Tanzania set to access US$441 million in IMF financing

18 april 2025 - 08:09:20
Dar es Salaam, Tanzania (PANA) - Tanzanian authorities and the International Monetary Fund (IMF) have reached staff-level agreement on the [...] Full text...

thread Economy

Ghana President invites Burkina Faso, Mali, Niger leaders to ECOWAS 50th anniversary launch

17 april 2025 - 13:23:23
Accra, Ghana (PANA) - Ghana's President John Dramani Mahama, has invited to the military juntas in Mali, Burkina Faso, and [...] Full text...

thread Politics

IMF, Libya complete Article IV Mission

17 april 2025 - 10:17:48
Washington, DC, US (PANA) - The dispute over the leadership of the Central Bank of Libya (CBL) last August and [...] Full text...

thread Economy

Partnerships, increased climate investment crucial for sustainable transition, says UN deputy chief

17 april 2025 - 05:35:53
New York, US (PANA) - Addressing the opening of an international forum in Hanoi on partnerships for green growth, UN [...] Full text...

thread Environment

IMF, Malagasy officials reach staff-level deal on reviews of ECF and RSF plans

16 april 2025 - 10:10:29
Antananarivo, Madagascar (PANA) – Malagasy authorities and the International Monetary Fund staff have reached a staff-level agreement on policies to [...] Full text...

thread Economy

UN members gather to discuss the international pact on protection of the high seas

15 april 2025 - 14:20:02
New York. USA (PANA) - This week, delegates from around the world gather in New York to discuss what has [...] Full text...

thread Environment

Sudan war: ‘Darkest chapters’ ahead as Darfur massacre claims over 100 lives

14 april 2025 - 20:06:25
Khartoum, Sudan (PANA) - As Sudan’s devastating war enters its third year, UN rights investigators are warning that its “darkest [...] Full text...

thread Society

South Africa's President Ramaphosa names Mcebisi Jonas as Special Envoy to the US to improve relations

14 april 2025 - 14:03:40
Pretoria, South Africa (PANA) - South African President Cyril Ramaphosa on Monday announced the appointment of a special envoy to [...] Full text...

thread Politics

Four strategic priorities to mobilize the resources needed to achieve 2030 and 2063 Agenda

09 april 2025 - 19:06:58
Cotonou, Benin (PANA) - The Executive Secretary of the Economic Commission for Africa (ECA), Claver Gatété, Wednesday called on Africa [...] Full text...

thread Society

Guinea to increase access to water, sanitation with WBG support

07 april 2025 - 08:15:22
 Conakry, Guinea (PANA) - The World Bank Group (WBG) has approved a $200 million credit from the International Development Association [...] Full text...

thread Health

Investing in nutrition is smart economics: World Bank Blog By Axel van Trotsenburg, World Bank Senior Managing Director

02 april 2025 - 12:57:18
Porto-Novo, Benin (PANA) - Felicienne Soton is part of a women's group that produces gari (cassava flour). She and her [...] Full text...

thread Health

Reshaping the agriculture and food sector for healthier diets: World Bank Blog by Natasha Hayward, Felipe F. Dizon, Elizabeth Ludwig-Borycz, and Dwi Sari Puspaningtyas

28 march 2025 - 12:15:51
Dakar, Senegal (PANA) - While hunger is making headlines, malnutrition continues to silently affect millions worldwide, undermining their physical and [...] Full text...

thread Agriculture

IMF chief sets up Advisory Council on Entrepreneurship and Growth

28 march 2025 - 10:54:01
Washington, DC, United States (PANA) - As part of the International Monetary Fund’s efforts to help its 191 member countries [...] Full text...

thread Economy

Mauritania advances energy security with World Bank support

28 march 2025 - 10:33:43
Nouakchott, Mauritania (PANA) -  The World Bank Group has announced its approval of the Mauritania Development of Energy Resources and [...] Full text...

thread Economy

IMF mission welcomes Senegal’s commitment to fiscal transparency

27 march 2025 - 11:56:51
Dakar, Senegal (PANA) - An International Monetary Fund (IMF) mission visited Senegal to review findings of the audit report by [...] Full text...

thread Economy

‘Renewables are renewing economies’, UN chief tells top climate forum

26 march 2025 - 19:12:53
Berlin, Germany (PANA) - Ministers from 40 countries met on Wednesday at the first major climate forum of 2025 to [...] Full text...

thread Environment

Global Talent and Economic Success: IMF Blog By William Kerr, Professor of Business Administration at Harvard Business School

26 march 2025 - 13:01:00
Washington, DC, United States (PANA) - Countries that attract the world’s most talented people will be the most successful at [...] Full text...

thread Society

Fostering community resilience: A lifeline for the Central African Republic: World Bank Blog By Laurent Corroyer

26 march 2025 - 08:27:56
Bangui, Central African Republic (PANA) - When devastating floods swept through the Central Africa Republic (CAR) in August 2024, thousands [...] Full text...

thread Environment

Burkina Faso adopts new Customs Code

25 march 2025 - 15:44:57
Ouagadougou, Burkina Faso (PANA) - Burkina Faso adopted a new Customs Code on Monday, introducing a number of innovations including [...] Full text...

thread Economy

UN Chief urges all countries to invest in climate early warning systems

23 march 2025 - 10:31:28
New York, US (PANA) - UN Secretary-General Antonio Guterres has urged all countries to invest in climate early warning systems, [...] Full text...

thread Environment

Connecting 300 million people to electricity and building a resilient future in Africa, World Bank Blog By Celine Ramstein and Stéphane Hallegatte

22 march 2025 - 09:50:58
Dar es Salaam, Tanzania (PANA) - One of the resounding messages of the recent Mission 300 Africa Energy Summit was [...] Full text...

