World Bank News Monitoring

Guyana losing big by failing to implement World Bank US$20M Project

Aug 16, 2022 News Kaieteur News – In highlighting some of the benefits of the US$20M World Bank loan which was secured by Guyana in 2019, the institution posited that the smallest effort made by the country to improve its oil and gas management capacity …

Renewed Ukraine grain exports helping lower food prices, World Bank economist says

The resumption of shipments from Ukraine is helping drive down the cost of grain, with wheat prices expected to stabilize should trade continue to flow smoothly from the country’s Black Sea ports, World Bank Senior Agriculture Economist John Baffes told …

World Bank decries Nigeria’s N6.7trn yearly fuel subsidy

...says country facing existential threat   The World Bank, on Wednesday, again raised the alarm that Nigeria was currently on life-support with death imminent if it chooses to sustain the current subsidy on premium motor spirit, popularly called petrol. …

Nigeria’s job crisis is far worse than what the unemployment rate shows — World Bank

“Increasingly, educated Nigerians are struggling to find employment opportunities in the country. While unemployment rates have increased substantially for Nigerians across all education levels over the years, it has become progressively challenging for …

Natural disasters cost Morocco over $575 million every year – World Bank Report

Morocco is among the countries most exposed to geological and climate-related hazards in the Middle East and North Africa (MENA) region, says the World Bank in a recently-published report, noting that although Morocco does not contribute as much to climate …

Nigeria’s Financial Debt To World Bank Up By $660m

Nigeria’s overall debt to the World Bank Group increased by $660 million in the first six months of 2022, This is based on data from both the Debt Management Office (DMO) and the World Bank’s financial filings. Nigeria’s debt to the Washington-based bank …

World Bank partners with Palestinian Authority to achieve long-term development goals

RAMALLAH: The World Bank stated that it is working with the Palestinian authorities to raise the economic growth rates based on a long-term development program. Country Director for West Bank and Gaza, Kanthan Shankar, said that the bank has numerous …

Government to accept Rs 12.7 billion DPC provided by World Bank

Kathmandu, Aug 14: The government has decided to accept around Rs 12.7 billion ($100 million) development policy credit (DPC) provided by the World Bank to improve the enabling environment for Nepal's green, climate-resilient and inclusive development …

Government to accept Rs 12.7 billion DPC from World Bank

The government has decided to accept around Rs 12.7 billion ($100 million) development policy credit (DPC) provided by the World Bank to improve the enabling environment for Nepal's green, climate-resilient and inclusive development pathway. Similarly, …

Nigeria’s debt to World Bank rises by $660m

The total debt owed to the World Bank Group by Nigeria rose by $660m in the first six months of 2022, the Punch has learnt. This is according to data from both the Debt Management Office and the financial statements of the World Bank. According to data …

World Bank seeks review of Kenya healthcare financing

Man gets Covid-19 shot. The World Bank has proposed adjustments to Kenya’s health financing model, among them a review of the removal of user fees in hospitals. The lender says in a new document that while the model of financing is meant to reduce out-of- …

World Bank Applauds Climate Resiliency Program in Morocco>

The World Bank has lauded the results of its Morocco Integrated Disaster Risk Management and Resilience Program, explaining that it insures close to 9 million people against bodily injury as a result of climate change.

Focus on Africa's 20 low-income countries according to the World Bank

The high-income countries have a GNI per capita of at least $12,696, while the upper middle-income countries have a GNI per capita of at least $4,096. Also, the GNI per capita in lower-middle-income countries stands at between $1,046 and $4,095, while low- …

GUYANA-ECONOMY- Finance Minister hails multi-million dollar agreement with World Bank

World Bank suggests kwacha re-alignment

The World Bank says further re-alignment of the kwacha could help government deal with the country’s current economic woes. In an interview on Wednesday this week, the bank’s acting manager in the country Efrem Chilima, said Malawi may need to consider …

Guyana borrows US$44M from World Bank for education project

Aug 13, 2022 News Kaieteur News – The Government of Guyana (GoG) on Friday said it signed a US$44 million loan agreement with the World Bank, to strengthen the country’s human capital through an education project. [from left] Minister of Education, Priya …

