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World Bank alarmed over rising debt in Africa

WASHINGTON - Africa's poorest countries saw little to no progress on average in improving the quality of their policy and institutional frameworks in 2018, according to the World Bank's annual Country Policy...

Nigeria commends World Bank and United Nations for stolen asset recovery efforts

The Economic and Financial Crimes Commission, EFCC has commended the efforts of the Stolen Asset Recovery (STAR) Initiative of the World Bank and United Nations Office on Drugs and Crime (UNODC) and...

World Bank raises $700 million for storm-hit African countries of Mozambique, Zimbabwe and Malawi

The World Bank announced on Friday that it had raised over half a billion dollars to help people in Mozambique, Malawi and Zimbabwe, three African nations hit...

World Bank President David Malpass travels to Africa on first overseas trip

World Bank Group President David Malpass is traveling to Africa on his first foreign trip as head of the global development institution since assuming leadership of the...

President Trump offered Ivanka Trump World Bank President job but she turned it down

President Donald Trump offered Ivanka Trump World Bank President job but she declined, she said in an interview with the Associated Press.

Faces of Africans at IMF and World Bank Spring Meetings 2019 in Washington D.C.

Our senior photojournalist, Emmanuel Ikodor, spent last week capturing the faces of some prominent Africans who attended the just concluded World Bank and IMF Spring Meetings 2019...

French speaking Africans felt lost at World Bank and IMF Spring Meetings 2019

Madam Christine Lagarde, the Managing Director of the International Monetary Fund is from France where the official language is French, however, when she addressed the international community...

3 Africa takeaways from World Bank and IMF Spring Meetings 2019 – hope, caution and fear

If there was one word African nations took away from the just concluded 2019 World Bank and IMF Spring Meetings in Washington D.C., that word was likely...

World Bank grants $190Mn for IDPs, refugees in Cameroon

The World Bank has offered a grant to the government of Cameroon worth $190 which is about 100.7 Billion Frs CFA, to enable Yaounde complete ongoing projects...