thread Economy

East Africa leads regional growth in Africa, says report

20 march 2025 - 15:32:56
Cotonou, Benin (PANA) - Growth in East Africa is expected to be stronger than in other sub-regions, reaching 6% in [...] Full text...

thread Economy

AfCFTA, a call to action to unveil the African economy, according to the Ethiopian President

18 march 2025 - 18:27:24
Cotonou, Benin (PANA) - The African Continental Free Trade Area (AfCFTA) is a call to action to unveil the African [...] Full text...

thread Economy

Morocco to host the 58th Conference of African Ministers of Finance, Planning and Economic Development in 2026

18 march 2025 - 16:38:29
Cotonou, Benin (PANA) - Morocco is to host the 58th Conference of African Ministers of Finance, Planning and Economic Development [...] Full text...

thread Economy

Claver Gatete of the ECA calls for national resources to be mobilised for the industrialisation of Africa

17 march 2025 - 16:41:22
Cotonou, Benin (PANA) - The Executive Secretary of the Economic Commission for Africa (ECA), Mr. Gatete Claver, has called for [...] Full text...

thread Economy

ECA deplores Africa's debt overhang

17 march 2025 - 16:11:12
Cotonou, Benin (PANA) - The Executive Secretary of the Economic Commission for Africa (ECA), Claver Gatete, deplored Africa's debt overhang, [...] Full text...

thread Economy

Countries spend more money paying off debt than fighting climate change

12 march 2025 - 07:50:11
Geneva, Switzerland (PANA) - Some developing countries are spending more money on repaying their external debt than on combating climate [...] Full text...

thread Environment

Women, girls bear brunt of cyberbullying against persons with disabilities

11 march 2025 - 15:54:15
New York, US (PANA) - States must do more to prevent cyberbullying and overcome unequal access to assistive technology which [...] Full text...

thread Society

'Men remain the overwhelming majority in high political positions'

11 march 2025 - 15:52:07
New York, US (PANA) - Progress towards gender equality in political leadership remains insufficient as we enter 2025, with men [...] Full text...

thread Gender

What works for women at work: World Bank Blog By Anna Bjerde, World Bank Managing Director of Operations

11 march 2025 - 07:49:31
Porto-Novo, Benin (PANA) - Across the globe, I’ve met countless men and women driven by the conviction that when policies [...] Full text...

thread Gender

Corruption hinders gender equality worldwide: Transparency International

08 march 2025 - 12:54:11
Dar es Salaam, Tanzania (PANA) - On International Women’s Day, Transparency International celebrated the achievements of women worldwide, but also [...] Full text...

thread Gender

Smart policies that help people realize their potential can be game-changing for entire societies: IMF Blog By Gita Bhatt

08 march 2025 - 08:14:45
Washington D.C., USA (PANA) - Every great leap in human progress—from the printing press to the steam engine to the [...] Full text...

thread Economy

UN releases US$110 million to shore up life-saving assistance in neglected humanitarian crises

06 march 2025 - 12:43:24
Geneva, Switzerland (PANA) - With global humanitarian funding being scaled back precipitously, the United Nations on Thursday allocated US$110 million [...] Full text...

thread Society

World Bank enterprise surveys in Botswana: 13 years later: World Bank Blog By Siyun He, Yew Chong Soh and Liang Wang

06 march 2025 - 08:12:23
Gaborone, Botswana (PANA) - Findings from a recent World Bank survey reveal the current state of private sector development in [...] Full text...

thread Economy

Democratising innovation can harness untapped talent and spur economic growth: IMF Blog By Xavier Jaravel, Professor of Economics at the London School of Economics

05 march 2025 - 13:01:25
Washington, DC, USA (PANA) - Notwithstanding Plato’s 2,400-year-oldproverb, necessity alone is not the mother of invention. It also requires opportunity. An [...] Full text...

thread Economy

UN deputy chief: Strong food systems can deliver progress for everyone, everywhere

04 march 2025 - 20:36:27
Nairobi, Kenya (PANA) - In a series of meetings in Nairobi, Kenya, Deputy Secretary-General Amina Mohammed spearheaded discussions on fortifying [...] Full text...

thread Society

Banking for a better world: Catalysing local solutions for global impact: World Bank Blog By Akihiko Nishio, World Bank Vice President of Development Finance and Ed Mountfield, Vice President, Operations Policy and Country Services

04 march 2025 - 07:19:05
Washington, DC, United States (PANA) - The world is grappling with a collective action problem. Tackling global challenges like biodiversity loss [...] Full text...

thread Economy

‘Naked struggle for power and resources’ leaves civilians paying unbearable price: UN human rights chief

03 march 2025 - 20:22:21
Geneva, Switzerland (PANA) - As 120 conflicts rage around the world from the DR Congo to Gaza and from Sudan [...] Full text...

thread Society

Global biodiversity agreement mobilises $200 billion boost for nature

01 march 2025 - 05:24:09
Rome, Italy (PANA) - Governments on Friday reached agreement on a strategy to raise an additional $200 billion each year [...] Full text...

thread Environment

What is business ready and what does it mean for Botswana? World Bank Blog By Michael Ehst, Smita Kuriakose and Liang Wang

28 february 2025 - 07:57:11
Gaborone, Botswana (PANA) - In his maiden budget speech, Botswana’s Vice President and Minister of Finance, Ndaba Nkosinathi Gaolathe, mentioned [...] Full text...

thread Economy

Anchoring macroeconomic stability through fiscal policy in Zimbabwe

27 february 2025 - 07:18:28
Harare, Zimbabwe (PANA) - The Government of Zimbabwe recently embarked upon an important set of reforms aimed to durably restore [...] Full text...

