COP29: Energy transition must not trigger a ‘stampede of greed’ that crushes the poor

13 november 2024 - 12:09:09
Baku, Azerbaijan (PANA) - Climate talks at COP29 in Baku on Wednesday turned to the pressing issue of how to [...] Full text...

thread Environment

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...

thread Society

FLEX 2024: African ministers, education stakeholders gather in Kigali to track progress in addressing learning crisis

12 november 2024 - 07:48:07
Kigali, Rwanda (PANA) -  Over 500 education leaders, including 28 ministers of education and ministerial representatives from 39 African countries, [...] Full text...

thread Society

Unhealthy eating drives $8 trillion in annual hidden costs

08 november 2024 - 13:07:17
Rome, Italy (PANA) - Most of the hidden costs of agrifood systems worldwide stem from health impacts linked to non-communicable [...] Full text...

thread Agriculture

World Urban Forum focuses on housing, community support in war-torn cities

08 november 2024 - 07:22:40
Cairo, Egypt (PANA) - Delegates discussed a complicated urban development issue at the World Urban Forum on Tuesday: What is [...] Full text...

thread Environment

Why pastoralism matters more than ever for the Sahel and West Africa’s future: World Bank open editorial by Mohamed Ould El-Ghazaouani, President of Mauritania, Mahamat Idriss Déby, President of Chad and Ousmane Diagana, World Bank Vice-President for West and Central Africa

07 november 2024 - 09:12:09
Nouakchott, Mauritania (PANA) - Today, more than ever, we must turn our attention to pastoralism across the Sahel and West [...] Full text...

thread Environment

South African President Ramaphosa salutes Trump after election victory

07 november 2024 - 09:10:40
Cape Town, South Africa (PANA) –  South African President Cyril Ramaphosa on Thursday congratulated Donald Trump on his victory in [...] Full text...

thread Politics

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

'Over 2 billion in cities will be exposed to 0.5ºC rise by 2040'

06 november 2024 - 05:26:16
Cairo, Egypt (PANA) - More than two billion people currently living in cities could be exposed to an additional temperature [...] Full text...

thread Environment

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

'Aid restrictions and dismantling UNRWA will compound Gazans’ suffering'

05 november 2024 - 05:12:49
Cairo, Egypt (PANA) - Aid entering Gaza reached a new low in October, the head of UN Palestine refugee agency [...] Full text...

thread Society

Gaza polio vaccine campaign under fire

04 november 2024 - 04:52:22
Gaza City, Gaza (PANA) - Attacks on a clinic and UN staff member were reported during a resumed polio vaccine [...] Full text...

thread Health

IMF Executive Board approves US$248.5 million for Sierra Leone

01 november 2024 - 07:33:51
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Thursday concluded the 2024 Article [...] Full text...

thread Economy

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

IMF staff conclude Article IV discussions with Somalia

01 november 2024 - 07:12:01
Washington, DC, US (PANA) - A staff team from the International Monetary Fund (IMF), led by Ms. Laura Jaramillo, has [...] Full text...

thread Economy

World Cities Day calls for youth-led local change

01 november 2024 - 06:42:54
New York, US (PANA) - Despite international progress towards achieving the Sustainable Development Goals (SDGs), cities, particularly in the Global [...] Full text...

thread Society

Tuberculosis resurges as top infectious disease killer

29 october 2024 - 22:20:42
Washington D.C., USA (PANA) - The World Health Organization (WHO) Tuesday published a new report on tuberculosis revealing that approximately [...] Full text...

thread Health

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

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

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...

thread Society

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

UN chief advocates for permanent Security Council seats for Africa

22 october 2024 - 05:09:27
Addis Ababa, Ethiopia (PANA) - UN Secretary-General António Guterres has reiterated his call for global institutional reform, highlighting the need [...] Full text...

thread Politics

Brighter future: The power of energy access to end poverty: World Bank Blog By Victoria Kwakwa, World Bank Vice President, Eastern and Southern Africa

21 october 2024 - 07:17:22
Kinshasa, DR Congo (PANA) - For this year's End Poverty Day, I want to highlight one of the most pressing [...] Full text...

thread Society

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

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

Nearly half the world’s 1.1 billion poor live in conflict settings

18 october 2024 - 04:55:56
New York, US (PANA) - More than a billion people worldwide live in acute poverty and 40 per cent are [...] Full text...

thread Society

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

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

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

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

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

Report highlights links between child trafficking and grave violations during conflict

04 october 2024 - 05:43:00
New York, US (PANA) - Armed conflict puts children at an increased risk of grave violations while their risk of [...] Full text...

thread Society

UN official reports on electoral progress, ongoing security challenges in Somalia

04 october 2024 - 05:06:53
New York, US (PANA) - Authorities in Somalia remain focused on national priorities, and the battle against Al-Shabaab terrorists is [...] Full text...

thread Politics

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

Water is cultivating hope and transforming lives of Rwanda's farmers: World Bank Blog By Hayalsew Yilma

01 october 2024 - 07:50:03
Kigali, Rwanda (PANA) - I will never forget my first encounter with Damien and Vestine, a warm and welcoming couple [...] Full text...

thread Society

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...

