Climate resilience in Guinea-Bissau hinges on stability, governance and business climate

05 november 2024 - 07:32:25
Bissau, Guinea-Bissau (PANA) - Strengthened institutional and financial systems are crucial for fostering climate resilience and sustainable development in Guinea-Bissau, [...] Full text...

thread Economy

Gambia, IMF reach staff-level agreement on second review of ECF arrangement

05 november 2024 - 07:26:28
Banjul, Gambia (PANA) – International Monetary Fund (IMF} staff and the Gambian authorities have reached a staff-level agreement on economic [...] Full text...

thread Economy

Global UN forum opens in Cairo to rethink urban development

05 november 2024 - 05:36:30
Cairo, Egypt (PANA) - Thousands of delegates on Monday joined United Nations representatives gathered in Cairo to kick off the [...] Full text...

thread Environment

COP16: Landmark biodiversity agreements adopted

04 november 2024 - 04:40:38
Cali, Colombia (PANA) - The world’s largest biodiversity summit, known as COP16, concluded at the weekend in Colombia, with several [...] Full text...

thread Environment

Libya announces readiness to host 2026 Türkiye-African Summit

03 november 2024 - 13:39:51
Djibouti City, Djibouti (PANA) - The Head of Management of the Libyan Ministry of Foreign Affairs and International Cooperation, Al-Taher [...] Full text...

thread Politics

AfDB approves $54 million loan for Mozambique’s first wind energy project

03 november 2024 - 05:38:10
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...

thread Economy

US congratulates Botswana on 'historic' elections

02 november 2024 - 07:04:58
Washington, DC, US (PANA) - The United States has congratulated the Umbrella for Democratic Change (UDC) and president-elect Duma Boko [...] Full text...

thread Politics

Hunger and cholera crises escalate in South Sudan, as needs surge

02 november 2024 - 06:47:53
Juba, South Sudan (PANA) - South Sudan is facing a spiralling humanitarian crisis with hunger and cholera cases escalating in [...] Full text...

thread Society

Some 1.2 billion people at high risk from climate change worldwide - World Bank

01 november 2024 - 07:22:57
Washington, DC, US (PANA) - Some 1.2 billion people face life-changing risks through exposure to at least one critical climate [...] Full text...

thread Environment

Libyan youth call for active participation in ceasefire agreement implementation

01 november 2024 - 06:21:43
Tripoli, Libya (PANA) - Fourteen young men and women from across Libya joined UN Support Mission in Libya (UNSMIL) experts [...] Full text...

thread Politics

‘Catastrophic’ hunger persists in multiple countries, warn food agencies

31 october 2024 - 12:35:01
Geneva, Switzerland (PANA) - “Catastrophic levels of acute food insecurity” bordering on starvation are expected to impact hundreds of thousands of [...] Full text...

thread Society

IMF concludes reviews with Kenya

31 october 2024 - 08:19:16
Washington, DC,US (PANA) - The Executive Board of the International Monetary Fund (IMF) concluded today the seventh and the eighth [...] Full text...

thread Economy

General Assembly renews call for end to US embargo against Cuba

31 october 2024 - 04:40:24
New York, US (PANA) - The UN General Assembly on Wednesday once again urged the United States to end its [...] Full text...

thread Politics

Eliminating the productivity drag: IMF F&D article By Nan Li and Diaa Noureldin

30 october 2024 - 10:50:02
Washington, DC, United States (PANA) - The global economy has been struggling to regain its footing since the 2008–09 global [...] Full text...

thread Economy

South Africa: Ramaphosa salutes Shirley Ayorkor Botchwey on her Commonwealth appointment

30 october 2024 - 06:57:12
Cape Town, South Africa (PANA) – President Cyril Ramaphosa on Wednesday extended his personal congratulations and those of the South [...] Full text...

thread Politics

UN official urges more ambitious, credible climate action plans

29 october 2024 - 12:45:02
Geneva, Switzerland (PANA) - Proposed actions by countries to mitigate the worsening impacts of climate change “fall miles short of [...] Full text...

thread Environment

Oversupply could mute effects of wider Middle-East conflict on oil prices

29 october 2024 - 05:30:51
EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL TUESDAY, October 29, 2024, AT 11:00 AM UTC.Washington, DC, United States (PANA) [...] Full text...

thread Economy

From challenges to opportunities: Transforming human capital in CEMAC: World Bank Blog By Ioana Botea and Nathalie Lahire

28 october 2024 - 12:08:47
Yaoundé, Cameroon (PANA) - Human capital is a cornerstone for sustained and inclusive growth. In today’s world, a nation’s wealth [...] Full text...

thread Society

Girls’ rights, fragility, and the future: World Bank Blog By Doreen Kibuka-Musoke and Tim Agaba Baroraho

28 october 2024 - 07:19:09
Bujumbura, Burundi (PANA) - There is reason to have celebrated the International Day of the Girl this month. On average, [...] Full text...

thread Gender

Libyan local leaders, youth develop pilot community violence reduction programme for Ubari

28 october 2024 - 05:54:09
Tripoli, Libya (PANA) - Over three days in Tripoli, community leaders, civil society organisations and youth representatives from Ubari and [...] Full text...

thread Society

US Administration decides continuation of sanctions against Sudan

26 october 2024 - 16:52:58
Port Sudan, Sudan (PANA) - United States President Joe Biden has announced Continuation of the National Emergency with respect to [...] Full text...

thread Politics

The role of language in gender equality: How linguistic structures shape legal norms and reinforce gender biases: World Bank Blog By Pierrick Bruyas and Caroline Perrin

26 october 2024 - 10:44:56
Washington, DC, United States (PANA) - Globally, women’s rights have expanded significantly over the past decades. By 2023, 162 economies [...] Full text...

thread Culture

Togo advances reforms, pursues sound economic policies: IMF

25 october 2024 - 12:30:38
Lomé, Togo (PANA) – An International Monetary Fund (IMF) staff mission has commended Togolese authorities on the sustained progress in [...] Full text...

thread Economy

IMF Managing Director outlines global policy agenda

25 october 2024 - 11:09:16
Washington, DC, United States (PANA) - The global economy is in danger of getting stuck on a low-growth, high-debt path, [...] Full text...

thread Economy

African road carnage a silent pandemic, warns UN envoy

25 october 2024 - 09:59:31
Addis Ababa, Ethiopi (PANA) - While the world remains focused on headline-grabbing crises, a quieter but equally devastating catastrophe unfolds [...] Full text...

thread Society

AfDB urges practical solutions to tackle poverty in Africa

25 october 2024 - 09:28:05
Washington, DC., US, (PANA) -    Climate change, global financial shocks and growing food insecurity are threatening Africa, the world’s [...] Full text...