thread Economy

Bridging the productivity divide needed to unlock Madagascar's economic potential needs

26 february 2025 - 09:05:23
Antananarivo, Madagascar (PANA} - Madagascar's economy is recovering, but growth remains insufficient and uneven to significantly improve living standards.According to [...] Full text...

thread Economy

Farmers must be at the heart of biodiversity action - FAO chief

26 february 2025 - 07:39:06
Rome, Italy (PANA) - “Without the farmers, it is only political policy without implementation” – that was the stark message [...] Full text...

thread Environment

CAR: Challenges multiply as elections approach, says senior UN official

23 february 2025 - 07:11:17
New York, US (PANA) - The recent attack on a United Nations patrol in the Central African Republic (CAR), in [...] Full text...

thread Politics

Financial inclusion in Africa: Progress, challenges, and the road ahead: World Bank Blog By Leora Klapper, Lucy Nshuti Mbabazi and Monique Nsanzabaganwa

20 february 2025 - 12:51:14
Addis Ababa, Ethiopia (PANA) - Imagine that everyone in Africa, from vendors in the bustling markets of Cairo, to agricultural [...] Full text...

thread Gender

G20 foreign ministers meet in South Africa

20 february 2025 - 08:00:06
Cape Town, South Africa (PANA) – The G20 Foreign Ministers Meeting began in Johannesburg on Thursday.It is part of a [...] Full text...

thread Politics

Guterres urges Caribbean leaders to keep pushing for peace, climate action

20 february 2025 - 07:33:09
Bridgetown, Barbados (PANA) – Addressing Caribbean leaders meeting in Barbados on Wednesday, UN Secretary-General António Guterres announced a potential plan [...] Full text...

thread Society

World Resources Institute, World Bank present landmark assessment of nature-based solutions in Africa

19 february 2025 - 11:57:34
Nairobi, Kenya (PANA) - A new report by World Resources Institute (WRI) and the World Bank, with contributions from the [...] Full text...

thread Environment

New public finance review to help Eswatini improve fiscal policy for better development outcomes

19 february 2025 - 08:31:25
Mbabane, Ewatini (PANA) - The World Bank and the Government of Eswatini launched a new review highlighting ways to make [...] Full text...

thread Economy

ECA Executive Secretary calls for AfCFTA to be used to promote regional value chains in Africa

18 february 2025 - 16:00:12
Cotonou, Benin (PANA) - The Executive Secretary of the Economic Commission for Africa (ECA), Claver Gatete, has called for advantage [...] Full text...

thread Economy

AU unveils full list of elected offiials at 38 summit

17 february 2025 - 18:29:30
Addis Ababa, Ethiopia (PANA) - The African Union has unveiled the full list of Commissioners elected during the 38th session [...] Full text...

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New report highlights Africa’s strengthening economic growth amid global challenges

16 february 2025 - 07:59:37
Addis Ababa, Ethiopia (PANA) - Africa’s economic performance is showing signs of improvement but remains vulnerable to global shocks, according [...] Full text...

thread Economy

Djibouti's Foreign Minister Ali Youssouf wins race for AUC Chairperson slot

15 february 2025 - 22:27:15
Addis Ababa, Ethiopia (PANA) - Djibouti's Foreign Minister Mahmoud Ali Youssouf emerged victorious in the tough race for the leadership [...] Full text...

thread Politics

Angola promises everlasting impression on infrastructure

15 february 2025 - 15:10:39
Addis Ababa, Ethiopia (PANA) – The African Union's newly-elected Chairman, Angola's President Joao Manuel Lourenco, has promised to leave a [...] Full text...

thread Economy

African Union Summit opens in Ethiopia

15 february 2025 - 13:14:47
Addis Ababa, Ethiopia (PANA) - Angola's Joao Manuel Lourenco assumed the rotating Chair of the African Union (AU) on Saturday, [...] Full text...

thread Politics

UN Security Council condemns deadly attack on peacekeepers in CAR

15 february 2025 - 06:02:23
New York, US (PANA) - The UN Security Council condemned the attack on 11 February against the United Nations peacekeepers [...] Full text...

thread Politics

IMF team concludes Ghana visit

14 february 2025 - 20:23:31
Accra, Ghana (PANA) - An International Monetary Fund (IMF) staff team led by Stéphane Roudet has visited Ghana as part [...] Full text...

thread Economy

Agricultural value chains, a major potential for Africa's development.

14 february 2025 - 17:06:36
Cotonou, Benin (PANA) - Agricultural value chains hold great potential for the development of the African continent, according to the [...] Full text...

thread Agriculture

Livestock at the heart of the eighth African business forum

14 february 2025 - 16:57:27
Cotonou, Benin (PANA) - Livestock development will be the focus of the eighth Africa Business Forum, which opens on Monday [...] Full text...

thread Agriculture

IMF staff completes Staff-Monitored Programme discussion with Zimbabwe

14 february 2025 - 11:10:11
Harare, Zimbabwe (PANA) - Following the request for a Staff-Monitored Programme (SMP) by the Zimbabwe authorities in 2023, an International [...] Full text...

thread Economy

Scaling up or losing steam? Parliamentarians debate the future of the SDGs

14 february 2025 - 05:19:18
New York, US (PANA) - As the clock ticks toward 2030, parliamentarians gathered at UN Headquarters in New York on [...] Full text...

thread Politics

Ghana can pave the way for sustainable growth by focusing on long-term reforms: WBG report

13 february 2025 - 05:11:11
Accra, Ghana (PANA) - The World Bank Group’s latest Public Finance Review report, titled “Building the Foundations for a Resilient [...] Full text...

