World Bank President Ajay Banga said boosting access to electricity is the key to unlocking the demographic dividend in the world’s youngest continent.
World Bank President Ajay Banga said boosting access to electricity is the key to unlocking the demographic dividend in the world’s youngest continent. Banga laid out a plan in which the World Bank, International Monetary Fund,
A new exhibition at Louvre Abu Dhabi is exploring a thousand years of African history through the lens of the continent’s royalty. Kings and Queens of Africa: Forms and Figures of Power opened to the public on Wednesday and will be running until May 25.
The document examines the multi-dimensional inequality in Sub-Saharan Africa, highlighting economic, social, political, and environmental disparities fueled by weak governance, gender inequities, and systemic challenges.
Sub-Saharan Africa is grappling with a growing education crisis fueled by chronic underfunding and inequitable spending, both domestically and internationally.
A sudden appreciation in several African currencies, such as the Nigerian naira and Tanzanian shilling, allowed telecom provider Airtel Africa to post a $133 million net profit in the third quarter (October-December) of FY25 on Wednesday. Attributable to the owners of the company, this compares to a net loss of $6 million in Q3FY24.
Reliance on Russia’s military offerings has become increasingly prevalent in parts of Africa, amid an aggressive push by Moscow to lessen Western influence on the continent.
Dar es Salaam will host a major energy summit the 27 and 28 January, drawing governments, development finance institutions and the private sector together to tackle Africa’s immense power infrastructure deficit.
Sub-Saharan African countries should be given more financial and technical support to cope with climate change disasters, so that they can continue to spend funds on economic development.
The World Bank Group is partnering with the African Development Bank and other partners on Mission 300, an ambitious initiative to connect 300 million people to electricity in Sub-Saharan Africa by 2030. Mission 300 aims to accelerate the pace of ...
"World Bank and AfDB outline $40bn power finance terms for Africa" was originally created and published by Power Technology, a GlobalData owned brand.
The Trump administration's order to stop all foreign aid has immediately affected people with HIV/AIDS. Clinics around the world rely on U.S. funds to provide treatments to those battling the disease.