Developing economies—which fuel 60 percent of global growth—are projected to finish the first quarter of the 21st century with the…
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World Bank to expand health services to 1.5 billion people
The World Bank Group today announced an ambitious plan to support countries in delivering quality, affordable health services to 1.5…
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Indebtedness, conflicts affect growth in North Africa. Middle East
The World Bank’s new Middle East and North Africa Economic Update, entitled Conflict and Debt in the Middle East and…
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World Bank asses its $15 billion projects in Ethiopia
The World Bank and the Government of Ethiopia concluded assessment of the implementations of the 43 projects in Ethiopia worth…
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Invest in global cooperation, economic foundations – IMF
By Andualem Sisay Gessesse (Marrakech, Morocco) – The head of the International Monetary Fund (IMF) Ms. Kristalina Georgieva today calls…
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World Bank to finance Addis Ababa – Djibouti corridor project
The Addis Ababa – Djibouti corridor, a vital trade route and a lifeline for Ethiopia’s 120 million people, will get…
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Debt: East, West new weapon to colonize Africa
BY ANDUALEM SISAY GESSESSE Accra, Ghana – African countries are at risk of falling once again into debt trap. But…
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Burundi advised to improve business environment
By strengthening its private sector and improving its business environment, Burundi has the opportunity to create more jobs, accelerate economic…
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World Bank expresses concern about situation in Ethiopia
The World Bank on Thursday expressed its “great concern about the heightened level of conflict and fragility in Ethiopia”.
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Partners to deploy vaccines for 400 million Africans
The President of the World Bank, Mr David Malpass, and his senior management team comprised of Dr Axel van Trotsenburg…
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Ethiopia secures half a billion dollar to enhance safety net
The World Bank and the Government of Ethiopia inked this morning a $512.5 million loan and grant agreement, which aims…
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Ethiopia pleads to G20 to rescue African economies
As the leaders of the wealthiest nations begins their extraordinary summit this week, the Government of Ethiopia today appeals to…
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