Tag Archives: World Bank Group

World Bank Group: Latest News

  • World Bank Boosts African Startups With Business Acceleration Initiative

    Start a business By Peter Pedroncelli, 5:36 am

    The World Bank Group has committed to supporting the growth of Africa’s digital economy with the launch of XL Africa, a business acceleration initiative that will provide a raft of benefits for the 20 most promising startups in sub-Saharan Africa over the next five months. African digital entrepreneurs will have an opportunity to be mentored by various global specialists, increase their visibility on the continent and receive access to corporate partners and investors.

  • Scorecard Points Out Key Barriers To Investing In East Africa

    By Isaac Mwangi, 4:34 am AFKI Original

    For the first time, a new scorecard offers investors the opportunity to assess the attractiveness of individual East African countries in allowing free movement of capital, services and goods. The inaugural report, “East African Common Market Scorecard 2014: Tracking EAC compliance in the movement of capital, services and goods,” tracks the progress of the five partner states of the East African Community in fulfilling their commitments under the Common Market Protocol.

  • World Bank: Record Aid To Africa Hits $14.7B

    By Dana Sanchez, 11:35 am

    World Bank Group committed a record $14.7 billion in aid to Africa in 2012-2013, with an increasing focus on conflict-ridden areas of the Sahel and the Great Lakes regions, according to a Wall Street Journal report. “The region has shown remarkable resilience in the face of a global recession and continues to grow strongly,” World Bank Vice President Makhtar […]

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