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

UN issues Public Health Situation Analysis (PHSA) on Hostilities in occupied Palestinian territory

28 september 2024 - 08:00:22
Geneva, Switzerland (PANA) - Although Gaza has suffered previous escalations, the current war stands out as unprecedented in the scale [...] Full text...

thread Society

Calls by African leaders for equitable representation on UN Security Council gain momentum

27 september 2024 - 06:12:12
New York, US (PANA) - The call for a more inclusive and representative Security Council resonated loud and clear at [...] 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

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

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

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

UN’s Guterres urges global solutions as uncertain world edges toward a ‘powder keg’

24 september 2024 - 18:07:23
New York, US (PANA) - The world is locked in a “purgatory of polarity” with a growing number of governments [...] 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

UN Assembly President urges nations to sustain momentum from Summit of the Future

24 september 2024 - 05:23:57
New York, US (PANA) - The President of the UN General Assembly urged all nations to sustain their momentum toward [...] Full text...

thread Politics

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

Youth lead the way ahead of UN Summit of the Future

21 september 2024 - 05:29:42
New York, US (PANA) - Young people took centre stage at UN Headquarters on Friday in the lead-up to the [...] Full text...

thread Politics

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

Showing resolve amid crisis: Guterres highlights UN impact in annual report

20 september 2024 - 06:35:28
New York, US (PANA) - In a time marked by escalating global crises – from rising poverty to the worsening [...] Full text...

thread Politics

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

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

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

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

Summit of the Future: ‘Critical’ opportunity for safer, more sustainable and equitable world

13 september 2024 - 05:42:36
New York, US (PANA) - A once-in-a-generation UN summit bringing together countries from around the world marks a critical opportunity [...] Full text...

thread Politics

IMF underlines wise spending of public revenue in Lesotho

12 september 2024 - 12:01:39
Maseru, Lesotho (PANA) - Lesotho’s GDP growth has improved modestly, picking up to 2.2 percent in the fiscal year ending [...] Full text...

thread Economy

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

UN General Assembly wraps up with calls for unity and resolve

11 september 2024 - 05:34:16
New York, US (PANA) - The 78th session of the UN General Assembly closed on Tuesday, concluding a tumultuous year [...] Full text...

thread

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

Mpox: Equitable vaccine access crucial for Global South

07 september 2024 - 05:27:09
Geneva, Switzerland (PANA) - As African countries grapple with a deadly mpox outbreak, the UN independent expert on the right [...] Full text...

thread Health

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

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

Data show increasing cases of global deaths from cholera - WHO

04 september 2024 - 15:50:16
Geneva, Switzerland (PANA) - The World Health Organization (WHO) has published global cholera statistics for 2023, showing an increase in [...] Full text...

thread Society

Why land is key to tackling climate change and infrastructure gaps: World Bank Bog By Guangzhe Chen

30 august 2024 - 12:25:05
Washington DC, United States (PANA) - While many countries have made impressive progress strengthening their infrastructure, significant gaps remain around [...] Full text...

thread Society

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

Lessons from Zambia: Improving sanitation through planning, awareness-building, and collaboration: World Bank Blog By Francis Ghesquiere and Ai-Ju Huang

22 august 2024 - 11:40:32
Lusaka, Zambia (PANA) - We’re excited to share lessons from our recent work on the Lusaka Sanitation Project in Zambia [...] Full text...

thread Health

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

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

A new chapter: Youth leading literacy transformation: World Bank Blog By Doris Mwikali and Jennie Albone

13 august 2024 - 08:12:41
Dar es Salaam, Tanzania (PANA) - Reading is the doorway that unlocks learning.  Yet for too many children, it’s a [...] Full text...

thread Society

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

Another month, another heat record broken: UN weather agency

07 august 2024 - 20:41:57
Geneva, Switzerland (PANA) - Last month, July, saw another extreme weather milestone with the world's hottest day on recent record registered [...] Full text...

thread Environment

Scaling behavioural interventions in cash transfer programme: Success story from Ghana: World Bank Blog By Christabel E. Dadzie and Mukta Joshi

07 august 2024 - 08:26:10
Accra, Ghana (PANA) - Cash transfer programmes have significantly reduced poverty over the years. The World Bank's Social Protection and [...] 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

Fight bigotry whenever and wherever it appears, UN chief declares

04 august 2024 - 06:08:11
New York, US (PANA) - Top UN officials on Friday called for a stand against bigotry “wherever and whenever it [...] Full text...

thread Society

Now is the time to help countries faced with liquidity challenges: IMF Blog By Ceyla Pazarbasioglu and Pablo Saavedra

01 august 2024 - 17:00:50
Washington, United States (PANA) - Many countries are being squeezed by increasing interest payments and high debt redemptions. The economic scarring [...] Full text...

thread Economy

Nigerian authorities must uphold human rights ahead of planned nationwide protests - Amnesty International