thread Economy

Spain announces early commitment of €400 million to IDA, nearly 40% increase in pledge

24 october 2024 - 17:55:28
Washington, DC, United States (PANA) - Spain has announced an early financial commitment of €400 million to the International Development [...] Full text...

thread Economy

World Bank Group advances gender strategy, unveils economic opportunity ambitions

24 october 2024 - 14:35:56
Washington DC, United States (PANA) - The World Bank Group on Thursday took the first steps toward implementing Gender Strategy [...] Full text...

thread Gender

Finding a pathway to employment for young women in Benin: World Bank Blog By Saint-Martin Kodjovi Mongan Agbeshie, Rachael Pierotti, Nicola Duell and Claudia Rivas

24 october 2024 - 13:02:45
Cotonou, Benin (PANA) - It’s early morning in Benin and Solange, a young mother, is dropping her child off at [...] Full text...

thread Gender

How to advance women’s roles in peace and security

24 october 2024 - 11:26:08
Geneva, Switzerland (PANA) - Ongoing conflicts in Gaza, Haiti, Sudan and Ukraine and beyond reveal that females are disproportionately affected [...] Full text...

thread Gender

Beninese youth, of which 51% are women. This represents a major improvement compared to a 40% female participation in previous employment programmes

24 october 2024 - 10:34:44
Cotonou, Benin (PANA) - To empower women, Benin worked with the Partnership for Economic Inclusion (PEI)—a global platform hosted by [...] Full text...

thread Gender

Joint IMF-Regional Financing Arrangements hold dialogue on effective collaboration

24 october 2024 - 06:37:41
Washington, DC, United States (PANA) - The 9th High-level Regional Financing Arrangements (RFAs) Dialogue was held on Wednesday  in Washington [...] Full text...

thread Economy

Global financial fragilities mount despite rate cuts and buoyant markets: IMF Blog By Tobias Adrian, Sheheryar Malik, and Jason Wu

23 october 2024 - 10:10:27
Washington, DC, United States (PANA) - When it comes to financial stability, the world is facing a split screen of [...] Full text...

thread Economy

Rwanda’s economic growth among strongest in Sub-Saharan Africa: IMF

23 october 2024 - 08:51:42
Kigali, Rwanda (PANA) – International Monetary Fund (IMF) staff and the Rwandan authorities have reached staff-level agreement on policies needed [...] Full text...

thread Economy

UN mission in Libya welcomes appointment of Central Bank board of directors

23 october 2024 - 06:34:49
Tripoli, Libya (PANA) - The United Nations Support Mission in Libya (UNSMIL) has welcomed the appointment of the Central Bank [...] Full text...

thread Economy

Gaza: War has set Palestine’s development back nearly 70 years

22 october 2024 - 16:03:45
New York, US (PANA) - The impact of the year-long war in Gaza and escalations in the West Bank has [...] Full text...

thread Politics

The promise and peril of runaway technological advances

22 october 2024 - 05:20:03
New York, US (PANA) - The UN Security Council on Monday explored the dual-edged nature of rapid technological advancements – [...] Full text...

thread Sciences

US, Angola sign Open Skies agreement

22 october 2024 - 04:44:20
Luanda, Angola (PANA) - The US and Angola have signed an Open Skies Air Transport Agreement in Luanda to advance [...] Full text...

thread Economy

US, Zambia sign agreement to catalyse growth in agricultural sector

21 october 2024 - 06:01:30
Washington, DC, US (PANA) - The United States has welcomed the signing of $491 million project with the Government of [...] Full text...

thread Agriculture

How high economic uncertainty may threaten global financial stability: IMF Blog By Mario Catalán, Andrea Deghi and Mahvash S. Qureshi

20 october 2024 - 14:53:14
Washington, DC, United States (PANA) - Uncertainty is not as easily measured as traditional indicators like growth or inflation, but [...] Full text...

thread Economy

AfDB approves $100 million to support youth and women-led MSMEs in Nigeria

20 october 2024 - 06:27:25
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) has approved a $100 million loan to increase access to [...] Full text...

thread Economy

IMF staff urge strong governance, speedy reforms for inclusive growth in Madagascar

19 october 2024 - 09:42:53
Antananarivo, Madagascar (PANA) - Strengthening governance and accelerating reforms to bolster resilience to climate shocks and attract climate finance for [...] Full text...

thread Economy

IMF completes first review of Ethiopia’s ECF arrangement, allows $340.7 million disbursement

19 october 2024 - 08:43:02
Addis Ababa, Ethiopia (PANA) – The International Monetary Fund (IMF) Board on Friday completed the first review under the Extended [...] Full text...

thread Economy

West Bank Palestinians facing deadly ‘war-like tactics’, warns OCHA

19 october 2024 - 06:00:42
Geneva, Switzerland (PANA) - Palestinians continue to face “war-like tactics” used against them by Israeli forces and settlers in the [...] Full text...

thread Society

IMF, reach staff level deal on review of ECF and RSF before approval of more financial support

18 october 2024 - 07:53:28
Dar es Salaam, Tanzania (PANA) - Tanzanian authorities and the International Monetary Fund (IMF) have reached staff-level agreement on the [...] Full text...

thread Economy

Kenyan Parliament votes to oust Deputy President

18 october 2024 - 00:32:38
Nairobi, Kenya (PANA) - The Kenyan Parliament has voted to oust Deputy President Rigathi Gachagua, cutting short his five-year term [...] Full text...

thread Politics

Support for economic reforms hinges on communication, engagement, and trust: IMF Blog By Silvia Albrizio, Bertrand Gruss, and Yu Shi

17 october 2024 - 14:25:35
Washington DC, United States (PANA) - The global economy is stuck in a low-growth gear, largely because of aging populations, [...] Full text...

thread Economy

Zambia’s drought impact stuns IMF staff team

17 october 2024 - 12:08:39
Lusaka, Zambia (PANA) – Drought has caused a greater than anticipated economic impact in Zambia due to the intense electricity [...] Full text...

thread Economy

Staying the course on reforms: Nigeria progresses amidst challenges

17 october 2024 - 10:11:01
Abuja, Nigeria (PANA) - Since May 2023, Nigeria has implemented significant reforms to stabilise its economy, resulting in modest growth, [...] Full text...

thread Economy

Modest growth forecast for economies in MENA amid rising uncertainty

17 october 2024 - 06:58:59
Washington, DC, United States (PANA) - Growth continues to be subdued in the Middle East and North Africa (MENA) because [...] Full text...

thread Economy

Global public debt Is probably worse than it looks: IMF Blog By Era Dabla-Norris, Davide Furceri, Raphael Lam, and Jeta Menkulasi

