News

Cauri Money launches Gajo Money, an e-wallet for the Cameroonian diaspora, targeting €120 million in transactions by end-2025. The fintech partners with BFI S.A. to access Cameroon’s financial system ...
Rafael Mariano Grossi, Director General of the International Atomic Energy Agency, and Ajay Banga, President of the World Bank Group, sign a partnership agreement to collaborate on the safe, secure ...
The World Bank is reconsidering its ban on financing upstream projects amid a push to bolster the power sector. The World Bank's board lifted its ban on nuclear power financing on Tuesday and is ...
The World Bank has slashed its global growth forecast to 2.3%, citing trade tensions driven by US tariffs as the primary cause of the sharp downturn.
The World Bank on Tuesday agreed with President Trump's complaint that foreign countries engage in unfair trade practices with the US and urged the nations to ease their tariffs on American exports.
The World Bank’s Global Economic Prospects report sounds a dire warning about tariffs.
The World Bank on Tuesday reduced its outlook for both global and U.S. economic growth this year, citing disruptions to global trade stemming from President Trump’s trade war. Global growth in ...
Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help preserve living standards.
The World Bank said the U.S. economy in 2025 will grow 1.4 percent, 0.9 percentage points slower than its January forecast. It also called for all nations to reduce tariffs.
The World Bank said it is committing $1 billion to help the Democratic Republic of Congo prepare for the development of the next stage of what could be the world’s biggest hydropower project.
The World Bank forecasts a significant decline in global commodity prices, predicting a 12% drop in 2025 and another 5% in 2026, bringing them back to pre-pandemic levels.
The World Bank has clarified that the planned $10.50m financing to the Central Bank of Nigeria is a grant, not a loan. According to a source at the World Bank who spoke to our correspondent under ...