01 august 2024 - 08:39:16
Abuja, Nigera (PANA) - Human rights advocate, Amnesty International, on Thursday asked the Nigerian authorities to ensure that security agencies [...] Full text...

thread Society

“Middle-Income Trap” hinders progress in 108 developing countries: World Development Report

01 august 2024 - 07:58:33
EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL THURSDAY, 1 AUGUST, 2024, at 1:30 PM UTCWashington, DC, United States (PANA) [...] Full text...

thread Economy

Somalia taps World Bank support to promote economic resilience

31 july 2024 - 07:50:28
Mogadishu, Somalia (PANA) - The World Bank’s Board of Executive Directors has approved Development Policy Financing (DPF) that introduces for [...] Full text...

thread Economy

IMF Executive Board approves four-year US$3.4 billion Extended Credit Facility arrangement for Ethiopia

30 july 2024 - 11:47:18
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) has approved a four-year arrangement under [...] Full text...

thread Economy

Why working with traditional and religious leaders changes the dynamic for community-led development in Cameroon: World Bank Blog By Issa Bitang A Tiati and Odilia R. Hebga

27 july 2024 - 09:53:21
Yaoundé, Cameroon (PANA) - The Far North region of Cameroon, bordering Chad, Nigeria, and Lake Chad, has been beleaguered by [...] Full text...

thread Society

UN development Summit looks into global financial reforms

26 july 2024 - 18:03:28
Addis Ababa, Ethiopi  (PANA)  - Dozens of finance and foreign ministers met here to discuss radical action to reform the [...] Full text...

thread Economy

Malawi Economic Monitor calls for urgent, sustained reforms for faster, more inclusive growth

25 july 2024 - 07:40:09
Lilongwe, Malawi (PANA) - Malawi’s current economic difficulties require a combination of immediate response measures and urgent reforms to address [...] Full text...

thread Economy

World Bank Group ramps up fight against global hunger

25 july 2024 - 07:01:57
Rio de Janeiro, Brazil (PANA) - The World Bank Group has unveiled a comprehensive package of initiatives to address urgent [...] Full text...

thread Society

A low-growth world is an unequal, unstable world (By Kristalina Georgieva, IMF Managing Director)

24 july 2024 - 09:20:08
Washington, DC, United States (PANA) - The global economy is stuck in low gear, which could deal a major blow [...] Full text...

thread Economy

Education and career perspectives of young Ugandans: A mix of challenges, gaps and high aspirations: World Bank Blog By Aziz Atamanov, Giulia Ponzini, Frédéric Cochinard and John Ilukor

24 july 2024 - 09:14:46
Kampala, Uganda (PANA) - Higher education and career aspirations among the youth are usually associated with socioeconomic achievements under the [...] Full text...

thread Society

UN forum on sustainable development concludes with renewed commitment

19 july 2024 - 05:30:44
New York, US (PANA) - The High-Level Political Forum (HLPF) on Sustainable Development has concluded with nations reiterating the need [...] Full text...

thread Politics

Build a better world, urges UN chief marking Mandela Day

18 july 2024 - 20:58:24
New York, US (PANA) - As Nelson Mandela Day got underway on Thursday, UN chief António Guterres, remembered the former  [...] Full text...

thread Politics

Preventing deforestation while leveraging trade for development: World Bank Blog By Chris Wellisz

18 july 2024 - 08:13:19
Dar es Salaam, Tanzania (PANA) - Developing countries must contend with a plethora of trade-related regulations as well as voluntary [...] Full text...

thread Agriculture

Getting back on track to meet the first Sustainable Development Goal: World Bank Blog By Luis Felipe López-Calva

16 july 2024 - 17:58:21
Washington DC, United States (PANA) - Almost 10 years ago, countries worldwide adopted the Sustainable Development Goals (SDGs), 17 targets [...] Full text...

thread Society

UN deputy chief calls for major arms spending cuts and urgent action to save SDGs

16 july 2024 - 06:07:03
New York, US (PANA) - The UN Deputy Secretary-General on Monday urged global leaders to redirect resources from warfare to [...] Full text...

thread Society

UN remembers Nelson Mandela’s commitment to fight poverty and inequity

15 july 2024 - 18:59:09
New York, US (PANA)  - The UN paid tribute on Monday to the life and legacy of the first democratically [...] Full text...

thread Politics

South Sudan faces a growing humanitarian crisis, warns WHO

15 july 2024 - 18:58:54
Geneva, Switzerland (PANA) - Twelve years on from independence the people of South Sudan continue to face huge challenges, exacerbated [...] Full text...

thread Health

AfDB chief warns Nigeria’s food import policy could destroy its agriculture

13 july 2024 - 18:42:57
Abuja, Nigeria (PANA) - The President of the African Development Bank (AfDB) Group, Dr. Akinwumi Adesina, has said the decision [...] Full text...