16 october 2024 - 11:04:22
Washington, DC, United States (PANA) - Global public debt is very high. It is expected to exceed $100 trillion, or [...] Full text...

thread Economy

IMF staff completes 2024 Article IV Consultation Mission to Chad

16 october 2024 - 10:56:27
N’Djamena, Chad (PANA) - Chad’s economic growth, after increasing to 4.9 percent in 2023, is expected to moderate this year, [...] Full text...

thread Economy

Regaining modern values can reverse the slowdown in innovation and its rewards: IMF Blog By Edmund Phelps

16 october 2024 - 07:32:49
Washington DC, United States (PANA) - Why do some nations experience mass economic flourishing while others do not? Why did [...] Full text...

thread Economy

Examining assumptions in education policy: A decade of World Bank research By Luis Benveniste, Tracy Wilichowski, Quentin Daviot and Gabrielle Arenge

16 october 2024 - 07:31:10
Washington, DC. United States (PANA - A compendium of impact evaluations provides policymakers and practitioners with actionable information to enhance [...] Full text...

thread Society

Two billion women without access to social protection

15 october 2024 - 16:16:55
New York, US (PANA) - A UN Women report reveals that policies ranging from cash benefits to healthcare and pensions [...] Full text...

thread Gender

Ending poverty for half the world could take more than a century: WB Report

15 october 2024 - 13:06:58
EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL TUESDAY, OCT. 15, 2024 AT 9:30 AM EDT WHICH IS 1:30 PM [...] Full text...

thread Society

Nearly two million severely malnourished children at risk of death due to funding shortages for therapeutic food

15 october 2024 - 11:56:33
New York, US (PANA) - Nearly two million children suffering from severe wasting, also known as severe acute malnutrition, are [...] Full text...

thread Society

UK, Libyan officials discuss political, economic, security issues in Libya

15 october 2024 - 11:11:23
Tripoli, Libya (PANA) - The President of the Libyan Presidential Council, Mohamed al-Manfi, on Monday discussed political, economic, and security [...] Full text...

thread Politics

The Chief Economists of Government Network supporting the role of Africa’s chief economic advisors: World Bank Blog By Trudi Makhaya

15 october 2024 - 06:58:53
Lusaka, Zambia (PANA) - Today’s political chief executive is expected to play a significant role in driving economic policy. Heads [...] Full text...

thread Society

UN climate change conference: EU calls for efforts to keep the 1.5°C goal within reach

15 october 2024 - 06:31:43
Brussels, Belgium (PANA) – The European Council on Monday approved conclusions that will serve as the EU’s general negotiating position [...] Full text...

thread Environment

‘Africa must continue to rise,’ says General Assembly President

15 october 2024 - 04:49:41
New York, US (PANA) - To meet the 2030 Agenda for Sustainable Development, the UN General Assembly President on Monday [...] Full text...

thread Politics

World Bank economic update proposes policy options to promote Gabon’s forest conservation

14 october 2024 - 15:03:26
Libreville, Gabon (PANA) - Gabon experienced lower growth in 2023 (2.4%) amid transport disruptions that impacted wood and manganese production, [...] Full text...

thread Economy

Urgent education reform key to unlocking faster, more inclusive growth in Africa: WB report

14 october 2024 - 14:42:34
Washington, DC, United States (PANA) - Despite signs of a fragile economic recovery, Sub-Saharan Africa, remains stuck in “low gear” [...] Full text...

thread Society

EU renews sanctions on chemical weapons for another year

14 october 2024 - 14:41:13
Brussels, Belgium (PANA) - The European Council on Monday prolonged the application of the EU restrictive measures (sanctions) against the [...] Full text...

thread Society

South Africa moves to accommodate foreign workers

14 october 2024 - 10:50:15
Cape Town, South Africa (PANA) – The South African Minister of Home Affairs, Dr Leon Schreiber, has gazetted reforms to [...] Full text...

thread Economy

Poorest economies face toughest conditions in two decades

14 october 2024 - 07:49:01
Washington, DC, United States (PANA) - The world’s 26 poorest economies—home to about 40 percent of all people who live [...] Full text...

thread Economy

Benin to contribute $2 million to the African Development Fund

13 october 2024 - 05:22:58
Cotonou, Benin (PANA) - Benin has pledged $2 million to the next replenishment of the African Development Fund (ADF), the [...] Full text...

thread Economy

AfDB, AFD cement partnership to support youth entrepreneurship in Africa

13 october 2024 - 05:11:55
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank Group and Agence Française de Développement (AFD) have announced they would [...] Full text...

thread Economy

When foreign exchange intervention can best help countries navigate shocks: IMF Blog By Suman Basu, Sonali Das, Olamide Harrison, and Erlend Nier

12 october 2024 - 14:23:40
Washington DC, United States (PANA) – With major central banks now cutting policy rates, the global interest rate cycle is [...] Full text...

thread Economy

King Mohammed VI optimistic about latest developments on the Sahara issue

12 october 2024 - 12:20:44
Rabat, Morocco (PANA) - King Mohammed VI of Morocco spoke on Friday about the latest developments in the Western Sahara [...] Full text...

thread Politics

IMF staff, Gambia review country’s programme under ECF arrangement

12 october 2024 - 12:02:05
Banjul, Gambia (PANA) – The International Monetary Fund (IMF) staff and the Gambian authorities have conducted productive discussions on economic [...] Full text...

thread Economy

The world must step up for girls, UN chief says

12 october 2024 - 08:23:50
New York, US (PANA) - As the world marked the International Day of the Girl Child on Friday, a town [...] Full text...

thread Gender

IMF expects Côte d’Ivoire to boost recovery of regional official reserves

11 october 2024 - 11:38:27
Abidjan, Cote d’Ivoire (PANA) – International Monetary Fund (IMF) staff and the Cote d’Ivoire authorities have reached a staff-level agreement [...] Full text...

thread Economy

We must place our hope in multilateralism: IMF article By Gordon Brown, former Prime Minister of the United Kingdom

11 october 2024 - 11:13:20
London, United Kingdom (PANA) – Only by working together can countries fend off fragmentation and deepening crises “Those who look only [...] Full text...

thread Economy

Sierra Leone needs fiscal consolidation measures to ensure sustainable economic environment: WB report

11 october 2024 - 06:22:46
Freetown, Sierra Leone (PANA) - Sierra Leone's economy grew by 5.7% in 2023, exceeding expectations, driven by strong performance in [...] Full text...

thread Economy

Invest more in vaccines to reduce deaths from drug-resistant superbugs: WHO

11 october 2024 - 06:17:27
Geneva, Switzerland (PANA) - More investment in vaccines could prevent deaths due to antimicrobial resistance (AMR) and reduce antibiotic use [...] Full text...

