Tag: World Bank
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Exclusive: World Bank denies Uganda bias, explains gay law decision
The World Bank has denied bias in its decision to halt further lending to Uganda over the country’s anti-LGBTQ law.
Last week, the lender announced...
World Bank suspends lending to Uganda over anti-LGBTQ law
The World Bank says it is suspending financial assistance to the Ugandan government after the African nation approved a stringent anti-homosexuality law.
The decision comes...
World Bank cuts Nigerian economy growth forecast again
Nigerian economy will grow at a slower pace in 2023 than projected six months ago, the World Bank says.
Low oil production, foreign exchange restrictions,...
One chart shows Nigeria’s trade indicator loss under Buhari
Nigeria last year recorded an improvement in its Logistics Performance Index, a measure of countries’ ability to move goods across borders with speed and...
U.S. picks ex-Mastercard CEO Banga as new World Bank president
The United States government has nominated Ajay Banga, a former chief executive of Mastercard, to be the next president of the World Bank.
The nomination...