast

2017-04-19 18:56

The World Bank cut its growth projection for sub-Saharan Africa this year because of weak expansion in the region’s three biggest economies.

We need to change how we use water - World Bank

2017-03-22 16:29

The world needs to transform the way it manages its water, Professor Patrick Verkooijen of the World Bank has said.

Sub-Saharan Africa lags in sustainable energy policies: report

2017-02-15 17:02

A new World Bank report says, Sub-Saharan Africa, where more than a half billion people live without electricity, trails the world in government policies that promote sustainable energy.

Strong metal price growth seen, but SA poses risk to platinum

2017-02-05 19:33

The price of metals is projected to increase by 11% in 2017 due to tightening markets, especially those facing imminent resource constraints, a World Bank report says.

Use tax incentives to create more jobs – World Bank

2017-01-22 07:56

Investment in capital such as machinery and equipment has been progressively replacing jobs in agriculture, mining, manufacturing and construction, a World Bank report claims.

IMF, World Bank 'remote-control' developing nations - Agang

2016-11-02 10:02

The IMF and the World Bank are “Westernised” institutions with no regard for democracy, the ANC has said in a paliamentary debate over SA's relationship with the two lenders.

Better livestock policies in Africa offer a pathway out of poverty

2016-10-05 10:18

Using well-adapted African cattle to improve the gene pool is more sustainable than quick fix crossbreeding or cow donations, writes Thumbi Mwangi.

Sudan needs swift reforms to revive ailing economy - World Bank

2016-09-26 06:00

Sudan must undertake swift structural reforms to revive its ailing sanctions-hit economy, including devaluing the Sudanese pound against the dollar, the World Bank says.

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