World Bank

We Have To Dredge Korle Lagoon To End Perennial Flooding – Mayor Of Accra | General News

The Mayor of Accra, Mohammed Adjei Sowah has said, the Accra Metropolitan Assembly (AMA) have enough measures in place to manage the perennial flooding in the capital especially the Odawna area. According to him, the perennial flooding has minimized due to the measures adopted by the assembly. He was reacting to the flooding in some parts of Accra including Taifa, Kaneshie, Adenta, Amasaman, and Adabraka Sahara after few hours of a heavy downpour Monday evening. He told the media after…

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SA will suffer load shedding until Eskom monopoly is broken, says Mmusi Maimane

The country faces further risks of load shedding by Eskom unless its monopoly over energy generation is broken and a greater role is given to independent power producers. This is the view of DA leader Mmusi Maimane and the party’s spokeswoman on public enterprises, Natasha Mazzone, who held a media briefing on Monday to discuss the crisis at the utility. Eskom has warned that there is a risk of load shedding over the next 10 days as it ramps up…

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CUV Ventures Corp. Begins negotiations with Top 40 World Ranking Bank To Enable South American RevoluPAY® Remittance Deliveries – World Bank News Today

CUV Ventures Corp. Begins negotiations with Top 40 World Ranking Bank To Enable South American RevoluPAY® Remittance Deliveries – World Bank News Today – EIN News Trusted News Since 1995 A service for banking industry professionals · Tuesday, June 19, 2018 · 452,246,205 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools Press Releases Events & Conferences Source link

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Treasury to disclose info on public private partnership deals

The National Treasury will be disclosing to members of the public, media, civil society and other interested parties key project data on Public-Private Partnerships (PPPs) deals signed in the country. This was announced Tuesday by National Treasury CS Henry Rotich when he launched the PPP Projects Disclosure Portal, a website portal that will provide timely data on the infrastructure investment deals with the private sector. The new portal is available on the linkwww.pppunit.go.ke/disclosure portal. “As we partner more with the…

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India’s deadly ‘new normal’: How disruptive weather is shaking the $2.3 trillion economy

In recent months, dust clouds and storms have killed hundreds of people, destroyed thousands of homes and farmers’ crops and led to flight cancellations. Deadly dust storms sweeping over the densely-populated north Indian plains are part of a “new normal” of disruptive weather events worsening the country’s already-lethal air pollution and causing disruption in the $2.3 trillion economy. In recent months, dust clouds and storms have killed hundreds of people, destroyed thousands of homes and farmers’ crops and led to…

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Research shows Ramaphosa is right – South Africans do want land reform

2018-06-19 08:47 Mikhail Moosa New research from the Institute for Justice and Reconciliation (IJR) shows most South Africans believe land reform is important to address inequality and further the reconciliation process.  The findings, released ahead of a series of public hearings organised by Parliament’s constitution review committee on “land expropriation without compensation”, suggests South Africans believe there are both economic and social benefits to land reform.  President Cyril Ramaphosa believes accelerated land redistribution could benefit the economy. On the other…

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Editorial: A need to combat climate change through green hotels

Artist’s impression of the planned Wyndhm Silkroad Ark Hotel. The international community is now, we hope beginning to take notice of the effect of climate change in the Asia Pacific region. Particularly, for tourism. The 30th Joint Commission for East Asia and the Pacific-Commission for South Asia Meeting and Regional Seminar on Tourism, Climate Change, Biodiversity & Sustainable Development of the United Nations World Tourism Organisation revealed the need to combat climate change. One of the major topics, that…

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LASU VC raises red flag

Worried by what he described as commodification of education in Nigeria, the Vice-Chancellor of Lagos State University (LASU), Prof. Olanrewaju Fagbohun has raised the alarm and offered solutions to halt the drift        …queries First Class awards by private varsities     To the Vice-Chancellor of Lagos State University (LASU), Prof. Olanrewaju Fagbohun, the current structure of Nigeria’s tertiary education, especially the heavy reliance on certificates as against the culture of proficiencies, skill acquisition and competencies, calls for a…