US$44m loan signed with World Bank to boost human capital

The Government of Guyana today signed a US$44 million loan agreement with the World Bank as part of the Strengthening Human Capital through Education Project. The Ministry of Education said that the project focuses on the expansion of access to quality …

Guyana inks US$44 Million loan agreement with World Bank to boost education programme

 The Government of Guyana today signed a US$44 million loan agreement with the World Bank as part of the Guyana Strengthening Human Capital through Education Project. According to the Ministry of Education, the project focuses on the expansion of access to …

Petrol subsidy: Uzodimma counters World Bank, says Nigeria trusts CBN for sound economic policies

Hope Uzodimma, governor of Imo, says the country will continue to rely on the Central Bank of Nigeria (CBN) to secure the country’s economy. Uzodimma said this on Friday while speaking with state house correspondents after meeting with President Muhammadu …

Indiana Center for Recovery Unveils BrainsWay Deep TMS™

Mental Health and Addiction Treatment Center Debuts Innovative Treatment for Mishawaka Patients SOUTH BEND, INDIANA, UNITED STATES, August 16, 2022 /⁨EINPresswire.com⁩/ -- Indiana Center for Recovery Unveils BrainsWay Deep TMS™ Mental Health and …

Mutual Capital Investment Fund Announces $56.25 million Capital Commitment

Mutual Insurance Industry to Benefit with Access to Growth Capital WYALUSING, PENNSYLVANIA, UNITED STATES, August 16, 2022 /⁨EINPresswire.com⁩/ -- Mutual Capital Investment Fund (“MCIF” or the “Fund”) is pleased to announce that it has received a …

Akemona Expands Its Regulations-Compliant Tokenization Platform for Real Estate Offerings

Akemona, an asset tokenization platform, announced collaboration with real-estate firms. FREMONT, CALIFORNIA, UNITED STATES, August 16, 2022 /⁨EINPresswire.com⁩/ -- Akemona, Inc., an SEC-registered, FINRA-member funding portal and asset …

WealthBlock Integrates with Fortress Blockchain Technologies to Provide End-to-end Investor Management Platforms

WealthBlock and Fortress join forces to provide a one-stop platform for fund managers, wealth managers, and tokenizers to streamline investor management. CHICAGO, IL, UNITED STATES, August 16, 2022 /⁨EINPresswire.com⁩/ -- WealthBlock Inc, a …

Dr. Helen Ann Britton To Head Media Advisory Services For Bankers Capital International

NEW YORK, NEW YORK, USA, August 16, 2022 /⁨EINPresswire.com⁩/ -- Bankers Capital International, a financial services and advisory firm, based in New York City, today announced that Dr. Helen Ann Britton has joined its team to head Media Advisory …

For the 2nd time, Cobra Legal Solutions makes the Inc. 5000 List

Cobra Ranks 2,097 on the Inc. 5000 list With Three-Year Revenue Growth of over 400% AUSTIN, TEXAS, USA, August 16, 2022 /⁨EINPresswire.com⁩/ -- On August 16, 2022, Inc. magazine revealed that Cobra Legal Solutions is in the top half of its annual …

Veego Augments Senior Leadership Team as Connected Home Analytics Become Central to the Customer Experience

Company appoints Chief of Operations, VP of Product Development, and VP of Sales to advance connected home insights for CSPs NEW YORK CITY, NEW YORK, UNITED STATES, August 16, 2022 /⁨EINPresswire.com⁩/ -- Veego Software, the world leader in …

Sampford Advisors represents Kinaxis on its acquisition of MP Objects (MPO)

The transaction deepens the tech-focused investment bank’s experience in the supply chain technology space OTTAWA, ON, CANADA, August 16, 2022 /⁨EINPresswire.com⁩/ -- Sampford Advisors, a boutique investment bank focused exclusively on mid-market …

