Tag Archives: World Bank

World Bank Doing Business report on Nigeria fantastic

World Bank Doing Business report on Nigeria fantastic, & is proof that Buhari administration’s reforms are working, says Osinbajo read more

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World Bank group invites SA companies to stake claim to US$45 billion projects

The Executive Director of the World Bank Group representing Angola, Nigeria and South Africa, Ms Bongi Kunene invited the South African companies to stake a claim to the US$45 billion that the group has set aside for projects in Africa. read more

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World Bank report on PPPs in power transmission in Africa presented at Future Energy Central Africa in Yaoundé next week

Regional energy ministers to debate energy reforms in opening session

 “The Linking up: Public-Private Partnerships in Power Transmission in Africa’ report has a very simple message: the private sector is already actively involved in power generation in Africa, and the same could happen in the transmission sector as has happened in other parts of the world under what we are calling the independent power transmission (IPT) model.” read more

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World Bank warns about utility debt at African Utility Week in Cape Town

Power utilities increasing their borrowings to cover costs, may put these institutions on “a very dangerous slippery slope”, delegates at the Africa Utility Week Conference heard on Tuesday. read more

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WORLD BANK INTERVIEW: Mini and off-grid electricity, especially from sources like solar, offers increasing potential to electrify homes in many rural areas of Sub-Saharan Africa”

Exclusive interview with Lucio Monari, Director, Energy and Extractive Global Practice at the World Bank. He will address the CEO Forum at the upcoming African Utility Week on a World Bank study on the “Financial Viability of Electricity Sectors in Sub-Saharan Africa”. read more

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World Bank to show how Africa’s electricity providers can be profitable and still make electricity affordable at African Utility Week in Cape Town

“Rather than tariff increases, cost reductions are often the best first step towards financial viability”

A new World Bank study presents a sobering assessment of the financial health of electricity utilities in Sub-Saharan Africa, and suggests how utilities can be profitable while extending affordable services for the poor. read more

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Integration Efforts in the EAC

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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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Twelve African Energy, Mining and Industry Ministers confirm attendance at the Africa Energy Forum 2013 in Barcelona

A recent report from the World Bank indicated that the GDP of a third of African countries grew by at least 6% last year, despite the estimate that power outages cost African economies on average around 2% pa of their GDP. read more

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Global Trade Partners in the 21st Century

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IFC to Support Central Bank of Nigeria in Strengthening Sustainable Banking

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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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IFC fait la promotion des services financiers mobiles en Côte d’Ivoire afin de favoriser un développement inclusif

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SA ECONOMIC GROWTH HIT BY MINING SECTOR

Will the Chinese purchase divested mining interests? read more

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