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Tag: WB report
Remittances from African diaspora grew in 2023, set to exceed $100bn in 2024
Global remittances from African diaspora to their home continent are set to exceed $100bn a year amid demographic trends in Europe such as an aging ... Read More
Efficient ports are key to Africa’s future economic success
While the ability to export products or import inputs efficiently will be key to helping African countries engage more comprehensively with global trade, a new ... Read More
Egypt, Nigeria, South Africa slowing down Africa’s growth, says World Bank
A new report by World Bank has highlighted the underperformance of Egypt, Nigeria, South Africa and other African big economies, saying they are slowing down ... Read More
Air pollution costs MENA region $141 billion annually, WB warns
The Middle East and North Africa region (MENA) suffers from excessive air pollution whose cost amounts to $141 billion annually, or around 2% of GDP, ... Read More
Morocco seized COVID-19 crisis as an opportunity to accelerate reforms – World Bank says
Morocco managed to use the Covid-19 context as an opportunity to accelerate reforms by launching policies to address inequities and resolve some of the obstacles ... Read More