The World Bank projects a 3 per cent decline in commodity prices for 2024 and an additional …
World Bank
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CommoditiesFeatureInternational NewsNews
Gold prices to see 8% rise in ’24 – World Bank
by Nada Aliby Nada AliGold prices are expected to hold steady near their recent record highs for the remainder of 2024, …
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Africa NewsBanksFeatureMoney
World Bank pauses $150m funding for Tanzanian tourism project
by Aya Anwarby Aya AnwarThe World Bank halted $150 million funding for a Tanzanian tourism project, responding to long-standing appeals from …
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FeatureIndustry & TradeInternational NewsNews
Sri Lanka slashes inflation to 2.5% in March
by Nada Aliby Nada AliSri Lanka’s consumer price inflation dropped significantly to 2.5 per cent in March.
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BanksFeatureInternational NewsMoneyNews
World Bank’s IFC sees $1.9b investments in Ukraine projects
by Aya Anwarby Aya AnwarThe International Finance Corporation (IFC), the World Bank’s private investment arm, plans to fund $1.9 billion worth …
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BanksFeatureMoney
ECB governors voice concern over interest rate forecast publication
by Aya El Sayedby Aya El SayedGovernors of the European Central Bank (ECB) have expressed concerns over the idea of publishing their interest …
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Africa NewsFeature
Nigerian measures against inflation impacts naira positively – CBN governor
by Aya Anwarby Aya AnwarCentral Bank of Nigeria (CBN) Governor, Olayemi Cardoso, views the recent surge in the naira positively, attributing …
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BanksEgypt NewsFeatureMoneyNews
World Bank updates Egypt’s FY24, FY25 growth forecasts
by Yomna Yasserby Yomna YasserEgypt’s economic growth is expected at 2.8 per cent in the 2024 financial year – which runs …
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FeatureInternational NewsNews
Half of poorest countries falling behind despite advantages – World Bank
by Aya Anwarby Aya AnwarHalf of the world’s 75 most vulnerable countries are falling behind wealthy nations in income growth, a …
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Debt for climate and nature swaps, a mechanism where indebted countries receive debt relief in exchange for …