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Tag: World Bank report
Libyan economic loss in 10 years reached $600 billion, World Bank says
A World Bank report released this week estimated that Libya's economy suffered losses amounting to $600 billion over the past decade, calculated at 2015 constant ... Read More
‘Historical reversal’: World Bank warns of widening gap between poorest and wealthy nations
One-half of the world’s 75 poorest countries — more than half of whom are in Sub-Saharan Africa — are facing a widening income gap with ... Read More
African economy to grow 3.4% in 2024, World Bank
African economy is expected to grow by 3.4% this year and 3.8 in 2025, said the World Bank, noting that the rate was not enough ... Read More
Increased connectivity in Africa to facilitate job creation, poverty reduction — World Bank report
Only 22% of the population in sub-Saharan Africa had access to mobile internet services at the end of 2021, says a recent report by the ... Read More
Poor transport Infrastructure in Africa hinders trade growth — World Bank report
High transport costs across Africa continue to hinder regional integration on the continent since large-scale transport infrastructure investments require huge investments, according to a recent ... Read More
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 ... Read More
Algeria’s hysterical response to World Bank report
Algeria’s military regime has hit a new low in its response to a World Bank report warning of worsening poverty and bleak economic prospects in ... Read More
Morocco, third destination for remittances from African diaspora in 2021 – World Bank
The kingdom of Morocco is expected to receive $9.3 billion this year in terms of remittances from Moroccan expatriates, representing the third largest on the ... Read More