thread Agriculture

Drought emergency in Zambia sets child marriage, HIV and hunger on the rise

12 july 2024 - 12:01:15
Lusaka, Zambia (PANA) - In Zambia’s drought-hit Southern, Western, Central and Lusaka Provinces, acute malnutrition is high among pregnant and [...] Full text...

thread Society

World Bank Group launches framework for inclusive, private sector-led, resilient growth in Tanzania

12 july 2024 - 10:58:44
Dar es Salaam, Tanzania (PANA) - The World Bank Group’s (WBG) Board of Executive Directors has endorsed the new Country [...] Full text...

thread Economy

UN chief calls for ‘dramatic shift’ to transform education worldwide

11 july 2024 - 18:01:28
New York, US (PANA) - The global crisis in education needs a “dramatic shift” to shape a more peaceful, sustainable [...] Full text...

thread Society

World Bank launches Economic Update on Chad

09 july 2024 - 08:31:17
N’djamena, Chad (PANA) – Enhancing the economic inclusion of refugees necessitates acknowledging their economic contributions, according to the World Bank [...] Full text...

thread Economy

UN deputy chief demands bold policies, innovative solutions for SDGs

09 july 2024 - 06:13:14
New York, US (PANA) - The international community must urgently summon the commitment and investments needed to achieve the Sustainable [...] Full text...

thread Politics

IMF, World Bank Group announce Joint Bretton Woods at 80 initiative

02 july 2024 - 07:04:38
Washington, DC, United States (PANA) - In recognition of the 80th anniversary of the United Nations Monetary and Financial Conference [...] Full text...

thread Society

WB board approves additional $35 million to improve essential health services in the Gambia

01 july 2024 - 17:00:34
Banjul, Gambia(PANA) - The World Bank Board of Directors has approved an additional $35 million in financing from the International [...] Full text...

thread Health

World Bank Group appoints Senegalese Fatou Fall as joint Resident Representative for Djibouti

01 july 2024 - 08:51:09
Djibouti, Djibouti (PANA) - Starting Monday, Fatou Fall becomes the Joint Resident Representative of the World Bank Group for Djibouti.“This [...] Full text...

thread Society

World getting a ‘failing grade’ on Global Goals report card

29 june 2024 - 05:54:52
New York, US (PANA) - With just six years remaining to reach the Sustainable Development Goals (SDGs), global progress is [...] Full text...

thread Politics

IMF Executive Board completes second review under Extended Credit Facility Arrangement with Ghana

29 june 2024 - 05:32:55
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Friday completed the second review [...] Full text...

thread Economy

WB to accelerate digital inclusion for 180 million people across Eastern, Southern Africa

28 june 2024 - 12:27:03
Lusaka, Zambia (PANA) - A new programe that will benefit over 180 million people by 2032 is poised to significantly [...] Full text...

thread Society

IMF concludes 2024 Article consultation with Benin

28 june 2024 - 11:36:18
Washington, DC, USA (PANA) - The Executive Board of the International Monetary Fund (IMF) has concluded the 2024 Article IV [...] Full text...

thread Economy

IMF staff completes 2024 Article IV mission to Zimbabwe

28 june 2024 - 11:03:39
Harare, Zimbabwe (PANA) - Despite headwinds, Zimbabwe’s economy continues showing resilience but growth is expected to decelerate to about 2 [...] Full text...

thread Economy

Tanzanian NGO honoured for promoting women empowerment through business digitization digital

27 june 2024 - 15:00:22
Brussels, Belgium (PANA) – The King Baudouin Foundation has awarded the 2023-2024 Africa Prize to Her Initiative, a Tanzanian organisation, [...] Full text...

thread Society

Burkina Faso: Launch of two World Bank economic reports

27 june 2024 - 13:01:22
Ouagadougou, Burkina Faso (PANA) - The World Bank on Thursday launched the Burkina Faso Economic Update and the Country Economic [...] Full text...

thread Economy

Sovereign debt restructuring process improving amid cooperation and reform: IMF Blog By Ceyla Pazarbasioglu

27 june 2024 - 10:23:36
Washington, DC, United States (PANA) - The global economy avoided what could have been a systemic debt crisis during the [...] Full text...

thread Economy

Climate-smart focus in livestock sector can help Tanzania increase production, generate jobs

26 june 2024 - 10:22:23
Dar es Salaam, Tanzania (PANA) - Tanzania can significantly boost its livestock sector's economic contribution with a bold and comprehensive [...] Full text...

thread Agriculture

Stop criminalising homelessness and poverty, say UN rights experts

26 june 2024 - 06:07:57
Geneva, Switzerland (PANA) - Independent UN human rights experts on Tuesday called on governments to scrap “cruel and counterproductive” laws [...] Full text...

thread Society

Gaza war: Chief of key UN agency in Gaza warns ‘entire generation’ could be lost

24 june 2024 - 13:21:16
Geneva, Switzerland (PANA) - The head of the main UN agency responsible for Palestinian refugees, UNRWA, issued a stark warning on [...] Full text...

thread Society

Madagascar: First country to benefit from Enhanced Cooperation Framework for Scaled-Up Climate Action

