The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
Russia is at risk of the “first significant” increase in its poverty level since the crisis in 1998-1999 as the country’s first recession in six years forces millions into destitution, the World Bank said. The poverty rate, which counts those living on $5 or less a day, may rise to …
Bamako/Rome — 33,000 families to benefit from new agricultural production rehabilitation programme - World Bank supporting activities The government of Mali and FAO have launched the implementation phase of a $5 million project aimed at restoring the livelihoods of households affected by the armed conflicts and climate change in the …
Maputo — The Board of Executive Directors of the World Bank on Monday approved a loan of 50 million US dollars to improve food security in Mozambique. The loan is described as the second of a series of three agriculture budget support operations that finance agricultural reform in Mozambique. A …
Kenya should invest in smart agricultural practices to mitigate its exposure to climate change which has affected production, hampered food security and fight against poverty, a new World Bank report shows. The study titled 'Increasing agricultural production and resilience through Improved agro-meteorological services' that recommends investment in early warning systems …
BALI ISLAND (Sunderbans): The water level in the Sunderbans, the world's largest mangrove forest, is rising at an "alarming" level, endangering the habitation, a World Bank report has suggested. The report stated that the sea level could witness an estimated 3 to 8 mm rise per year and mainly attributed …
DHAKA : The World Bank (WB) will construct at least 330 new cyclone shelters in the cyclone prone areas of Bangladesh by 2017, reports BSS. Official sources said the WB under its Emergency 2007 Cyclone Recovery and Restoration Project (ECRRP) has already constructed 136 multipurpose disaster shelters that double up …
The world throws a lot of things away -- measured to be about 3.5 million tons of solid waste a day in 2013, a number expected to climb to 6 million tons a day by 2025. But that's nothing. The World Bank released a report a year and a half …
A planned mega-dam in Guatemala, whose carbon credits will be tradable under the EU’s emissions trading system, has been linked to grave human rights abuses, including the killing of six indigenous people, two of them children. Several European development banks and the World Bank’s International Finance Corporation (IFC) have provided …
Around 90 percent of the beneficiaries of a World Bank project for victims of cycles Sidr and Aila now have annual income upwards of Tk 60,000 on average, according to a household survey of 2014. Around 86 percent of the people covered by the Emergency 2007 Cyclone Recovery and Restoration …
BEIJING -- Chinese Vice Premier Liu Yandong met with World Bank Managing Director Sri Mulyani Indrawati in Beijing on Monday, pledging to cooperate more in health care. Liu said he appreciated the World Bank's support and help on China's medical and health care reform and briefed Indrawati on the latest …
LIMA, Peru (CMC) — A new report by the World Bank is calling on Caribbean countries to rethink their policies in order to break the cycle of chronic poverty in the region. The report entitled "Left Behind, Chronic Poverty in Latin America and the Caribbean", takes a closer look at …
Rapid growth in Latin America over the past decade still left one in five residents of the region living on less than $4 a day, the World Bank said in a report on Monday. The report, "Left Behind," for the first time studies those caught in chronic poverty from 2004 …
Men and women may not always be on the same footing but you would think both sexes would be equal in the face of gigantic floods, typhoons or droughts. Think again. Countless studies show that natural disasters on average kill more women than men -- 90 percent female fatalities in …
Satellite images (with 15' X 15' grid overlaid) used by ISRO to make a comparative study of the Sunderbans landmass. The Indian Sunderbans has lost 3.71 per cent of its mangrove and other forest cover, while losing 9,990 hectares of its landmass to erosion in one decade, according to a …
Gross domestic product at risk of flooding in India, the world’s second-most populous nation, may surge 10-fold by 2030 as cities expand and climate challenges worsen, according to the World Resources Institute. A new online global flood-analyzing tool developed by WRI and four Dutch research agencies showed India topped the …
The number of people affected by river flooding worldwide could nearly triple in the next 15 years, analysis shows. Climate change and population growth are driving the increase, according to the World Resources Institute (WRI). In the UK, about 76,000 people a year could be at risk of being affected …
Calabar — Cross River State government has disbursed over N1.7 billion directly to 247 communities across the state for the development of environmental and rural infrastructure. This was contained in a World Bank project review implementation progress report released last week. The document showed that Cross River is leading 25 …
Jordan and Israel signed an agreement to go ahead with a World Bank-sponsored project to build a desalination plant in the Gulf of Aqaba and a pipeline linking the Red Sea with the Dead Sea. The plant will be built in the southern Jordanian port of Aqaba on the Red …
The World Bank has distanced itself from the recent report which ranked Malawi as the poorest country in the world in 2015, and the Bank has since described the statistics as erroneous. "The press articles refer to a report allegedly published by the World Bank which has ranked Malawi as …