thread Economy

Ethiopia to host Eighth African Business Forum on Monday

12 february 2025 - 12:49:18
Cotonou, Benin(PANA) - The Eighth Africa Business Forum will be held in Addis Ababa next Monday under the theme, "From [...] Full text...

thread Economy

Ghana's Special Prosecutor declares former finance minister 'fugitive from justice'

12 february 2025 - 12:44:36
Accra, Ghana (PANA) - The Office of the Special Prosecutor (OSP) of Ghana has declared former Finance Minister, Mr. Ken [...] Full text...

thread Society

Empowering Somalia's economy beyond remittances for long-term stability: World Bank Blog By Abdirahman Bashir Shariff and Aieshwarya Davis

12 february 2025 - 06:45:10
Mogadishu, Somalia (PANA) - When Somalia reached the HIPC (Heavily Indebted Poor Countries) completion point recently, it marked a transformative [...] Full text...

thread Economy

The Troika of technical and financial partners reaffirms its commitment to supporting Burkina Faso

11 february 2025 - 13:44:22
Ouagadougou, Burkina Faso (PANA) - The Troika of technical and financial partners (TFPs) on Tuesday reaffirmed their commitment to supporting [...] Full text...

thread Economy

Scaling innovative finance for growth in the Horn of Africa: World Bank Blog By Boutheina Guermazi, Ahmed Rostom and Michael Fuchs

11 february 2025 - 08:44:02
Addis Ababa, Ethiopia (PANA) - As we step into 2025, it’s a perfect time to reflect on the future of [...] Full text...

thread Economy

Africa has potential to become major driver of global trade, says UN

11 february 2025 - 07:07:29
Geneva, Switzerland (PANA) - Africa can turn its economic vulnerabilities into opportunities through trade, investment and regional integration, say the [...] Full text...

thread Economy

IMF completes first review of Liberia’s ECF programme underlining governance reforms

06 february 2025 - 08:48:24
Monrovia, Liberia (PANA) – Liberia is now in position to draw US$46 million from the International Monetary Fund (IMF) for [...] Full text...

thread Economy

Cameroon at a crossroads: Urgent call for fiscal transformation: World Bank Blog By Amina Coulibaly, Francis Ngomba Bodi and Mouhamadou Moustapha Lo

06 february 2025 - 07:28:10
Yaoundé, Cameroon (PANA) - Despite its natural resources and dynamic people, Cameroon’s economic progress has stalled, leaving income per capita [...] Full text...

thread Economy

What the UN is doing in DR Congo

05 february 2025 - 19:48:49
Geneva, Switzerland (PANA) - The current phase of fighting erupted in late January in the mineral-rich eastern region of the [...] Full text...

thread Society

Two companies sign CFAF 150 billion to boost Mali's cotton industry

05 february 2025 - 13:39:35
Bamako, Mali (PANA) - A pool of banks represented by the Banque de Développement du Mali (BDM), one of the [...] Full text...

thread Economy

Benin: An African pioneer – IMF Country Focus

04 february 2025 - 07:29:07
Porto-Novo, Benin (PANA) - Benin faced a number of negative spillovers in 2022: a deteriorating regional security situation at its [...] Full text...

thread Economy

WFP denounces 'arbitrary restrictions' on food aid in Sudan

31 january 2025 - 12:11:59
Geneva, Switezrland (PANA) - As famine spreads in Sudan, ravaged by civil war for nearly two years, the World Food [...] Full text...

thread Society

How to close Africa's energy access gap: World Bank Blog By Anna Bjerde, World Bank Managing Director of Operations

29 january 2025 - 07:29:37
Dar es Salaam, Tanzania (PANA) - What will it take to bring electricity to 300 million people in Africa who [...] Full text...

thread Economy

African Union urges Trump to revisit US exit from WHO

28 january 2025 - 17:54:13
Kampala, Uganda (PANA) - The African Union on Jan.22 urged new U.S. President Donald Trump to revisit his decision to [...] Full text...

thread Politics

Guterres slams backsliding on climate commitments

22 january 2025 - 12:31:34
Davos, Switzerland (PANA) - The world’s political and business elite present in Davos on Wednesday faced an uncompromising address from [...] Full text...

thread Politics

Africa Must Decolonize Economic Structures For Sustainable Growth –UNDP Chief

15 january 2025 - 17:20:13
Ibadan, Nigeria (PANA) - The United Nations Development Programme (UNDP) Resident Representative in Zimbabwe Ayodele Odusola says for Africa to [...] Full text...

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Ambitious climate action to reap large dividends for Cape Verde

15 january 2025 - 12:44:16
Praia, Cape Verde (PANA) – Building resilience and accelerating a low-carbon transition are central to Cape Verde’s sustainable development strategy, [...] Full text...

thread Environment

Côte d’Ivoire: IMF Country Focus -Fostering economic transformation and adapting to climate change

15 january 2025 - 07:19:40
Abidjan, Côte d’Ivoire (PANA) - The Ivoirien economy has performed strongly over the past decade, with GDP growth averaging 6.4 [...] Full text...

thread Economy

Namibia: New WBG strategy to boost job creation, access to quality services

09 january 2025 - 09:55:29
Windhoek, Namibia (PANA) – The World Bank's Board of Executive Directors discussed a new Country Partnership Framework (CPF) for Namibia, [...] Full text...

thread Society

Global Cooperation at a crossroads: Possibility amid rising geopolitical uncertainty

07 january 2025 - 16:02:43
Geneva, Switzerland (PANA) – The World Economic Forum’s Global Cooperation Barometer offers a critical assessment of the state of global [...] Full text...

thread Economy

2024 is set to be the warmest year on record-WMO

30 december 2024 - 19:17:09
Geneva, Switzerland (PANA) - The year 2024 is set to be the warmest on record, capping a decade of unprecedented [...] Full text...

