insert_link South Africa South Africa will be president of the G20 in 2025: two much-needed reforms it should drive By Danny Bradlow, University of Pretoria South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global economy, 75% of world trade and 67% of global population. The G20 defines itself as the premier multilateral forum […] todayMay 15, 2024 15
insert_link Africa African countries can’t resolve their debt crisis under a system rigged against them By Carlos Lopes, University of Cape Town The debt situation in many African countries has escalated again to a critical juncture. Twenty are in, or at risk of, debt distress. Three pivotal elements significantly contribute to this. Firstly, the rules governing the international banking system favour developed countries and work against the interests of African countries. Secondly, multilateral financial institutions such as the International Monetary Fund […] todayMay 6, 2024 10
insert_link Africa African leaders in Djibouti for World Bank summit Several African leaders are gathering in Kenya's capital, Nairobi, for the World Bank's International Development Association summit. The two-day summit, according to the BBC, aims to address development challenges on the continent and work towards creating prosperous, inclusive, and sustainable economies. The IDA is the part of the World Bank that helps the world’s 75 poorest countries, 39 of which are in Africa. todayApril 29, 2024 7
insert_link Oshiwambo Aaleli ya Africa oyeli momutumba mo Kenya go World Bank Aaleli ya Africa ya yooloka oyeli mo Nairobi sha Kenya komutumba go World Bank International Development Association. Omutumba guule womasiku gaali shiikwatelela ko BBC otagu lalakanene okutala komashongo gehumokomeho menenevi,nokutala nkene tapa etwa omaliko geshi okwiinekelwa,notaga kwatelemo. o International Development Association oyili oshitopolwa sho World Bank, nohayi kwathele iiongo ya hepa muuyuni yili 75,moka 39 yili ya Africa. todayApril 29, 2024 7
insert_link Africa Hospital infection cost Africa nearly $ 8.4 billion Treating infections acquired in hospitals and clinics is costing sub-Saharan Africa as much as $8.4 billion a year and hundreds of thousands of preventable deaths. According to research by WaterAid and the World Bank, at least half of these could be averted by improved handwashing facilities, clean water, and decent toilets. Bloomberg reports that the highest rates of contamination were found in intensive care units, neonatal wards, and pediatric departments. todayApril 9, 2024 14
insert_link Business / Economics World Bank’s IFC under fire over alleged abuses at Liberian plantation it funded An investigation into the International Finance Corporation’s handling of human rights abuses at a project it financed in Liberia, the Salala Rubber Corporation, is expected to severely incriminate the World Bank’s private lending arm. The World Bank’s Compliance Advisory Ombudsman investigated whether the IFC did enough to address allegations of gender-based violence, land grabbing and unfair compensation by its client, Socfin, between 2008 and 2020. It’s anticipated that […] todayApril 8, 2024 20
insert_link Namibia Development Bank of Namibia and World Bank Explore Collaboration The Development Bank of Namibia and the World Bank have initiated discussions to explore cooperation between the two development financiers. A senior team from the World Bank visited DBN to discuss potential avenues of collaboration. The primary focus of the discussions was the preparation of a technical background paper concerning the financial sector for the upcoming Namibia Climate Change and Development Report. todayMarch 22, 2024 23
insert_link Africa World Bank investigates Tanzanian tourism project allegations The World Bank says is investigating allegations of human rights violations committed by Tanzanian authorities during the implementation of a $150 million tourism resource management project. Daniel Kijo reports. todayFebruary 6, 2024 16
insert_link Africa Davos: Global economists see bright spots in Africa growth prospects By Conrad Onyango, bird story agency Top economists agree that Africa's economic prospects for 2024 are positive, as small countries sparkle in the face of sluggish global growth projections. Chief economists from the World Economic Forum, World Bank and United Nations project Africa’s economy will defy the impacts of weak investments, debt crises, inflation, tight financial conditions and extreme weather patterns to record an improvement over 2023. A strong majority […] todayJanuary 19, 2024 16
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