22 june 2024 - 10:58:49
Washington, DC, United States (PANA) - The World Bank Group (WBG) and International Monetary Fund (IMF) have announced that the [...] Full text...

thread Environment

Special Rapporteur urges global action to recognise and combat prostitution as a system of violence against women and girls

22 june 2024 - 06:36:30
Geneva, Switzerland (PANA) - Prostitution must be urgently recognised as a system of violence, exploitation and abuse, the Special Rapporteur [...] Full text...

thread Gender

Independent rights expert calls for an end to ‘normalisation’ of prostitution

22 june 2024 - 00:16:28
Geneva, Switzerland (PANA) - The UN’s independent human rights expert countering violence against women and girls called on Friday for [...] Full text...

thread Gender

Putting Africa on the path to prosperity: World Bank Blog By Ajay Banga and Mohamed Ould Ghazouani

20 june 2024 - 07:31:04
Apulia, Italy (PANA) - Across the Global South, young people are yearning for opportunity and a better life. But while [...] Full text...

thread Society

Getting the global economy out of the slow lane: World Bank Blog By Indermit Gill and M. Ayhan Kose

17 june 2024 - 17:01:14
Washington, DC, USA (PANA) - With global growth stabilizing for the first time in three years, inflation reaching a three-year [...] Full text...

thread Economy

Burkina Faso’s recovery depends on having security under control: IMF

16 june 2024 - 11:37:40
Ouagadougou, Burkina Faso (PANA) – Burkina Faso’s economic growth is projected at 5.5 percent in 2024 but remains below potential [...] Full text...

thread Economy

New WB financing for Nigeria’s inclusive growth, revenue diversification

14 june 2024 - 10:22:12
Abuja, Nigeria (PANA) – The World Bank on Thursday approved two operations: $1.5 billion for the Nigeria Reforms for Economic [...] Full text...

thread Economy

Tax reforms can boost revenues for social equity - Senegal Economic Update

13 june 2024 - 07:15:16
Dakar, Senegal (PANA) - Economic growth in Senegal proved resilient in 2023 amid political tensions and persistent, albeit declining, inflation, [...] Full text...

thread Economy

Guterres highlights ‘unique level of destruction’ in Gaza ahead of G7 summit

13 june 2024 - 06:18:59
Geneva, Switzerland (PANA) - UN Secretary-General António Guterres reiterated his solidarity with the people of Gaza and the global body’s [...] Full text...

thread Society

Togo keeps its economic performance robust through growth-friendly fiscal consolidation: IMF

11 june 2024 - 10:15:27
Lomé, Togo (PANA) – Togo’s economic growth reached an estimated 5.6 percent in 2023, and inflation has fallen to 2.6 [...] Full text...

thread Economy

AfDB releases highlights of its PPP report

11 june 2024 - 06:52:53
Abidjan, Cote d'Ivoire (PANA) - The African Development Bank (AfDB) Group has published highlights of its purchasing power parities (PPP) [...] Full text...

thread Economy

Cape Verde must invest in blue economy for growth, sustainability

10 june 2024 - 12:20:53
Praia, Cape Verde (PANA) Cape Verde has shown resilience in the post- COVID-19 pandemic recovery, but the crisis highlighted vulnerabilities [...] Full text...

thread Economy

Raising agricultural productivity, private sector investment can help Zambia achieve sustained and inclusive growth

06 june 2024 - 18:56:45
Lusaka, Zambia (PANA) - While Zambia’s economy is still recovering from the COVID-19 pandemic and a previous recession, a new [...] Full text...

thread Economy

New UNICEF report reveals severe child food poverty amid world crises

06 june 2024 - 06:17:04
New York, United States (PANA) – A new report released on Thursday by the UN Children’s Fund (UNICEF) highlights alarming [...] Full text...

thread Society

Community infrastructure supports lives and national reconciliation in Central African Republic: World Bank Blog By Athanase Danhossou, Fred Frippiat, Joachim Boko and Oghenesuvwe Kokoricha

04 june 2024 - 06:47:47
Bangui, CAR (PANA) - Displacement due to conflict is on the rise around the world. In the Central African Republic [...] Full text...

thread Society

IMF Board concludes first review of ECF for Somalia

30 may 2024 - 10:06:36
Mogadishu, Somalia (PANA) – The International Monetary Fund (IMF) has allowed an immediate disbursement of US$10 million to Somalia to [...] Full text...

thread Economy

IMF welcomes Gabon’s rebound in economic growth

29 may 2024 - 14:10:19
Libreville, Gabon (PANA) - The Executive Board of the International Monetary Fund (IMF) has welcomed Gabon’s rebound in growth and [...] Full text...

thread Economy

UN agencies flag menstrual health education as world marks menstrual hygiene day

29 may 2024 - 05:36:59
Geneva, Switzerland (PANA) - As World Menstrual Hygiene Day was marked on Tuesday, a joint report from the World Health Organization [...] Full text...