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The climate crisis: 5 things to watch out for in 2025 (By Conor Lennon, UN News)

30 december 2024 - 08:18:06
Belém, Brazil (PANA) - The Amazonian city of Belém, Brazil, will be the global focus of efforts to tackle the [...] Full text...

thread Environment

African Development Fund approves $9 million grant to strengthen climate resilience in Madagascar

22 december 2024 - 07:25:35
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Fund – the African Development Bank (AfDB) [...] Full text...

thread Environment

IMF identifies Benin’s key challenge in economic transformation efforts

18 december 2024 - 11:04:42
Cotonou, Benin (PANA) - A key challenge ahead for Benin is to further strengthen inclusive policies for an economic transformation [...] Full text...

thread Economy

South Africa's former finance minister to head G20 Africa Expert Panel

17 december 2024 - 06:24:34
Cape Town, South Africa (PANA) – South Africa’s former Finance Minister Trevor Manuel has been appointed to head the G20 [...] Full text...

thread Politics

Charting a path for global action on land and drought

15 december 2024 - 05:04:10
Riyadh, Saudi Arabia (PANA) - The largest and most inclusive UN land conference wrapped up in Riyadh, Saudi Arabia, on [...] Full text...

thread Environment

AfDB to make $30 million equity investment in Africa Finance Corporation to catalyse climate action

15 december 2024 - 04:55:52
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank’s Board of Directors has approved a $30 million equity investment in [...] Full text...

thread Economy

Quality, affordable health services for 1.5 billion people: A vision for healthier, more resilient world: World Bank Blog By Juan Pablo Uribe and Monique Vledder

13 december 2024 - 07:47:44
Abidjan, Côte d'Ivoire (PANA) -  The scale of the global health challenge is staggering. Global megatrends—such as decreasing investments in [...] Full text...

thread Health

Tanzania needs concrete action on its path to resilient, low carbon growth: World Bank

12 december 2024 - 06:40:23
Dar es Salaam, Tanzania (PANA - Without decisive action, climate change could cut Tanzania's economic growth by up to 4% [...] Full text...

thread Economy

AfDB to fund women-led business enterprises growth in Nigeria

11 december 2024 - 13:45:07
Rabat, Morocco (PANA) - Women-led businesses in Nigeria will benefit from a US$50 million loan, provided by an African Development [...] Full text...

thread Economy

Housing Africa’s growing population: IMF Blog By Kecia Rust, Executive Director of Centre for Affordable Housing Finance in Africa

11 december 2024 - 11:04:15
Kumasi, Ghana (PANA) - Deeper understanding of informality and better use of technology can build more sustainable housing markets.Informality dominates [...] Full text...

thread Society

Chad’s economic recovery picks steam - IMF

10 december 2024 - 08:02:32
N’Djamena, Chad (PANA) - Chad’s post-pandemic recovery picked up steam in 2023 with growth increasing to 4.9 percent, the Executive [...] Full text...

thread Economy

African Continental Free Trade Area -- an opportunity to recharge investment, growth and jobs: World Bank Blog By Priyanka Kher, Xavier. Forneris, Eloïse Obadia, Madelynne Grace Wager

07 december 2024 - 08:56:02
Addis Ababa, Ethiopia (PANA) - The African Continental Free Trade Area (AfCFTA) offers a promising opportunity to revive stagnant investment [...] Full text...

thread Economy

World Bank Group announces record $100 billion IDA replenishment

06 december 2024 - 07:09:14
Seoul, Korea (PANA) - The World Bank Group on Friday unveiled a record $100 billion replenishment of the International Development [...] Full text...

thread Economy

Private sector urged to act as world faces $23 trillion loss from land degradation

05 december 2024 - 17:21:41
Riyadh, Saudi Arabia (PANA) -The private sector has been urged to make the sustainable management of land a key part [...] Full text...

thread Environment

African countries count on mineral boom to bolster large scale investment

05 december 2024 - 13:36:34
Rabat, Morocco (PANA) - African countries are relying on the mineral potential in the continent to attract large-scale investment into [...] Full text...

thread Economy

Housing’s unique role in lives and economies demands greater understanding: IMF Blog By Gita Bhatt

05 december 2024 - 08:43:42
Washington, DC, USA (PANA) - Wherever I go these days, the conversation inevitably focuses on the rising cost of housing. [...] Full text...

thread Economy

Broader access to jobs and public services key to addressing inequality, reducing poverty in Africa, says new report

04 december 2024 - 17:17:48
Washington, DC, USA (PANA) - Unequal and limited access to jobs, finance, and public services such as education and healthcare [...] Full text...

thread Economy

Kenya's human rights status downgraded to 'repressed'

04 december 2024 - 11:09:57
Nairobi, Kenya (PANA) - The civil rights coalition, CIVICUS, announced in a report on Wednesday the downgrade of Kenya's civic [...] Full text...

thread Society

Global financial reform addresses challenges facing developing nations: UN deputy chief

04 december 2024 - 05:12:48
 New York, US (PANA) - Decisive action is needed to address the financial challenges facing developing nations, UN Deputy Secretary-General [...] Full text...

thread Economy

Saudi Arabia, WBG establish Global Knowledge Hub in Riyadh

03 december 2024 - 11:19:27
Riyadh, Saudi Arabia (PANA) - The Kingdom of Saudi Arabia and the World Bank Group (WBG) signed an agreement on [...] Full text...

thread Society

Persistent fall in private borrowing brings global debt down: IMF Blog By Vitor Gaspar, Carlos Gonçalves, Marcos Poplawski-Ribeiro