thread Health

President of Mauritania expected in Tripoli on Thursday for AU mediation in Libyan crisis

10 october 2024 - 12:46:35
Tripoli, Libya (PANA) - A high-level delegation from the African Union (AU), led by the Mauritanian president, Mohamed Ould Cheikh [...] Full text...

thread Politics

'Work towards establishing unified budget': Security Council tells Libyan institutions

10 october 2024 - 11:36:24
New York, US (PANA) - The UN Security Council on Wednesday called on relevant Libyan institutions to take the necessary [...] Full text...

thread Politics

Over 370 million girls, women globally subjected to rape or sexual assault as children – UNICEF

10 october 2024 - 10:56:46
New York, US (PANA) - More than 370 million girls and women alive today – or 1 in 8 – [...] Full text...

thread Society

UN Security Council welcomes agreement to end Libya Central Bank crisis

10 october 2024 - 06:28:54
New York, US (PANA) - The UN Security Council has welcomed the agreement reached between Libyan actors on the Central [...] Full text...

thread Politics

Five trailblazing women win top UNHCR award for life-changing work

10 october 2024 - 06:15:44
Geneva, Switzerland (PANA) - Five trailblazing women – a nun, an activist, a social entrepreneur, a volunteer aid worker, and [...] Full text...

thread Society

World Bank Group unveils strategy to drive inclusive growth, resilience in Zimbabwe

09 october 2024 - 07:04:12
Harare, Zimbabwe (PANA) -The World Bank Group’s Board of Executive Directors has approved the new Country Engagement Note (CEN) for [...] Full text...

thread Economy

Equatorial Guinea Economic Update: Designing fiscal instruments for sustainable forestry

08 october 2024 - 10:14:38
Malabo, Equatorial Guinea (PANA) -  The World Bank has issued the 2024 Equatorial Guinea Economic Update which analyses the country’s [...] Full text...

thread Economy

EC sets new sanctions framework against perpetrators of Russia’s actions on EU and member states

08 october 2024 - 10:10:34
Brussels, Belgium (PANA) – The European Council on Tuesday established a new framework for restrictive measures in response to Russia’s [...] Full text...

thread Politics

EU prolongs sanctions against ISIL/Da’esh and Al-Qaeda for one year

08 october 2024 - 09:29:40
Brussels, Belgium (PANA) – The European Council on Tuesday renewed the autonomous restrictive measures against ISIL/Da'esh and Al-Qaeda and persons, [...] Full text...

thread Politics

Sudan: EU sanctions regime prolonged for a further year

08 october 2024 - 09:15:51
Brussels, Belgium (PANA) – The European Council on Tuesday decided to prolong the restrictive measures targeting those responsible for undermining [...] Full text...

thread Politics

Why women risk losing out in shift to green jobs: IMF Blog By tefania Fabrizio, Florence Jaumotte, and Marina M. Tavares

08 october 2024 - 07:01:27
Washington, DC, United States (PANA) - Men hold about 70 percent of the world’s polluting jobs, so one might think [...] Full text...

thread Economy

ECOWAS Bank to invest EUR 61 million, $100 million to boost infrastructure, trade

08 october 2024 - 05:00:17
Lomé, Togo (PANA) - The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved investments [...] Full text...

thread Economy

Algeria to establish free trade zones with neighbouring countries

07 october 2024 - 15:31:20
Tunis, Tunisia (PANA) - Algerian President Abdelmadjid Tebboune announced on Sunday that his country plans to create free trade zones [...] Full text...

thread Economy

In plain view: Solutions to turbocharge the agrifood system transition: World Bank Blog By Sergiy Zorya, Joshua Gill, Alexandra Horst and Francis Addeah Darko

07 october 2024 - 07:17:30
Dar es Salaam, Tanzania (PANA) - Momentum is growing for real food systems change at a scale never seen before. [...] Full text...

thread Agriculture

Community court strengthens expertise in dispute settlement mechanisms under AfCFTA and ECOWAS

06 october 2024 - 05:49:30
Abuja, Nigeria (PANA) - Judges, legal officers and registry staff of the ECOWAS Court of Justice have participated in a [...] Full text...

thread Society

IMF reaches Staff-Level Agreement with Ghana on Third Review of the Extended Credit Facility

04 october 2024 - 13:00:46
Accra, Ghana (PANA) - IMF staff and the Ghanaian authorities have reached staff-level agreement on economic policies and reforms to [...] Full text...

thread Economy

US, Gabon commit to enhance cooperation

04 october 2024 - 07:11:09
Washington, DC, US (PANA) - The United States of America and Gabon have expressed their commitment to enhance cooperation as they [...] Full text...

thread Politics

World Bank Country Gender Action Plan to help address gender inequalities in Sierra Leone

04 october 2024 - 07:10:44
Freetown, Sierra Leone (PANA) - The World Bank on Thursday launched the Sierra Leone Country Gender Action Plan (C-GAP), a [...] Full text...

thread Gender

US, Ghana hold security dialogue

04 october 2024 - 06:01:24
Washington, DC, US (PANA) - The United States and Ghana on Thursday held a joint security dialogue in Washington, DC, [...] Full text...

thread Politics

Quint on Somalia affirms support for country's sovereignty, territorial integrity

04 october 2024 - 05:54:11
Washington, DC, US (PANA) -  Representatives of the Quint on Somalia have affirmed their support for the Federal Republic of [...] Full text...

thread Politics

Implementation gaps hinder business climate in 50 economies: WBG report

03 october 2024 - 15:32:24
Washington, DC, United States (PANA) - Economies do better at enacting regulations to improve the national business climate than they [...] Full text...

thread Economy

Building roads to build peace: Our experience in the Central African Republic: World Bank Blog By Papa Modou Ndiaye, Francis Ovanda Mbele and Abdoulaye Sylla

03 october 2024 - 08:14:12
Bangui, Central African Republic (PANA) - The Emergency Infrastructure and Connectivity Recovery Project (EICRP) is transforming the northeastern regions of [...] Full text...

thread Economy

Strengthening coastal resilience in Senegal: Vital issue for the people of Saint-Louis: World Bank Blog By Sokhna Ba and Seydina Alioune Djigo

03 october 2024 - 07:50:28
Saint-Louis, Senegal (PANA) - Khady Beye Sene cannot hide her satisfaction: after losing her home to coastal erosion in 2018, [...] Full text...

thread Environment

Nearly 70 million across East Africa need humanitarian aid - UN

03 october 2024 - 05:31:52
New York, US (PANA) - New estimates from humanitarians in East Africa indicate that nearly 67 million people in the [...] Full text...

