African Leaders Discuss Consolidating Democratic Gains and Promoting African Prosperity
It was in front of a crowd of hundreds that leaders of Malawi, Sierra Leone, Senegal, and Cape Verde spoke about the big gains their countries have made in the last few years. For the president of Malawi, Joyce Banda, the hardest thing was restoring...
IMF Executive Board Completes First Review Under ECF Arrangement for Niger and Approves US$16.9 Million Disbursement
The Executive Board of the International Monetary Fund (IMF) completed the first review of Niger’s economic performance under the program supported by a three-year, SDR 78.96 million (about US$118.3 million) Extended Credit Facility (ECF) arrangement...
German official: Euro Zone Savings Safe
German Finance Minister Wolfgang Schaeuble has said savings accounts in the euro zone are safe, adding that Cyprus is a "special case" and not a template for future rescues.
Global economy is improving but Europe lags behind, says OECD
World Bank Offers Crisis Grant to Comoros to Create Jobs, Rebuild Infrastructure after Damaging Floods
The World Bank’s Board of Executive Directors Thursday approved a grant of US$3 million to help Comoros scale up an emergency response in parts of the island hit by recent devastating floods. The new financing will also help to alleviate the ongoing...
Cyprus Banks Reopen, Bailout Negotiations Continue
World Bank Supports Mozambique’s Safety Net for the Poor and Capacity Building for Natural Gas, Mining Industries
The World Bank Board of Executive Directors Thursday approved two International Development Association (IDA)* credits totaling US$100 million to support the Government of Mozambique’s efforts to provide income support to extremely poor families and...
Food Prices Decline but Still High and Close to Historical Peaks
Morocco’s Farmers to Benefit from Opening Markets and Agricultural Modernization
Morocco’s long-term agricultural vision is to double the value-added of the sector and create 1.5 million jobs by 2020.
£31 million injection for new nuclear technology in the UK