03 december 2024 - 11:17:39
Washington, DC, United States (PANA) – Global debt decreased about one percentage point to 237 percent GDP in 2023. Empirical [...] Full text...

thread Economy

Croatia strengthens support for global development, increases pledge to IDA21 by 115%

03 december 2024 - 07:14:44
Zagreb, Croatia (PANA) - Croatia on Monday announced a significant increase in its financial commitment to the International Development Association [...] Full text...

thread Economy

Three billion people globally impacted by land degradation

02 december 2024 - 15:54:11
Riyadh, Saudi Arabia (PANA) - Three billion people around the world are suffering the impact of poor and degraded land [...] Full text...

thread Environment

Choosing our future: Country lessons on unlocking education for action: World Bank Blog By Luis Benveniste and Sergio Venegas Marin

29 november 2024 - 07:00:42
Baku, Azerbaijan (PANA) - At the just-ended COP29 in Baku, education took center stage as leaders and youth advocates gathered [...] Full text...

thread Environment

IMF reaches Staff Level agreement on Second Review of ECF for Ethiopia

28 november 2024 - 09:29:50
Washington, DC, US (PANA) - A staff team from the International Monetary Fund (IMF) led by Mr. Alvaro Piris and [...] Full text...

thread Economy

G7 FMs, EU reiterate commitment to support peace in Africa

26 november 2024 - 21:04:54
Washington, DC, US (PANA) - The G7 Foreign Ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the [...] Full text...

thread Politics

Talks begin in South Korea to clinch ‘essential’ deal on plastics pollution

25 november 2024 - 17:40:19
Busan, South Korea (PANA) - Talks began in Busan, South Korea, on Monday aiming to clinch a legally binding deal [...] Full text...

thread Environment

COP29: Climate talks conclude with $300 billion annual pledge

24 november 2024 - 06:51:10
Baku, Azerbaijan (PANA) - Rich nations pledged to contribute at least $300 billion annually to the global fight against climate [...] Full text...

thread Environment

COP29: Draft deal proposes wealthy nations give $250 billion in climate finance

23 november 2024 - 05:07:03
Baku, Azerbaijan (PANA) - A new draft finance deal delivered to harried negotiators in Baku on Friday – the final [...] Full text...

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Ghana FA dissolves management committee of national football team after disastrous AFCON 2025 qualifiers

21 november 2024 - 15:09:27
Accra, Ghana (PANA) - The Ghana Football Association (GFA) on Thursday announced the immediate dissolution of the management committee of [...] Full text...

thread Sports

COP29: Failure on climate finance ‘not an option’, says Guterres

21 november 2024 - 14:09:58
Baku, Azerbaijan (PANA) - UN Secretary-General António Guterres made a strong call to action as COP29 approaches its crucial conclusion [...] Full text...

thread Environment

IMF mission concludes visit to Egypt on review of Extended Fund Facility

21 november 2024 - 08:47:30
Cairo, Egypt (PANA) – Egyptian authorities and the International Monetary Fund (IMF) staff have made “substantial progress” on policy discussions [...] Full text...

thread Economy

COP29: New climate finance deal, urban challenges in spotlight at conference

21 november 2024 - 05:33:02
Baku, Azerbaijan (PANA) - As intense round-the-clock COP29 climate talks enter their final stretch in Baku, delegates on Wednesday are [...] Full text...

thread Environment

‘Breaking point’ reached on climate, while ‘outdated’ global system needs urgent reform: Guterres

20 november 2024 - 05:09:12
Rio de Janiero, Brazil (PANA) - In a powerful appeal to the world’s largest economies during the G20 Summit, UN [...] Full text...

thread Environment

COP29: Boost from Rio as G20 leaders back scaling up climate finance from ‘billions to trillions’

19 november 2024 - 17:21:19
Rio de Janeiro, Brazil (PANA) - The high-level diplomatic push for climate action shifted southward on Tuesday as G20 leaders [...] Full text...

thread Environment

Debt burden stifles development spending in Africa's poorer countries

19 november 2024 - 15:44:43
Addis Ababa, Ethiopia (PANA) - Africa’s rising debt burden is eroding funding for sustainable development in poor countries, impacting heavily [...] Full text...

thread Economy

Norway announces early pledge to IDA21 during G20 Summit in Rio de Janeiro

19 november 2024 - 07:09:14
Rio de Janeiro, Brazil (PANA) - In a significant move to bolster global development efforts, Norway has announced its early [...] Full text...

thread Economy

COP29: ‘Cut the theatrics’: UN climate chief tells negotiators to focus on solutions as talks enter final week

18 november 2024 - 14:03:49
Baku, Azerbaijan (PANA) - As COP29 climate talks in Baku enter their final week, the UN climate chief told negotiators [...] Full text...

thread Environment

EC tops up support to Rwanda Defence Force deployment in Cabo Delgado

18 november 2024 - 10:46:48
Brussels, Belgium (PANA) – The European Council adopted on Monday a €20 million top-up to an existing assistance measure under [...] Full text...

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COP29: Putting people at the centre of climate solutions: World Bank Blog By Mamta Murthi and Juergen Voegele

18 november 2024 - 08:36:22
Luanda, Angola (PANA) -  Climate change is an urgent human crisis.  Since 2022, 400 million students worldwide have faced school [...] Full text...

thread Environment

Ahead of G20 Summit in Brazil, UN chief urges bloc to take the lead on peace, climate and other challenges

18 november 2024 - 05:33:12
Rio de Janeiro, Brazil (PANA) - The G20 group of developed economies must be at the forefront of global efforts to [...] Full text...

thread Politics

Antimicrobial Resistance conference closes with adoption of global pledges to tackle problem

17 november 2024 - 05:03:25
Jeddah, Saudi Arabia (PANA) - The 4th Global High-Level Ministerial Conference on Antimicrobial Resistance (AMR) wrapped up on Saturday with [...] Full text...

thread Health

COP29: Will conference deliver the trillions needed to tackle the man-made climate crisis?

