World Bank

Rocky economic recovery predicted for MENA region

GDP will grow 5.2% by end 2022, but Ukraine war and COVID-19 add to uncertainty, according to World Bank regional market research.
Staff Writer
Apr 14, 2022

Sub-Saharan Africa’s economy takes a battering

Analysis from World Bank notes that recovery remains uneven, incomplete and is happening at varied rates of speed across the region.
Mar 2, 2022

Can Africa’s mobile digital traders remove barriers blocking a potential US$180bn market?

Executives from several technology companies, the GSMA and World Bank discuss release of White Paper at Mobile World Congress 2022.

Accessing education tools through HUAWEI Petal Search

HUAWEI Petal Search makes study materials and educational apps easily accessible to help learners stay on their A-game despite difficult circumstances.
Nov 15, 2021

New initiative launched to sharpen Africa’s data management

AfDB, World Bank roll out RASME project in Gabon.
Oct 6, 2021

Cameroon secures US$100m to advance digital economy ambitions

Funding received from International Development Association (IDA).
Jul 5, 2021

World Bank laments Malawi's high internet prices, unpredictable connectivity

Institution says country is missing out on potential US$189-million in additional GDP and US$33-million in tax revenue per year.
Jun 9, 2021

Uganda leverages US$200m fund to boost digital acceleration

Funds will contribute to the objectives of the Digital Uganda Vision and Digital Transformation Programme under the National Development Plan III.
Jun 1, 2021

US Dollar mobile wallets key to Ethiopia’s mobile money future

Mobile receipts of remittances are gaining traction as markets continue to be impacted digitally by COVID-19, say experts.
May 20, 2021

Research shows Sub-Saharan Africa most expensive for remittances

World Bank and KNOMAD release report reflecting drop in remittance rate in 2020, but expectation of growth in 2021.
May 18, 2021

Surge in remittances as Africa’s battle with COVID-19 continues

There are now more digital channels offering remittance delivery straight into bank and mobile wallet accounts.
May 13, 2021

World Bank to invest US$200m in Ethiopia’s telecommunications

Financial institution calls for government to open industry up to competition.