thread Society

South Sudan faces macroeconomic challenges resulting from endless war in neighbouring Sudan: IMF team

02 october 2024 - 18:12:48
Juba, South Sudan (PANA) – South Sudan continues to face several difficult macroeconomic challenges, partly resulting from the spillovers of [...] Full text...

thread Economy

Working from home is powering productivity: IMF article by Nicholas Bloom

02 october 2024 - 05:39:32
Washington, DC, United States (PANA) - Economics is famous for being the dismal science. Sadly, recent work highlighting the slowdown [...] Full text...

thread Society

IMF, Seychellois authorities reach Staff-Level Agreement on Third Reviews

01 october 2024 - 14:24:08
Washington, DC, US (PANA) - An International Monetary Fund (IMF) mission, led by Mr. Todd Schneider, conducted discussions with the [...] Full text...

thread Economy

Libyan Parliament endorses agreement resolving central bank crisis

01 october 2024 - 12:37:59
Tripoli, Libya (PANA) - The Libyan House of Representatives have unanimously voted, during a plenary session, the agreement ending the [...] Full text...

thread Economy

Subdued outlook constrains Eswatini’s ability to respond to social needs: IMF

01 october 2024 - 07:53:37
Mbabane, Eswatini (PANA) – On the back of a post-pandemic rebound and favourable export prices, real GDP growth in Eswatini [...] Full text...

thread Economy

US congratulates Nigeria on 64th independence anniversary

01 october 2024 - 06:37:21
Washington, DC, US (PANA) - The US has congratulated the people of Nigeria on the 64th independence anniversary which falls [...] Full text...

thread Politics

UN agencies urge Security Council to stop ‘mass graves for migrants’

01 october 2024 - 06:15:08
New York, US (PANA) - Action is needed now to stop the Sahara Desert and Mediterranean Sea from “becoming mass [...] Full text...

thread Society

Niger anticipates economic recovery on from oil revenues

01 october 2024 - 05:55:54
Niamey, Niger (PANA) - Niger's economy is set to rebound after a year marked by an unprecedented political crisis. However, [...] Full text...

thread Economy

Djibouti's economy shows strong growth in 2023 despite fiscal challenges

30 september 2024 - 10:19:49
Djibouti, Djibouti (PANA) - Djibouti’s economy achieved an impressive rebound in 2023, outperforming forecasts with GDP growth estimated at 6.7 [...] Full text...

thread Economy

US congratulates Botswana on 58th independence anniversary

30 september 2024 - 06:01:04
Washington, DC, US (PANA) - The United States has congratulated Botswana on its 58th independence anniversary which falls on Monday.US [...] Full text...

thread Politics

Sierra Leone to transform energy sector under $480 million US Compact

29 september 2024 - 04:43:01
Washington, DC, US (PANA) - The United States and  Sierra Leone have signed a landmark $480 million Millennium Challenge Corporation [...] Full text...

thread Economy

$1.5 billion commitment for education and skills training in lower-middle-income countries

27 september 2024 - 05:59:41
New York, US (PANA) - A new $1.5 billion investment, announced on Thursday, will boost education and skills development for [...] Full text...

thread Society

Libyan legislative chambers sign agreement on Central Bank crisis

26 september 2024 - 10:42:21
Tripoli, Libya (PANA) - The United Nations Support Mission in Libya (UNSMIL) has announced that an official signing ceremony of [...] Full text...

thread Politics

IMF approves 40-month US$210 million ECF for Liberia

26 september 2024 - 10:06:01
Monrovia, Liberia (PANA) - The Board of the International Monetary Fund (IMF) has approved US$210 million as an Extended Credit [...] Full text...

thread Economy

South Africa represented at G7 Agriculture Forum for Africa

26 september 2024 - 08:43:18
Cape Town, South Africa (PANA) – South Africa's Minister of Agriculture, John Steenhuisen, is attending the G7 Agriculture Forum for [...] Full text...

thread Politics

Cash transfers transforming lives in Burundi: World Bank Blog By Iftikhar Malik, Mona Niebuhr and Jacqueline Manisabwe

26 september 2024 - 08:40:08
Bujumbura, Burundi (PANA) - The Cash4Jobs Project, known as Merankabandi ("be like others" in the local language), is more than [...] Full text...

thread Society

World Economic Forum: Chief economists point to stabilising outlook but warn on debt and political polarisation

25 september 2024 - 12:01:52
Geneva, Switzerland (PANA) - Easing inflation and strong global commerce are fuelling cautious optimism for recovery but elevated debt levels [...] Full text...

thread Economy

Morocco: Strengthening climate resilience to safeguard and grow coastal tourism jobs: World Bank Blog By Kanako Hasegawa and Ulrike Lehr

25 september 2024 - 08:28:46
Casablanca, Morocco (PANA) - The blue economy holds significant potential to create jobs. Across Africa, the blue economy already generates [...] Full text...

thread Environment

Somalia navigates progress amidst persistent challenges

25 september 2024 - 07:58:45
Mogadishu, Somalia (PANA) - Somalia has made significant macroeconomic strides in recent years, but these gains have yet to translate [...] Full text...

thread Society

World Bank report emphasises urgent need for Zambia to boost revenue mobilisation

24 september 2024 - 07:55:34
Lusaka, Zambia (PANA) - A new Public Finance Review (PFR) report has stressed the urgent need for Zambia to boost [...] Full text...

thread Economy

Denmark announces 40% increase in pledge to World Bank’s IDA

24 september 2024 - 07:37:38
New York, United States (PANA) - Denmark on Monday announced its early, significantly increased financial commitment to the World Bank’s [...] Full text...

thread Economy

Some 1.3 billion teens suffering mental disorders: WHO

24 september 2024 - 05:33:45
New York, US (PANA) - At least one in seven youngsters has a mental disorder. That’s the warning from the [...] Full text...

thread Health

Sierra Leone, IMF reach staff-level deal on new ECF arrangement

21 september 2024 - 09:27:33
Freetown, Sierra Leone (PANA) - The International Monetary Fund (IMF) staff and the Sierra Leonean authorities have reached a staff-level [...] Full text...

thread Economy

World Bank approves US$90 million additional financing for Djibouti regional economic corridor

21 september 2024 - 08:32:33
Djibouti, Djibouti (PANA) - The World Bank’s Board of Directors has approved US$90 million in additional financing for the Horn if [...] Full text...

thread Economy

Guinea Economic Update: Natural resource management for development

20 september 2024 - 07:35:17
Conakry, Guinea (PANA) – Agriculture is pivotal for Guinea's structural transformation and climate resilience, serving as a cornerstone for inclusive [...] Full text...

