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
3:10
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.
1:50
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.
2:50

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.
3:40
Nov 15, 2021

New initiative launched to sharpen Africa’s data management

AfDB, World Bank roll out RASME project in Gabon.
1:50
Oct 6, 2021

Cameroon secures US$100m to advance digital economy ambitions

Funding received from International Development Association (IDA).
1:40
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.
1:50
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.
1:50
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.
1:50
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.
1:40
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.
1:50
May 13, 2021

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

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