17 november 2024 - 04:52:20
Baku, Azerbaijan (PANA) - The latest round of UN climate negotiations, COP29, opened this past Monday in Baku, Azerbaijan, following [...] Full text...

thread Environment

COP29: Governments, industry must stop ‘lip-service’ on methane and slash emissions, says UNEP

16 november 2024 - 07:14:56
Baku, Azerbaijan (PANA) - The UN environment agency chief warned the COP29 climate summit in Baku on Friday that methane [...] Full text...

thread Environment

COP29: ‘You have every right to be angry’ Guterres tells youth advocates frustrated over lack of climate action

15 november 2024 - 06:28:20
Baku, Azerbaijan (PANA) - As negotiations over how to tackle climate change head into their fifth day in Baku, UN [...] Full text...

thread Environment

New report outlines pathways to sustainable growth in Rwanda

14 november 2024 - 07:22:54
Kigali, Rwanda – The Government of Rwanda and the World Bank  on Wednesday launched the Rwanda Country Economic Memorandum (CEM), [...] Full text...

thread Economy

South African delegation participates in COP29

13 november 2024 - 08:59:31
Cape Town, South Africa (PANA) – A high-level South African delegation is attending COP29 which is underway in Baku, Azerbaijan [...] Full text...

thread Environment

COP29: Multilateral development banks to boost climate finance

13 november 2024 - 08:19:45
Baku, Azerbaijan (PANA) - Multilateral Development Banks (MDBs) on Tuesday issued a joint statement at COP29 in Baku outlining financial [...] Full text...

thread Environment

IMF concludes review of Morocco’s RSF arrangement, allows disbursement of US$415 million

13 november 2024 - 07:54:46
Washington, DC, United States (PANA) - The Executive Board of the International Monetary Fund (IMF) has completed the second review [...] Full text...

thread Economy

COP29: Climate change is growing threat to people fleeing war, violence and persecution

13 november 2024 - 05:48:12
Baku, Azerbainan (PANA) - In a new report presented at COP29 on Tuesday, the UN refugee agency (UNHCR) said climate [...] Full text...

thread Environment

COP29: Guterres urges countries to ‘get serious’ on loss and damage funding

13 november 2024 - 05:47:56
Baku, Azerbaijan (PANA) - UN Secretary-General António Guterres called on Tuesday for countries to step up contributions to a financial [...] Full text...

thread Environment

COP29: ‘Pay up or humanity will pay the price’, Guterres warns climate summit

12 november 2024 - 12:48:27
Baku, Azerbaijan (PANA) UN Secretary-General António Guterres said on Tuesday that leaders gathered in Baku for the COP29 Climate Action [...] Full text...

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The clock is ticking on sub-Saharan Africa's urgent job creation challenge: IMF Blog By Athene Laws, Faten Saliba, Can Sever, and Luc Tucker

12 november 2024 - 08:41:34
Gaborone, Botswana (PANA) - To employ a growing population, the region needs to transform informal jobs, reduce barriers to business [...] Full text...

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How property taxes can help low-income countries to develop: IMF Blog By Martin Grote, Mario Mansour, and Jean-François Wen

12 november 2024 - 08:15:09
Lagos, Nigeria (PANA) - The world’s governments must raise an additional $3 trillion to achieve sustainable and inclusive economic growth [...] Full text...

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COP29: Push for agreement on new climate finance deal ‘right from the start’

11 november 2024 - 13:13:55
Baku, Azerbaijan (PANA) - Following another year of record-high global heat and extreme weather events, UN climate chief Simon Stiell [...] Full text...

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Investing in health: Time for a rethink: World Bank Blog By Christoph Kurowski, Martin Schmidt and David B. Evans

09 november 2024 - 09:56:14
Washington DC, United States (PANA) – Countries are entering a critical phase in achieving the health Sustainable Development Goals (SDGs), [...] Full text...

thread Health

World’s largest urban development forum concludes with Cairo Call to Action

09 november 2024 - 05:35:36
Cairo, Egypt (PANA) - The twelfth edition of the World Urban Forum wrapped up on Friday with the adoption of [...] Full text...

thread Society

Deadly weather events show cost of climate inaction

08 november 2024 - 06:04:47
Baku, Azerbailan (PANA) - Record-breaking floods in Spain, violent storms in Florida and wildfires in South America – these are [...] Full text...

thread Environment

Adapt or perish: UN calls for urgent action at COP29 climate summit

07 november 2024 - 12:44:46
Cairo, Egypt (PANA) - Come hell or high water, nations must urgently scale up climate adaptation efforts, the UN Environment [...] Full text...

thread Environment

COP29: Leaders must commit to fair climate financing and fully phasing out fossil fuels

07 november 2024 - 07:48:37
Baku, Azerbaijan (PANA) - Leaders at COP29 must listen to demands for climate justice by putting human rights at the [...] Full text...

thread Environment

Women’s voices lead at World Urban Forum in Cairo

07 november 2024 - 05:44:25
Cairo, Egypt (PANA) - One of the main messages conveyed by women leaders, activists, young people and others gathered for [...] Full text...

thread Society

Climate action essential to Senegal’s upper-middle-income country aspiration, says new report

06 november 2024 - 09:07:30
Dakar. Senegal (PANA) - A new World Bank Group report highlights the significant economic and social benefits of climate action [...] Full text...

thread Economy

European Council adopts measures in support of Republic of Congo’s navy, Egyptian Armed Forces

06 november 2024 - 06:57:01
Brussels, Belgium (PANA) - The European Council has adopted a €5 million assistance measure under the European Peace Facility, to [...] Full text...