thread Economy

Economic diversification: Crafting a multi-sectoral strategy for economic stabilisation for Malawi: World Bank Blog By Tatenda Chiuye

19 september 2024 - 09:13:55
Lilongwe, Malawi (PANA) - Have you ever owned a favourite pen that you found indispensable? I certainly had, every day [...] Full text...

thread Society

‘Create a future fit for our grandchildren’, Guterres urges, ahead of game changer Summit

19 september 2024 - 06:09:41
New York, US (PANA) - Countries must use a once-in-a-generation UN summit to address current and emerging global challenges and [...] Full text...

thread Politics

UN General Assembly demands Israel end ‘unlawful presence’ in Occupied Palestinian Territory

18 september 2024 - 20:09:37
New York, US (PANA) - The United Nations General Assembly on Wednesday voted overwhelmingly to adopt a resolution that demands [...] Full text...

thread Politics

IMF staff pledge support to Kenyan authorities in managing challenges

18 september 2024 - 08:55:57
Nairobi, Kenya (PANA) - The authorities in Kenya have expressed commitment to advancing economic and governance reforms which are crucial [...] Full text...

thread Society

Rwanda’s economy registers strong growth in early 2024 despite persistent challenges

18 september 2024 - 08:21:54
Kigali,  Rwanda (PANA) - Rwanda's real GDP grew by 9.7% in the first quarter of 2024, exceeding the previous year's [...] Full text...

thread Economy

UN agencies assist families affected by floods in Nigeria

18 september 2024 - 04:30:59
Abuja, Nigeria (PANA) - UN agencies and their humanitarian partners are providing life-saving relief to families in Nigeria who lost [...] Full text...

thread Society

Political parties of all stripes are pushing for higher government spending: IMF Blog By Era Dabla-Norris, Enrico Di Gregorio, and Yongquan Cao

17 september 2024 - 10:49:24
Washington, DC, United States (PANA) - Conservative politics has traditionally been defined by its emphasis on fiscal prudence and the [...] Full text...

thread Politics

Gender equality: Distant, yet achievable

17 september 2024 - 06:38:00
New York, US (PANA) -  While progress has been made worldwide on gender equality and women’s and girls’ empowerment, critical [...] Full text...

thread Gender

Lufthansa launches new flight to South Africa

16 september 2024 - 11:08:31
Cape Town, South Africa (PANA) –  Lufthansa has launched flights between Johannesburg and Munich after a 19-year hiatus.Lufthansa’s CEO, Jens Ritter, [...] Full text...

thread Economy

Unchecked AI threatens democracy, warns UN chief

15 september 2024 - 20:15:06
New York, US (PANA) - Left unchecked, artificial intelligence (AI) could destabilise democratic systems by spreading disinformation, fuelling hate speech [...] Full text...

thread Politics

Iran: Repression of women ‘intensifying’, two years on from mass protests

14 september 2024 - 14:30:30
New York, US (PANA) - The Iranian Government has intensified its efforts to suppress the fundamental rights of women and [...] Full text...

thread Society

Trade balances in China and the US are largely driven by domestic macro forces: IMF Blog By Pierre-Olivier Gourinchas, Ceyla Pazarbasioglu, Krishna Srinivasan, and Rodrigo Valdés

13 september 2024 - 12:55:31
Washington, DC, United States - China’s widening trade surplus and the growing US trade deficit since the pandemic have renewed [...] Full text...

thread Economy

Investing in healthy longevity could save 150 million lives: WB report

13 september 2024 - 09:24:35
Washington, DC, United States (PANA) - By 2050, one in three people will be over 60 years old. With bold [...] Full text...

thread Health

Senegalese President dissolves parliament, sets 17 November for election

13 september 2024 - 07:50:27
Dakar, Senegal (PANA) - Senegalese President Bassirou Diomaye Faye has dissolved Parliament and set 17 November 2024 for a fresh [...] Full text...

thread Politics

Over 22,500 have suffered ‘life-changing injuries’ in Gaza: WHO

13 september 2024 - 05:59:28
Cairo, Egypt (PANA) - More than 22,500 people – a quarter of those wounded in Gaza since Israel’s offensive began [...] Full text...

thread Health

Half the world lacks social protection amid climate crisis, ILO warns

13 september 2024 - 05:49:35
Geneva, Switzerland (PANA) - Social protection is essential to safeguard people from shocks, but half the world is without any [...] Full text...

thread Economy

Benin prepares 2025 budget in compliance with WAEMU fiscal norm

12 september 2024 - 12:42:03
Cotonou, Benin (PANA) - Benin’s authorities have started crafting the 2025 budget, targeting compliance with the West African Monetary Union [...] Full text...

thread Economy

How to Awaken Europe's Private Sector and Boost Economic Growth: IMF Blog By Diego Cerdeiro, Gee Hee Hong, and Alfred Kammer

12 september 2024 - 10:09:07
Washington, DC, United States (PANA) - In the European Union, income per person, one of the main gauges of living [...] Full text...

thread Economy

Addressing insecurity in road construction in conflict-prone areas: Lessons from the Horn of Africa: World Bank Blog By Kennedy Mkutu Agade, Josphat Sasia, Lilian Kahindo and Benard Mitto

12 september 2024 - 09:12:25
Nairobi, Kenya (PANA) - While all development projects call for care and deftness during the implementation phase, these requirements become [...] Full text...

thread Society

Top UN official ends Libya visit

12 september 2024 - 05:02:30
Tripoli, Libya (PANA) - The UN Under-Secretary-General for Political and Peacebuilding Affairs, Rosemary DiCarlo, ended her visit to Libya on [...] Full text...

thread Politics

Talks to resolve Libya Central Bank crisis to resume on Wednesday

11 september 2024 - 11:52:20
Tripoli, Libya (PANA) - Consultations between Libyan institutional actors aimed at resolving the crisis at the Central Bank (CBL) resume [...] Full text...

thread Economy

IMF Executive Board finds Botswana’s financial sector sound, stable, and resilient

11 september 2024 - 10:34:26
Gaborone, Botswana (PANA) – Due to a diamond market contraction,   Botswana’s economic growth is expected to slow to 1 percent [...] Full text...

thread Economy

Rwanda’s 200,000 youths to benefit from IDA funded skills development programme

11 september 2024 - 10:22:14
Kigali, Rwanda (PANA) - The World Bank has approved new funding to empower and build the skills of more than [...] Full text...

thread Society

Call for ‘solutions across the board’ as 79th General Assembly opens

11 september 2024 - 05:42:26
New York, US (PANA) - The 79th session of the UN General Assembly opened on Tuesday in New York, with [...] Full text...