thread Health

Nigerian entrepreneur lauded for digital healthcare initiative

24 may 2024 - 15:26:07
Boston, Massachusetts (PANA) – A digital healthcare initiative that has enabled some 260,000 patients in Nigerian villages to access healthcare [...] Full text...

thread Health

New chapter in partnership between World Bank Group and Togo

24 may 2024 - 08:08:49
Lome, Togo (PANA) - The World Bank Group (WBG) has endorsed a new Country Partnership Framework (CPF) for Togo, granted [...] Full text...

thread Economy

World Bank issues new update on the Palestinian economy

24 may 2024 - 07:42:58
Washington, DC, USA (PANA) – The World Bank has issued its latest update on The Impact of the Conflict in [...] Full text...

thread Economy

World Bank supports Adaptive and Productive Social Safety Nets Project in CAR

24 may 2024 - 07:16:44
Bangui, CAR (PANA) - The World Bank has approved a $30 million grant from the International Development Association (IDA) to [...] Full text...

thread Society

‘Now is the time to unleash Africa’s peace power’ Guterres tells Security Council

24 may 2024 - 05:17:20
New York, US (PANA) - Peace is the key to unlocking Africa’s future and for strengthening the continent’s voice and [...] Full text...

thread Politics

Water security is critical for poverty reduction, but billions will remain without water access unless urgent action is taken: WB report

20 may 2024 - 08:51:24
Washington, DC, USA (PANA) – Over the past 20 years, the number of people lacking safe drinking water and basic [...] Full text...

thread Society

Global economic growth improves but ‘downsides’ lurk

17 may 2024 - 05:47:39
New York, US (PANA) - The global economic picture has improved since January, but vulnerabilities remain, the mid-year update of [...] Full text...

thread Economy

IMF Executive Board approves US$8.1 million disbursement for Guinea Bissau

14 may 2024 - 07:54:18
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday completed the fourth and fifth [...] Full text...

thread Economy

Africa: a major pillar of climate action - Nassim Oulmane

13 may 2024 - 19:18:59
Addis-Ababa, Ethiopia (PANA) - Africa is the pillar of climate action, said Nassim Oulmane, Director of the Technology, Climate Change [...] Full text...

thread Environment

UN calls for awareness, action to keep plants healthy

13 may 2024 - 12:08:08
Rome, Italy (PANA) - As the world marks the International Day of Plant Health 2024, the UN is calling on everyone to [...] Full text...

thread Agriculture

‘Keep working with us to build a better world,’ Guterres says, as major UN civil society forum closes in Kenya

11 may 2024 - 06:48:19
Nairobi, Kenya (PANA) - The first-ever UN civil society conference held in Africa wrapped up in Nairobi on Friday hearing [...] Full text...

thread Society

Examples to accelerate gender equality in Africa abound: We could apply them to Somalia: World Bank Blog By Helena Hwang, Cansu Birce Gokalp, Verena Phipps and Tanya D'Lima

10 may 2024 - 08:09:53
Mogadishu, Somalia (PANA) - In Somalia, the challenges to gender equality are complex and daunting. Only 28% of women over [...] Full text...

thread Gender

Strong foundation for adaptive social protection in Liberia: Building the Liberia Household Social Registry: World Bank Blog By Mitja Del Bono

07 may 2024 - 15:39:04
Monrovia, Liberia (PANA) - Social registries, defined as information systems that support intake, registration, and eligibility assessment processes for social [...] Full text...

thread Society

IMF Executive Board approves US$71 million in Emergency Financing Support for Guinea

07 may 2024 - 05:41:13
Washington, DC, US (PANA) - The Executive Board of the International Monetary Fund (IMF) on Monday approved a disbursement of SDR [...] Full text...

thread Economy

Achieving sustainable forest management remains UN forum’s goal

07 may 2024 - 05:17:12
New York, US (PANA) - The 19th session of the UN Forum on Forests (UNFF19) opened on Monday with focus [...] Full text...

thread Environment

Palestine’s economy in ruins, as Gaza war sets development back two decades

03 may 2024 - 05:54:29
New York, US (PANA) - The relentless Israeli offensive in the Gaza Strip has set back Palestine’s overall socio-economic development [...] Full text...

thread Economy

Africa can overcome challenges of technology, says ECA officiial

01 may 2024 - 12:50:09
Addis Ababa, Ethiopia (PANA) - The head of the Technology and Innovation Section of the Economic Commission for Africa (ECA), [...] Full text...

thread Sciences

New WB report calls for strong resilience of Ghana’s health system in response to climate change

01 may 2024 - 07:09:58
Accra, Ghana (PANA) - A new World Bank report calls for urgent action to strengthen the resilience of Ghana’s health [...] Full text...

thread Health

HPV vaccination can improve health and opportunities for women and girls in Africa: World Bank Blog By Hellen Wilson Lutta

30 april 2024 - 07:38:18
Dar es Salaam, Tanzania (PANA) - Cervical cancer – often resulting from an infection by the human papillomavirus (HPV) – [...] Full text...

