Tag Archives: World Bank Group

Africa Can Avoid Food Crises And Earn Billions – Analysis

October 30, 2012 by IndepthAfrica

By Jerome Mwanda, IDN Some 19 million people in West Africa’s Sahel region are living with the threat of hunger and malnutrition, though the potential to increase agricultural production in Africa is enormous. Poor people in the slums of Nairobi … read more »

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New World Bank chief starts Africa tour in Ivory Coast

September 5, 2012 by IndepthAfrica

The new president of the World Bank, Jim Yong Kim, began an African tour Tuesday with a call to Ivory Coast to “choose peace” in order to foster economic growth. Kim, 52, a Korean-American physician and anthropologist, took up his … read more »

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IFC Partners with Advans S.A. to Set Up Microfinance Bank in Oyo State, Nigeria

January 30, 2012 by IndepthAfrica

LAGOS, Nigeria, January 27, 2012/African Press Organization (APO)/ — IFC, a member of the World Bank Group, is investing $1.1 million (174.5 million Nigerian naira) alongside Advans S.A., German development bank KfW, and Dutch development bank FMO to establish La … read more »

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IFC Plans More Than $1 Billion in Local Currency Bonds Over 10 Years to support African Markets

January 18, 2012 by IndepthAfrica

WASHINGTON, January 18, 2012/African Press Organization (APO)/ — IFC, a member of the World Bank Group, has obtained approval from Ghana and the eight member countries of the West African Monetary Union to establish local currency bond programs to strengthen … read more »

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IFC Pharmaceutical Investment Supports Better Healthcare in Middle East and North Africa

December 19, 2011 by IndepthAfrica

IFC, a member of the World Bank Group, is providing up to $110 million in debt financing to Hikma Pharmaceuticals PLC to help improve access to high-quality generic medicines in the region. IFC’s investment will enable Hikma to continue to … read more »

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Kenya, Uganda protest as maize prices skyrocket

April 20, 2011 by benim

NAIROBI, Kenya – Stephen Omandi scratched out the number “55″ on the sign advertising buckets of maize and wrote in the new price: 60 Kenya shillings. The price hike amounted to only $0.06. But for the residents of Nairobi’s largest … read more »

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