thread Politics

World Bank group regional vice president, IFC vice president to  visit Gambia

10 september 2024 - 15:46:18
Banjul, Gambia (PANA) - The World Bank Vice President for Western and Central Africa, Ousmane Diagana, and the International Finance Corporation [...] Full text...

thread Economy

IMF praises Uganda’s economic recovery efforts with low inflation

10 september 2024 - 08:18:23
Kampala, Uganda (PANA) - Uganda has navigated the post pandemic recovery well due to sound macroeconomic policies and its economic [...] Full text...

thread Economy

Reconnect with our common humanity and reject ‘treacherous new normal’ - UN rights chief

10 september 2024 - 05:38:41
Geneva, Switzerland (PANA) - The UN High Commissioner for Human Rights delivered his annual global update on Monday, urging the [...] Full text...

thread Society

UN Deputy Secretary-General begins consultations with Libyan officials

09 september 2024 - 12:43:00
Tripoli, Libya (PANA) - The United Nations Under-Secretary-General for Political and Peacebuilding Affairs, Rosemary DiCarlo, on Sunday began consultations in [...] Full text...

thread Politics

Sudanese Government rejects UN fact-finding mission's recommendations

08 september 2024 - 18:32:59
Port Sudan, Sudan (PANA) - Sudan on Sunday rejected a report by a UN Fact-Finding Commission, saying it was politically [...] Full text...

thread

Investing in clean air can saves lives and combat climate change - Guterres

07 september 2024 - 14:35:20
New York, US (PANA) - The UN Secretary-General is marking ‘Clean Air Day’ with a call for global investment in [...] Full text...

thread Environment

UN leads search for synergy on climate and development

07 september 2024 - 05:44:45
New York, US (PANA) - Governments, experts and civil society representatives met in Brazil this week for a UN-backed conference [...] Full text...

thread Environment

Catastrophic hunger doubles in 2024; Gaza and Sudan worst hit

06 september 2024 - 05:18:22
New York, US (PANA) - The number of people experiencing catastrophic hunger has surged more than twofold in 2024, due [...] Full text...

thread Society

South Africa attends African Ministerial Conference on Environment

05 september 2024 - 11:27:34
Cape Town, South Africa (PANA) – South Africa’s Minister of Forestry, Fisheries and the Environment, Dr Dion George, is participating [...] Full text...

thread Environment

Despite declining growth South Africa can repay IMF, Board concludes

05 september 2024 - 11:21:07
Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) concluded the Post Financing Assessment [...] Full text...

thread Economy

Public debt bubble balloons to historic $97 trillion

05 september 2024 - 05:35:15
Geneva, Switzerland (PANA) - Global public debt has nearly doubled since 2010, reaching a historic $97 trillion in 2023, according to [...] Full text...

thread Economy

Tech progress, automation, AI, cut workers’ share of wealth: ILO

04 september 2024 - 17:13:20
Geneva, Switzerland (PANA) - The global trend for shrinking pay packets in heavily industrialized economies could be driven – at [...] Full text...

thread Economy

Strengthening fiscal resilience in small states: World Bank Blog By Sam Hill and Jeetendra Khadan

04 september 2024 - 12:05:32
Washington DC, United states (PANA) - Small states, those with a population of 1.5 million or less, face significant fiscal [...] Full text...

thread Economy

Sustained economic growth hinges on productivity gains as populations age : IMF Blog By Gita Bhatt

04 september 2024 - 12:00:14
Washington, DC, United States (PANA) - A productivity slump is eroding living standards and imperilling financial and social stability “Productivity isn’t [...] Full text...

thread Economy

South Africa attends Africa Urban Forum in Ethiopia

04 september 2024 - 09:36:33
Cape Town, South Africa (PANA) – Deputy Minister of Human Settlements, Tandi Mahambehlala, on Wednesday led a South African delegation [...] Full text...

thread Society

US Senior Coordinator for Atlantic Cooperation visits Côte d’Ivoire

04 september 2024 - 05:37:39
Washington, DC, US (PANA) - US Senior Coordinator for Atlantic Cooperation, Ambassador Jessye Lapenn, will travel to Côte d’Ivoire from [...] Full text...

thread Politics

South African President undertakes state visit to China

02 september 2024 - 11:53:15
Cape Town, South Africa (PANA) –  South African President Cyril Ramaphosa arrived in China on Monday with a high-level delegation for [...] Full text...

thread Politics

UN agencies and local government ministry collaborate to reduce plastic waste in Libya

30 august 2024 - 11:11:46
Tripoli, Libya (PANA) - UNOPS, UN-Habitat and Libya’s Ministry of Local Government are working together to promote plastic waste reduction [...] Full text...

thread Environment

Financial sector at crossroads in emerging markets: Climate risks and financing gaps demand action

30 august 2024 - 06:55:38
Washington, DC, United States (PANA) -  In almost 60% of banks in Emerging Market and Developing Economies (EMDEs), lending for [...] Full text...

thread Economy

Women lead record number of central banks, but more progress is needed: IMF Blog

30 august 2024 - 05:38:07
Washington DC, United States (PANA) - Women are leading more central banks than ever before, thanks to appointments in the [...] Full text...

thread Gender

Urbanization has led to increased slum populations, poverty, and inequalityFeature by Oumar Sylla)

29 august 2024 - 19:50:10
Nairobi, Kenya (PANA) - Urbanization has led to increased slum populations, poverty, and inequality. Informal employment dominates, with 85.8% of [...] Full text...

thread Environment

Transforming African cities: The Maiden Africa Urban Forum (Feature by Oumar Sylla)

29 august 2024 - 18:58:26
Nairobi, Kenya (PANA) - The upcoming Africa Urban Forum from September 4 to 6, 2024, in Addis Ababa offers an [...] Full text...

thread Society

IMF approves US$7.3 million disbursement to Guinea Bissau

29 august 2024 - 12:31:51
Bissau, Guinea Bissau (PANA) – The International Monetary Fund (IMF) has allowed an immediate disbursement of US$7.3 million to help [...] Full text...

thread Economy

Fourteen African countries, key partners unite to provide critical resources for health in WHO’s first-ever Investment Round

28 august 2024 - 11:38:48
Brazzaville, Congo (PANA) — In an unprecedented show of unity in support of the World Health Organisation (WHO), 14 African [...] Full text...

thread Health

South African Minister hails export of avocados to Japan

28 august 2024 - 08:23:45
Cape Town, South Africa (PANA) – International Relations and Cooperation Minister, Ronald Lamola, is attending the Tokyo International Conference on [...] Full text...

thread Agriculture

Kenya launches campaign bid for AUC leadership at mini Summit

27 august 2024 - 14:16:15
Nairobi, Kenya (PANA) – East African leaders gathered in Nairobi on Tuesday to witness the unveiling of former Keyan Prime [...] Full text...