thread Health

UN reviews progress and challenges 30 years after landmark population conference

30 april 2024 - 07:35:24
Cairo, Egypt (PANA) - Global progress towards sustainable development will continue to stall unless countries do more to bridge the [...] Full text...

thread Economy

Forum on Sustainable Development recommends taking advantage of demographics for sustainable investments

29 april 2024 - 19:20:57
Addis Ababa, Ethiopia (PANA) - Participants at the 10th African Regional Forum on Sustainable Development (ARFSD) have recommended taking advantage [...] Full text...

thread Society

Forum on Sustainable Development sets out African priorities for the Pact for the Future

29 april 2024 - 19:13:22
Addis Ababa, Ethiopia (PANA) - The 10th African Regional Forum on Sustainable Development (ARFSD), held recently in Addis Ababa, has [...] Full text...

thread Society

Harnessing Sub-Saharan Africa’s critical mineral wealth

29 april 2024 - 18:48:51
Kinshasa, DR Congo (PANA) - From electric vehicles to solar panels to future innovations, the global transition to clean energy [...] Full text...

thread Economy

African leaders unveil bold transformation agenda at summit, backed by powerful new coalition

29 april 2024 - 13:43:39
Nairobi, Kenya (PANA) — In a historic show of unity, 19 African Heads of State on Monday assembled at a major [...] Full text...

thread Economy

Health experts discuss boosting efforts to transform care for severe chronic diseases in Africa

29 april 2024 - 09:49:43
Dar es Salaam, Tanzania (PANA) – Health experts from across Africa, policymakers, civil society organizations and partners who met last week [...] Full text...

thread Health

World Bank provides additional support to food crisis response in Malawi

27 april 2024 - 13:46:15
Lilongwe, Malawi (PANA) - The World Bank is providing immediate support for millions of Malawians severely affected by the ongoing [...] Full text...

thread Environment

Top UN official calls for increased capital flows to developing countries

25 april 2024 - 16:33:21
Addis-Ababa, Ethiopia (PANA) - UN Deputy Secretary-General Amina Mohammed has called for increased capital flows to developing countries at the [...] Full text...

thread Economy

Africa urged to meet challenges of sustainable development

23 april 2024 - 16:21:03
Addis Ababa, Ethiopia (PANA) - Africa is being urged to address the critical challenges it faces, as the 10th African [...] Full text...

thread Economy

Libyan PM urges young people in CEN-SAD countries to promote the organisation

23 april 2024 - 15:14:22
Tripoli, Libya (PANA) - The Libyan Prime Minister, Abdulhamid Al Dbaiba, on Tuesday underlined the importance of the Community of [...] Full text...

thread Politics

Niger sets out five priorities for Africa to achieve SDGs

23 april 2024 - 13:09:24
Addis Ababa, Ethiopia (PANA) - Niger's Minister of Water, Sanitation and the Environment, Maizama Abdoulaye, has set out five priorities [...] Full text...

thread Economy

Tenth African Regional Forum on Sustainable Development opens

23 april 2024 - 10:50:28
Addis Ababa, Ethiopia (PANA) - The 10th African Regional Forum on Sustainable Development (FRADD) got under way on Tuesday in [...] Full text...

thread Economy

UN Secretary-General calls for UN 2.0 to tackle 21st century challenges

22 april 2024 - 17:56:09
New York, US (PANA) - Secretary-General António Guterres on Monday emphasised the need for a “strengthened and updated” United Nations [...] Full text...

thread Politics

Africa prepares for International Summit on Sustainable Development

22 april 2024 - 15:56:47
Addis Ababa, Ethiopia (PANA) - The tenth African Regional Forum on Sustainable Development (ARFSD), designed to prepare the African position [...] Full text...

thread Economy

Validation in progress of study on contribution of African women entrepreneurs to combating the effects of climate change

20 april 2024 - 19:56:58
Addis-Ababa, Ethiopia (PANA) - Twenty or so experts, academics, civil society leaders, women entrepreneurs and gender actors are looking into [...] Full text...

thread Environment

Women entrepreneurs urged to become climate change ambassadors

20 april 2024 - 19:39:21
Addis-Ababa, Ethiopia (PANA) - Nassirou Ba, an agro-economist and expert consultant, has called on African countries to make women entrepreneurs [...] Full text...

thread Environment

Sixth Science, Technology and Innovation Forum opens in Addis Ababa.

