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
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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.
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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.
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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
New initiative launched to sharpen Africa’s data management
AfDB, World Bank roll out RASME project in Gabon.
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Cameroon secures US$100m to advance digital economy ambitions
Funding received from International Development Association (IDA).
1:40
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
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
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.
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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.
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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.
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World Bank to invest US$200m in Ethiopia’s telecommunications
Financial institution calls for government to open industry up to competition.