EvidenceCare Named as an Inc. 5000 Fastest Growing Company in 2022

EvidenceCare was included in the 2022 Inc. 5000 list of fastest growing companies in America ranking No. 1028 overall and No. 57 in health services. NASHVILLE, TN, USA, August 16, 2022 /⁨EINPresswire.com⁩/ -- Today, Inc. revealed that EvidenceCare …

AI and Advance Machine Learning in BFSI Market Outlook, Size, Status, and Forecast to 2030 | BigML, Cisco Systems

OREGAON, PORTLAND, UNITED STATES, August 16, 2022 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, “AI and Advance Machine Learning in BFSI Market By Component (Solution and Services), Deployment Model (On-premise and …

Accounting & Budgeting Software Market Segmentation and Competitors Analysis Report 2030| Vena Solutions, Wave Financial

OREGAON, PORTLAND, UNITED STATES, August 16, 2022 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, “Accounting & Budgeting Software Market by Offering (Solution, Services), by Type (Accounting Software, Budgeting …

Financial Consulting Software Market | Industry Trends SWOT Analysis by Top Companies – Deloitte, eMoney Advisor

OREGAON, PORTLAND, UNITED STATES, August 16, 2022 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, “Financial Consulting Software Market by Offering (Software, Service), by Deployment Model (On-premise, Cloud), by …

Farm Bureau Bank Appoints Chad Whittemore to Lead Its Western North Carolina Region Commercial Banking Team

NORTH CAROLINA, USA, August 16, 2022 /⁨EINPresswire.com⁩/ -- Farm Bureau Bank announced they are expanding their Commercial Banking team to the Western North Carolina market and have named Chad Whittemore as their Market Executive for the region. …

Farm Bureau Bank Names Scott Jenkins Commercial Banking Market Executive for the Western Virginia Region

VIRGINIA, USA, August 16, 2022 /⁨EINPresswire.com⁩/ -- Farm Bureau Bank announces the addition of Scott Jenkins as the Western Virginia Market Executive, expanding the bank’s Commercial Banking team. In his new role, Jenkins will strive to provide …

Europe Cryptocurrency Exchanges Market Size, Share, Growth, Demand, Opportunities And Forecast To 2030

The global Europe Cryptocurrency Exchanges market is anticipated to gain a Forecast Value of $ 24,700.2 Mn, from $ 5,165. Mn, indexing a CAGR of 16.9% NEW YORK, NY, UNITED STATES, August 16, 2022 /⁨EINPresswire.com⁩/ -- The global Europe …

Celebrus Releases World’s First No-Party Data Technology

Celebrus CX Vault will allow customers to keep their information private and brands to deliver the relevant messages that customers expect in real-time. D4t4 Solutions Plc (AIM:D4T4) CARY, N.C. AND, SUNBURY-ON-THAMES, U.K., August 16, 2022 /⁨ …

In Collaboration With The Afroseas, The Popular HK Based Rapper Jiggie Boy Became The First Asian To Do Afrobeats

This once in a generation collaboration resulted in the hit single 'To The Boat' HONG KONG, August 16, 2022 /⁨EINPresswire.com⁩/ -- The Afroseas is the most popular afrobeat group in Asia. It was formed by Trisyo from Rwanda and Supa …

The Next Generation of DataParser is now in Development

17a-4 announces work has begun on DataParser 8. This next major version will have new security, reporting, analysis and interface features. MILLBROOK, NY, US, August 16, 2022 /⁨EINPresswire.com⁩/ -- 17a-4’s leading connector solution to collect …

Upcoming Black Entrepreneurs To Look Out For In 2023

CHARLOTTE, NC, UNITED STATES, August 16, 2022 /⁨EINPresswire.com⁩/ -- McGee Company Jewelry of North Carolina became known all over the world very quickly. The company, which was started in North Carolina, gets ideas from its long history. Amazing …

ACX selects Eventus as partner to introduce first comprehensive market surveillance program for Voluntary Carbon Market

Validus platform also to support ACX derivatives market when launched SINGAPORE, August 16, 2022 /⁨EINPresswire.com⁩/ -- Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, and AirCarbon Exchange ( …