thread Politics

UN Mission in Libya convenes emergency meeting to resolve Central Bank crisis

27 august 2024 - 12:32:51
Tripoli, Libya (PANA) - The United Nations Support Mission in Libya (UNSMIL) says it is convening an emergency meeting for [...] Full text...

thread Politics

Rising sea level is an 'urgent and escalating threat': UN

27 august 2024 - 07:08:16
New York, US (PANA) - The level of the sea globally is rising faster and higher than ever before, creating [...] Full text...

thread Environment

South Africa exports thoroughbred horses to the EU

26 august 2024 - 11:19:07
Cape Town, South Africa (PANA) – The Western Cape’s Minister of Agriculture has welcomed the news that the export of [...] Full text...

thread Society

The catalyst to unleash women’s economic potential in Africa – Childcare: World Bank Blog By Irene Fernandez Gorostidi, Sara Troiano and Adaorie Felicia Osademey Udechukwu

23 august 2024 - 07:37:51
Dar es Salaam, Tanzania (PANA) - Female labour force participation is generally high in most African countries but unpaid work, [...] Full text...

thread Society

Egypt’s cane sugar production drops

23 august 2024 - 07:14:37
Cairo, Egypt (PANA) - Egypt’s sugar production in marketing year 2024/25 (October to September) is forecast to reach 2.6 million [...] Full text...

thread Agriculture

Mozambique makes great strides towards Early Warnings for All

23 august 2024 - 05:38:34
Maputo, Mozambique (PANA) - Mozambique is playing a leading role in a UN-led global initiative to ensure that all people [...] Full text...

thread Environment

Botswana prepares for historic UN conference on landlocked countries

23 august 2024 - 05:25:42
Gaborone, Botswana (PANA) - Leaders from landlocked developing countries, (LLDCs) will gather in Gaborone, Botswana, this December to tackle challenges, [...] Full text...

thread Politics

Bridging the financing gap: Achieving Education for All in Zambia: World Bank Blog By Samer Al-Samarrai, Girma Woldetsadik and Joseph Simumba

22 august 2024 - 07:46:56
Lusaka, Zambia (PANA) - The government of Zambia has laid out an ambitious plan to universalize primary and secondary education. [...] Full text...

thread Society

‘Break the cycle of violence’ through prevention and peacebuilding, Security Council told

21 august 2024 - 19:49:42
New York, US (PANA) - Violence cost the world nearly $20 trillion last year, but investment in peace and conflict [...] Full text...

thread Society

Status quo ‘not sustainable’ in increasingly unstable Libya, Security Council hears

20 august 2024 - 17:32:46
New York, US (PANA) - Recent “unilateral acts” by rival sides in Libya have led to a rapid deterioration in [...] Full text...

thread Politics

UN Security Council to discuss situation in Libya on Tuesday

20 august 2024 - 12:39:43
Tripoli, Libya (PANA) - The Deputy Special Representative for Political Affairs and Acting Head of the United Nations Support Mission [...] Full text...

thread Politics

Libyan Presidential Council fires Governor of Central Bank

19 august 2024 - 12:37:29
Tripoli, Libya (PANA) - The Libyan Presidential Council has announced that it has "unanimously" decided to fire the Governor of [...] Full text...

thread Economy

Sudan military sending 'government delegation' to Cairo, not Geneva, for peace talks

18 august 2024 - 14:59:18
Port Sudan, Sudan (PANA) - The Sudanese Government on Sunday said it is sending a delegation to Cairo, Egypt, but [...] Full text...

thread Politics

UN releases draft blueprint for new universal tax accord

18 august 2024 - 05:30:17
Geneva, Switzerland (PANA) - The global tax system needed reform, and the UN answered the call on Friday with a [...] Full text...

thread Economy

Carbon emissions from AI and crypto are surging and tax policy can help: IMF Blog By Shafik Hebous and Nate Vernon-Lin

16 august 2024 - 08:02:31
Washington, DC, United States (PANA) - What do crypto assets and artificial intelligence have in common? Both are power hungry.Because [...] Full text...

thread Economy

Designing sustainable participatory processes: Lessons from Kenya: World Bank Blog By Annette Akinyi Omolo and Helene Carlsson Rex

16 august 2024 - 07:39:53
Nairobi, Kenya (PANA) - In Kenya, public participation is both a cornerstone of sustainable development and a right enshrined in [...] Full text...

thread Society

Congo designs fiscal instruments for sustainable forestry, economic growth

14 august 2024 - 07:42:44
Brazzaville, Congo (PANA) – Republic of Congo’s economy is gradually recovering, with GDP growth estimated at 1.9% in 2023, according [...] Full text...

thread Economy

Security Council: Political affairs chief underlines ‘desperate need’ for Gaza ceasefire

14 august 2024 - 05:25:03
New York, US (PANA) - As civilian suffering intensifies in war-ravaged Gaza, senior UN officials on Tuesday called once more [...] Full text...

thread Society

World Bank Group launches high level council to tackle looming jobs crisis

13 august 2024 - 08:13:37
Washington, DC, United States (PANA) - The World Bank Group has announced the launch of the High-Level Advisory Council on [...] Full text...

thread Society

AfDB mobilises over 92m euros to support entrepreneurship, job creation in Tunisia

13 august 2024 - 06:03:16
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a financing package [...] Full text...

thread Economy

Youth jobless rate falls to 15-year low, says ILO

12 august 2024 - 11:06:20
Geneva, Switzerland (PANA) - The number of young people unemployed globally is at a 15-year low but Asian Pacific and [...] Full text...

thread Economy

AfDB approves $40m Trade Finance Transaction Guarantee Facility to Ethiopia’s Dashen Bank

10 august 2024 - 05:47:28
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) Group has approved a $40 [...] Full text...

thread Economy

Africa LEADS: Integrating knowledge and operations for a better Bank: World Bank Blog By Arianna Legovini, Sutayut Osornprasop, Aidan Coville and Shane Romig

09 august 2024 - 09:15:51
Cape Town, South Africa (PANA) - Imagine a life without electricity to light up your home, clean water to drink [...] Full text...

thread Society

Bold fiscal reforms can unlock Cameroon’s full potential

06 august 2024 - 16:47:46
Yaoundé, Cameroon (PANA) -   The World Bank on Tuesday launched two flagship economic reports: the 2024 Cameroon Economic Update and [...] Full text...

thread Economy

South African opposition party condemns 'anti-immigrant' protests in UK

06 august 2024 - 13:12:40
Cape Town, South Africa (PANA) – South Africa’s Economic Freedom Fighters (EFF) opposition party has condemned “anti-immigrant” protests that have spread [...] Full text...

thread Politics