Kenya’s unemployment rate will worsen in 2024 compared to last year, an assessment by the World Bank has shown, reflecting a tough economic environment that has been characterised by a slowdown in business activity and hiring freezes. In a new report, the World Bank has put the un...
A statistic that received a fresh airing this week was one from theWorld Bank in 2016 that worked out that the price of cement in Africa was on average 183% higher than the global average. It popped up in a news article about the expanding Nigerian cement industry but it applies to the ...
While Barclays recently revised upward its China GDP forecast from 4.4 percent to 5 percent, the World Bank readjusted its expectations from 4.5 percent to 4.8 percent.巴克莱银行最近将其对中国GDP增速的预期从此前的4.4%上调至5%，世界银行则将其预期从此前的4.5%上调至4.8%。China's econ...
Around 16.5% of the nearly $15 billion the bank awarded via contracts went to just 10 contractors — a mix of state-owned companies, private organizations, and multilaterals.By Miguel Antonio Tamonan // 22 July 2024 Since its inception in 1944, the World Bank has grown to become one of ...
The World Bank joined the United States in imposing sanctions against Uganda over the anti-homosexuality law. Uganda dismissed the move by the World Bank as unjust and hypocritical.[121] 【参考译文】2023年8月9日,世界银行宣布暂停向乌干达提供新贷款,理由是乌干达在2023年5月颁布的新反同性恋法案与...
China is gearing up to launch its Shenzhou-18 and 19 crewed missions in 2024, and the training of the selected astronaut crew is underway. The People's Bank of China is breaking down barriers in financial transactions by calling for collaborative efforts to streamline payment processes for ...
Cash and bank balances of US$7.9 billion as at 31st December 2024 #Net cash represents cash and bank balances deducted by total debt. Details OOIL Financial Results – Full Year and Second Half of 2024 Orient Overseas (International) Limited (“OOIL") today announced a profit attributable to ...
LONDON (AP) — The World Bank says Ukraine's economy will shrink by 45.1% this year because of Russia's invasion, which has shut down half of the country's businesses, choked off imports and exports, and damaged a vast amount of critical infrastructure. Unprecedented financial and...
World Bank Approves $1 Billion Loan to Kenya More Reuters A view shows the Nairobi Expressway undertaken by the China Road and Bridge Corporation (CRBC) on a public-private partnership (PPP) basis, in Nairobi, Kenya May 8, 2022. REUTERS/Thomas Mukoya/File Photo NAIROBI (Reuters) - The Wor...
CBS News has asked X to comment on the World Bank's withdrawal of paid advertising from the platform but had not received a reply by the time of publication. The account has shared dozens of antisemitic and racist posts over the course of the past week alone, and CBS News found promoted...