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The World Bank Approves Loan to Improve Access to and Quality of Healthcare Services in Bolivia – Bolivia (Plurinational State of)

WASHINGTON, June 14, 2018 – The World Bank Board of Directors approved a US$ 300 million loan today to improve access to and quality of healthcare services for 3.8 million Bolivians. The goal of the project is to implement a comprehensive hospital management system through networks, complemented by training of healthcare professionals and the construction and equipping of 10 hospitals. “The work that the World Bank does with the Government of Bolivia reflects a strategic partnership based on the shared objective…

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Caribbean’s ability to address climate risks boosted by increase in funds

WASHINGTON, Jun. 17, CMC – The Inter-American Development Bank (IDB) says an increase of more than 20 per cent from the previous year by the world’s six largest multilateral development banks (MDBs) has boosted projects that help the Caribbean and other developing countries cut emissions and address climate risks. The Washington-based financial institution said climate financing by the MDBs rose to a seven-year high of US$35.2 billion in 2017, up more than 20 per cent from the previous year. The MDBs’ latest…

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Are Refugees Located Near Urban Job Opportunities? – World

An Analysis of Overlap Between Refugees and Major Urban Areas in Developing Countries, and Implications for Employment Opportunities and MNC Engagement Cindy Huang and Jimmy Graham Executive summary With over 22 million refugees around the world, displaced on average for over 10 years, policymakers are looking for more sustainable solutions to refugee crises.[1] One promising approach is to expand economic opportunities for refugees in developing countries, which host 85 percent of the world’s refugees.[2] In recent years, governments, donors, and…

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UN chief, WB president to visit Rohingyas

United Nations Secretary General Antonio Guterres and World Bank Group President Jim Yong Kim are likely to visit Rohingya refugee camps in Cox’s Bazar soon, Finance Minister AMA Muhith said yesterday. They may arrive in Bangladesh on June 30 for a two-day official visit, according to officials. During the spring meeting of the WB in Washington in April, Jim Yong Kim hinted that he would probably visit Bangladesh, Muhith told reporters at his secretariat office. The WB chief may announce…

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Back to Pax Americana? – Opinion

Share on facebook Share on twitter U.S. President Donald Trump gestures while addressing a joint news conference with Nigeria’s President Muhammadu Buhari in the Rose Garden of the White House in Washington, US, April 30, 2018.. (photo credit: KEVIN LAMARQUE/REUTERS) Two great powers are now challenging the position of the United States as the world’s leading power. As a powerful economy with global ambitions, China has invested billions of dollars to increase its soft power. Due to…

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$100m boost for Tema Port project

Business News of Monday, 18 June 2018 Source: dailyguideafrica.com 2018-06-18 Plans are being made to construct an ultra-modern port facility at the Tema Port The Meridian Port Services Limited (MPS) has taken delivery of the first financing package of the required financing to execute the Tema Port expansion project. An amount of $100 million from the $667 million project financing package arranged by the International Finance Corporation (IFC), a member of the World Bank Group, has been received by…

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On free and fair trade

  The distinguished English writer of the 20th century W. Somerset Maughan in his book The Summing Up said among other things that he had come across men who had brought prosperity to big companies but that in anything not concerned with their business, they lacked even common sense. Whenever I read this, I try to think how much it applied to President Donald Trump of United States (US). Not only is he a billionaire in dollars, but he also…

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World Bank approves 50 mln USD for Kenya’s small enterprises – Africa – Angola Press

NAIROBI, June 18 (Xinhua) — The World Bank said on Monday that it has approved 50 million U.S. dollars for a project to increase scale innovation and productivity amongst Kenya’s small enterprises. Diarietou Gaye, World Bank Country Director for Kenya, said the Kenya Industry and Entrepreneurship project (KIEP) is expected to benefit some 33,050 individuals and 2,393 firms. “We are partnering with Kenya as it works to improve its human capital, technology and knowledge outputs,” Gaye said in a statement…

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