South Sudan makes progress on MDGs, says World Bank
Juba, South Sudan, May 2, 2013— Despite enduring political and economic challenges, 20 fragile and conflict-affected states have recently met one or more targets under the Millennium Development Goals (MDGs), and an additional...Read more...
OECD Report Shows Spotty Growth For Developed Nations
Lately the International Monetary Fund and the World Bank have moved from bankers and lenders and supporters of developing economies to enforcers of economic policy, as seen in the recent eurozone bailouts and the troika. As...Read more...
Nasa funds 3D food printer
Nasa has given a six-month grant to a company developing the world's first 3D food printer. The World Bank on Wednesday announced $1 billion in development funding for Africa’s Great Lakes region, where renewed fighting this...Read more...
Why mobile apps work for the military
Apps can provide targeted elements of the functionality of an Aerospace and Defence (A&D) support solution or a full ERP suite in a mobile form, argues Jeff Pike THE results from the World Bank’s ‘Apps for Development’...Read more...
Delay in mine project shadows hopes for Afghan economy
The giant copper mine that the Afghan government has made the centerpiece of its plans for building an economy nearly from scratch is at least five years behind schedule and the state-owned Chinese company that won the bidding...Read more...
North Koreas Kim Sends Envoy to China
The official Korean Central News Agency said Choe Ryong Hae, the director of the General Political Bureau of the North Korean army, left Pyongyang for China Wednesday. The brief report provided no details about the purpose of...Read more...
IMF pleased with Jamaica's progress
SENIOR INTERNATIONAL Monetary Fund (IMF) mission representative to Jamaica, Jan Kees Martijn, yesterday said the Fund is "encouraged by the steady progress being made" by the country under the extended fund facility (EFF)....Read more...
World Bank Group President Urges Countries to Deliver Universal Health Coverage to Help End Poverty
World Bank Group President Jim Yong Kim called on countries gathered at the 66th World Health Assembly to ensure universal access to quality, affordable health services to help end extreme poverty by 2030 and boost sharedRead more...
Remittances: a window to the future?
Last year, foreign workers sent $401 billion in remittances to friends and relatives in developing countries. Remittance flows increased by 5.3% last year – and they are expected to do so again, rising 8.8% to reach $515...Read more...
DRC waits on funding for world's largest hydropower project
The dream of harnessing the DRC's mighty Congo River has moved closer, and South Africa has pledged to buy half of the power it generates. A view of the Inga hydroelectric dam. (AFP) The World Bank and other financial...Read more...
Comment on Foreign Direct Investment vs. Official Development Assistance: The Battle is On! by...
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Bank of Canadas Carney says Europe needs big reforms
Reuters © Bank of Canada Governor Mark Carney (L) speaks to the President of the European Central Bank Mario Draghi as they pose for a group photograph at the G7 Finance Ministers meeting in Aylesbury, southern England May 10,...Read more...
Politics halt Guinea bauxite growth
Guinea has the world's largest reserves of bauxite - an ore crucial for the development of aluminum - which makes the small West African country a magnet for global mining and metal companies. The country is the sixth biggest...Read more...
Lagos, World Bank upgrade slums
The Lagos Metropolitan Development and Governance Project (LMDGP) is to build infrastructure in Ijeshatedo/Itire and Mushin to elevate those areas. LMDGP is a Special Purpose Vehicle (SPV) World Bank-assisted project, put in...Read more...
Pacific warned on risk of increased mining-related conflict
Pacific warned on risk of increased mining-related conflict A surge in mining-related conflict is likely to occur in developing countries over the next decade as new projects come on stream. The warning comes from one of Papua...Read more...
Microsoft Unveils Xbox One, An All-In-One Entertainment Console
Microsoft has revealed the next generation of its Xbox gaming console: Xbox One, a cloud-powered, all-in-one home entertainment system. At a press event on Microsoft's Redmond campus Tuesday, Xbox chief Don Mattrick said Xbox...Read more...
Jersey offers to share tax standards
Senator Ian Gorst said any plans to tighten tax rules must be the same across the globe Continue reading the main story Jersey's Chief Minister has offered to help develop corporation tax rules in a letter to the Prime...Read more...
Egypt's Minister of Electricity and Energy supports the 2nd Annual Egypt Power and Electricity...
Egypt: As the Egyptian government is working on developing its economy and infrastructure, it has become crucial for the country to improve its electricity sector and provide uninterrupted electric power supply to its...Read more...
DRC Bank Unveils Plans To Invest In Uganda, South Sudan
Rawbank, a leading financial institution in the Democratic Republic of Congo (DRC) has unveiled plans to extend its financial services to the new market in the Republic of South Sudan. By Safi Matata 2 minutes ago Mr. Mustafa...Read more...
Mokonyane details fight against Eldorado Park 'lolli lounge' drug dealers
drug dealers - Times LIVE * LIVE Sites Sport LIVE Sowetan LIVE Sunday World BDlive Books Live Other Times Media Titles Sign In Please enter your login details You can also sign in with your Sowetan LIVE and Sport LIVE account...Read more...
World Bank Launches US$40 Million Phase II of its Water Partnership Program
The World Bank launched today Phase II of its Water Partnership Program (WPP), a joint partnership between the World Bank and the Governments of the Netherlands, Denmark, and the United Kingdom, with an initial contribution of...Read more...
Gulu Municipal to Lose World Bank Funding
By Emmanuel Omona PaOkech It has emerged from Gulu municipality Infrastructural Development Fund meeting that Gulu municipality will lose US$150 million for urban infrastructure and service delivery improvement. The project...Read more...
Ex-strategist can sue UBS as whistleblower: U.S. judge
NEW YORK (Reuters) – UBS AG lost a bid Tuesday to dismiss a whistle-blower lawsuit by a former commercial mortgage-backed securities strategist who said he was fired for refusing to publish misleading research reports. U.S....Read more...
Mobile financial services growing in Asia
Asia is the fastest-growing market for mobile financial services, which now reach almost every town and village, reports AFP citing a study co-authored by the World Bank and the International Fund for Agricultural Development....Read more...
Development programmes: A fourth of govt spending hinges on foreign support
ISLAMABAD: As much as a fourth of the proposed spending budgeted under next fiscal year’s federal development programme hinges on the country’s relations with international creditors, while uncertainty lingers over the PML-N...Read more...
Congressman James Moran gets a visit during Summit
From left, Radka Dopitova, World Bank Fitness Center; Teresa Fortunato O’Mara, L&T Health and Fitness; Jon Sewell, L&T Health and Fitness; Allison Flatley, L&T Health and Fitness; Jill Bakner, L&T Health and Fitness;...Read more...
IFC embarks on investing in renewable energy projects in Azerbaijan
By AzerNews The International Finance Corporation (IFC), a member of the World Bank Group, has approved the first loan to Azerbaijan to finance renewable energy and energy efficiency (RE/EE-credit) projects. The IFC Board of...Read more...
WB/Haiti: Two New Grants Approved
About 1.8 million women and children will benefit from a grant from the International Development Association (IDA) approved today by the Board of Directors of the World Bank. The US$70 million grant will increase access to...Read more...
Dayo Olaide: Before We Finally Lose The North… (1)
Northern Nigeria needs help. Decades of bad governance has continued to traumatise the region. In the period, successive administrations and political leaders have failed to educate the region’s poor; pursuing, instead,...Read more...
THE FUTURE OF WATER IN AFRICAN CITIES: WHY WASTE WATER?
The management of water resources and supply is essential to the development and growth of cities. Sustainable resource use and the provision of quality services to a growing urban population underpins the success of future...Read more...