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EC publishes 2023 international climate finance figures

05 november 2024 - 13:07:39
Brussels, Belgium (PANA) - In 2023, the European Union and its 27 member states contributed €28.6 billion in climate finance [...] Full text...

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COP 29: Richer countries must commit to pay at COP29 as climate change forcibly displaces millions across Africa

04 november 2024 - 11:31:56
Dakar, Senegal (PANA) - With millions of people already displaced by climate change disasters in Africa, the richer countries most [...] Full text...

thread Environment

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

More than 250 million children still out of school worldwide, UNESCO reports

01 november 2024 - 06:35:25
Paris, France (PANA) - Despite decades of educational progress and international commitments, a quarter of a billion children and youth [...] 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

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

Japan signs $1 billion portfolio guarantee with World Bank

26 october 2024 - 07:34:07
Washington, DC, United States (PANA) - Japan signed a $1 billion portfolio guarantee agreement on Friday that will scale up [...] Full text...

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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...

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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

World Bank Group announces strategic pivot in agribusiness, doubles financial commitment

24 october 2024 - 06:57:43
Washington, DC, United States (PANA) - The World Bank Group on Wednesday announced a strategic pivot in its approach to [...] Full text...

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New scorecard promotes better results with greater transparency and accountability: World Bank Blog By Elena Bourganskaia, Ed Mountfield and Ethiopis Tafara

23 october 2024 - 09:21:05
Washington, DC, United States (PANA) - A year ago, at our Annual Meetings in Marrakech, Morocco, we announced an ambitious [...] Full text...

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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

A Pact for the world’s poorest

18 october 2024 - 18:43:08
By Deodat MaharajManaging Director, United Nations Technology Bank for Least Developed Countries  New York, US (PANA) - Last month, world leaders [...] Full text...

thread Economy

IMF team assesses Senegal’s finance inspectorate reports

17 october 2024 - 12:26:35
Dakar, Senegal (PANA) - An International Monetary Fund (IMF) staff team has started assessing in Senegal the implications of the [...] 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...

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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

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...

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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...

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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...

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UN Biodiversity Convention: EU reaffirms global pledge to protect a third of the planet by 2030

14 october 2024 - 16:38:47
Brussels, Belgium (PANA) – The European Council on Monday approved conclusions in view of the Conference of Parties on the [...] Full text...

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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

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...

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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...

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IMF, WB, WHO step up cooperation on pandemic preparedness

06 october 2024 - 05:59:49
Washington, DC, US (PANA) - The Heads of the International Monetary Fund (IMF), the World Bank Group (WBG), and the [...] Full text...

thread Health

Expensive farm inputs, insecurity in producing regions, high transport costs impact grain yields in Nigeria

04 october 2024 - 08:26:34
Lagos, Nigeria (PANA) - Imports of wheat, rice, and maize marketing in year 2024/25 are estimated to increase as the [...] Full text...

thread Agriculture

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...

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At Global Citizen Festival, UN deputy chief urges action to achieve development goals

01 october 2024 - 06:03:33
New York, US (PANA) -  UN Deputy Secretary-General Amina Mohammed told thousands gathered in New York’s Central Park on Saturday [...] Full text...

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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

$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...

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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

Stop global warming to turn the tide on sea level rise: UN Assembly President

26 september 2024 - 05:54:04
New York, US (PANA) - With global sea level rising faster than at any time over the last 3,000 years, [...] Full text...

thread Environment

Guterres urges world leaders to 'stay committed' to UN development goals

25 september 2024 - 05:53:12
New York, US (PANA) - UN Secretary-General António Guterres called on Tuesday for finance, climate action and peace to achieve [...] Full text...

thread Politics

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

WHO and Multilateral Development Banks kick off US $1.5 billion primary health financing platform

23 september 2024 - 20:50:32
New York, US (PANA) - Execution is starting under the new Health Impact Investment Platform on the first country health [...] Full text...

thread Society

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

UNAIDS: Rising debt in sub-Saharan Africa costing lives

20 september 2024 - 06:05:03
New York, US (PANA) - A report by UNAIDS has detailed how debt crisis is jeopardising progress aimed at ending [...] Full text...

thread Health

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

US Department of State hosts inaugural U.S.-Nigeria Strategic Energy Dialogue

11 september 2024 - 05:54:20
Washington, DC, US (PANA) - the US Bureau of Energy Resources (ENR) Assistant Secretary Geoffrey R. Pyatt, will lead the [...] Full text...

thread Economy

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

AfDB launches 60th birthday festivities

10 september 2024 - 11:38:27
Abidjan, Cote, d'Ivoire (PANA) - The President and Chairman of the Boards of Directors of the African Development Bank (AfDB) [...] Full text...

thread Economy

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

UN chief Guterres underlines support for China-Africa partnership

05 september 2024 - 13:03:22
Beijing, China (PANA) - Joint efforts by China and Africa can spark new momentum for development on the continent, UN [...] Full text...

thread Economy

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

More than 400 million students affected by climate-related school closures since 2022

05 september 2024 - 08:50:53
Washington DC, United States (PANA) -  A staggering 400 million students globally experienced school closures from extreme weather since 2022, [...] Full text...

thread Environment

World Bank appoints new country director for Kenya, Rwanda, Somalia, and Uganda

03 september 2024 - 08:03:49
Nairobi, Kenya (PANA) - The World Bank has appointed Mr. Qimiao Fan as the new Country Director for Kenya, Rwanda, [...] Full text...

thread Economy

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

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

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