Tag Archives: Poverty

Developing World’s Share of Global Investment to Triple by 2030, Says New World Bank Report

Seventeen years from now, half the global stock of capital, totaling $158 trillion (in 2010 dollars), will reside in the developing world, compared to less than one-third today, with countries in East Asia and Latin America accounting for the largest shares of this stock, says the latest edition of the World Bank’s Global Development Horizons (GDH) report, which explores patterns of investment, saving and capital flows as they are likely to evolve over the next two decades. read more

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Developing countries to dominate global saving and investment, but the poor will not necessarily share the benefits, says report

STORY HIGHLIGHTS
  • Developing world’s share of global investment to triple by 2030
  • China, India will be developing world’s largest investors
  • Boost to education needed so poor can improve their well-being

Global Development Horizons 2013: Capital For the Future from WB_Research

In less than a generation, global saving and investment will be dominated by the developing world, says the just-released Global Development Horizons (GDH) report. read more

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Global Trade Partners in the 21st Century

WASHINGTON, May 15, 2013/African Press Organization (APO)/ — Remarks
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IFC Promotes Mobile Financial Services in Cote d’Ivoire to Encourage Inclusive Development

ABIDJAN, Côte d’Ivoire, May 14, 2013/African Press Organization (APO)/ IFC, a member of the World Bank Group, and The MasterCard Foundation today convened key financial industry players to build further momentum for mobile financial services in Cote d’Ivoire. The event recognized the market’s enormous potential, especially for increasing access to finance for low income households, small scale businesses and in hard-to-reach areas.
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Canada works to improve business environment for African agriculture

CAPE-TOWN, South-Africa /African Press Organization (APO)/ The Honourable Julian Fantino, Minister of International Cooperation, attended the World Economic Forum on Africa, Grow Africa Investment Forum, and G-8 New Alliance for Food Security and Nutrition Leadership Council in Cape Town, South Africa, to promote private sector partnerships as a way to achieve innovative solutions to the challenges facing sustainable agricultural development, food security, and nutrition in Africa.
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“Creating business and market opportunities for Africa’s poor is key to advancing sustainable development in the region.” UNDP Report

CAPE-TOWN, South-Africa, May 10, 2013/African Press Organization (APO)/ Involving low-income communities in markets and businesses across Africa is essential for economic growth to translate into sustainable development, according to a United Nations Development Programme (UNDP) report released today.
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Switzerland promotes broad-based growth in Burkina Faso and Mozambique

BERN, Switzerland /African Press Organization (APO)/ On 8 May 2013 the Federal Council decided to grant Burkina Faso and Mozambique general budgetary assistance of CHF 32 million each for the years 2013 to 2016. This will support both countries in implementation of their poverty reduction strategies, which focus on broad-based and sustainable growth.
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What Is Needed for Sustainable Energy for Africa?

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Year of the Artisan: Artisans needed to help grow the economy

African Education Week to gather experts in Johannesburg in June read more

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