20 april 2024 - 16:41:44
Addis-Ababa, Ethiopia (PANA) - The Ethiopian capital, Addis Ababa, is hosting the sixth African Forum on Technology, Science and Innovation [...] Full text...

thread Sciences

Africa urged to speed up implementation of bold solutions to achieve SDGs

19 april 2024 - 12:59:32
Cotonou, Benin (PANA) - The Director of the Climate Change, Technology and Natural Resources Management Division of the Economic Commission [...] Full text...

thread Society

South African rugby legend honoured by TIME magazine

19 april 2024 - 12:41:19
Cape Town, South Africa (PANA) –  South Africa’s two-time Rugby World Cup-winning Springbok captain Siya Kolisi has been named in [...] Full text...

thread Sports

World Bank Group aims to expand health services to 1.5 billion people

18 april 2024 - 18:20:24
Washington, USA (PANA) - The World Bank Group on Thursday announced an ambitious plan to support countries in delivering quality, [...] Full text...

thread Health

Libya's Minister for Youth talks to senior UN officials about efforts to establish peace in Libya

18 april 2024 - 15:02:09
Tripoli, Libya (PANA) - The Libyan Minister for Youth in the Government of National Unity, Fathallah Al-Zeni, Thursday held talks [...] Full text...

thread Politics

Transform landmark Indigenous rights declaration into reality: UN General Assembly President

18 april 2024 - 05:51:56
New York, US (PANA) - Despite important achievements over the past decade to improve the well-being of Indigenous Peoples, safeguard [...] Full text...

thread Society

UN Youth Forum focuses on sustainable future for all

17 april 2024 - 05:43:31
New York, US (PANA) - Young leaders from around the world are sharing their visions and actions to advance sustainable [...] Full text...

thread Society

Violations of women’s reproductive health rights trigger rise in preventable deaths

17 april 2024 - 05:31:01
New York, US (PANA) - African women are 130 times more likely to die due to pregnancy or childbirth complications [...] Full text...

thread Health

Step up child protection efforts UNICEF urges Nigeria, on 10th anniversary of Chibok abductions

16 april 2024 - 06:21:36
Abuja, Nigeria (PANA) - The UN Children’s Fund (UNICEF) on Monday called on Nigeria to intensify child protection efforts, 10 [...] Full text...

thread Society

UN leaders urge ‘wholesale reform’ of global financial architecture

16 april 2024 - 06:13:40
New York, US (PANA) - The Secretary-General and President of the General Assembly on Monday led the clarion call for [...] Full text...

thread Economy

Africa’s economic activity set to rebound backed by growing consumption, declining inflation

14 april 2024 - 10:42:32
Dar es Salaam, Tanzania (PANA) - Economic activity is set to rebound in Sub-Saharan Africa, supported by increased private consumption [...] Full text...

thread Economy

Despite high potential, 75 vulnerable economies face ‘historic reversal’

14 april 2024 - 10:35:44
EMBARGOED: NOT FOR PUBLICATION, BROADCAST, OR TRANSMISSION UNTIL MONDAY, April 15, 2024, at 10:00 AM UTC. Washington DC, USA (PANA) - [...] Full text...

thread Economy

IMF Board selects Kristalina Georgieva for second term as Managing Director

13 april 2024 - 09:52:56
Washington, DC, USA (PANA) - The International Monetary Fund (IMF) has in recent years helped member countries to navigate successive [...] Full text...

thread Society

World Bank Group announces new approach to measuring impact

10 april 2024 - 08:16:04
Washington, D.C., USA (PANA) - The World Bank Group (WBG) is developing a new corporate scorecard that will track results [...] Full text...

thread Society

Massive investment and financial reform needed to rescue SDGs

10 april 2024 - 05:36:25
New York, US (PANA) - Financing for sustainable development is at a crossroads and without urgent investment, global efforts to achieve [...] Full text...

thread Economy

African economies projected to grow by 3.4 % in 2024, but faster, more equitable growth needed to reduce poverty

08 april 2024 - 13:06:54
Washington, DC, United States (PANA) - Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa. However, [...] Full text...

thread Economy

‘My health, my right’ campaign marks World Health Day

07 april 2024 - 06:48:05
Geneva, Switzerland (PANA) - The UN World Health Organisation (WHO) is on Sunday launching a new campaign to champion the [...] Full text...

thread Health

World Bank demonstrates depth of its capital markets investor base with dual tranche US$ 6 billion bonds

04 april 2024 - 10:58:01
Washington, D.C., USA (PANA) -  The World Bank on Wednesday priced two Sustainable Development Bonds, raising a total of US$ [...] Full text...

thread Economy

New World Bank programme expands access to electricity in Ethiopia

04 april 2024 - 08:04:39
Addis Ababa, Ethiopia (PANA) - A new World Bank programme is set to strengthen and expand the electricity network, improve [...] Full text...

thread Economy

Ghana, Kenya, enhance bilateral relations

03 april 2024 - 18:03:02
Accra, Ghana (PANA) - Kenya and Ghana have signed seven agreements aimed at enhancing bilateral relations between their two countries. President [...] Full text...

thread Politics

IDA provides $340 million to enhance livelihoods of 3 million Ethiopians drought prone lowlands

30 march 2024 - 08:47:18
Addis Ababa, Ethiopia (PANA) - Ethiopians living in climate-affected lowlands of the country will receive new support, thanks to a [...] Full text...

thread Environment

AfDB plans massive work on DRC's giant Inga 3 dam

29 march 2024 - 13:20:12
Abidjan, Cote d'Ivoire (PANA) - African Development Bank (AfDB) Group President, Dr Akinwumi Adesina, has called for a major political [...] Full text...

thread Economy