Strict foreign exchange policy hindering Nigeria's economic recovery – World Bank - TheNewsGuru

The World Bank has said that the Central Bank of Nigeria's restrictions on access to foreign exchange is responsible for the country's slow economic recovery. The World Bank, in the latest Africa Pulse report, a biannual analysis of African economies ...

World Bank cuts 2017 growth outlook for sub-Sahara Africa - Financial Times

The World Bank cut its growth outlook for sub-Saharan Africa on Wednesday, warning that the pace of recovery in the continent's largest economies has been slowed by insufficient policy responses to the commodity price crash that sparked fiscal crises.

Urbanisation, is key to Africa's economic diversification – World Bank Africa economist - Naija247news

The fall in commodity prices has posed a significant shock for the countries in Africa, newly appointed Chief economist for Africa Region at the World Bank, Albert Zeufack says the continent is in a critical moment which should be seen as an opportunity.

World Bank lowers growth outlook for sub-Saharan Africa - Business Day (registration)

Washington — The World Bank cut its growth projection for sub-Saharan Africa this year because of weak expansion in the region's three biggest economies, with low investor confidence in SA an issue. The region's gross domestic product (GDP) will ...

World Bank puts Africa's 2017 growth at 2.6% - Citifmonline

The World Bank has revealed that economic growth in Sub-Saharan Africa is rebounding this year after registering the worst decline in more than two decades last year. According to the latest Africa's Pulse, which is the World Bank's bi-annual analysis ...

World Bank sees sub-Saharan Africa GDP growth up in 2017 after poor 2016 performance - Ahram Online

Economic growth in sub-Saharan Africa is seen rising between this year and 2019, helped by better commodity prices and improved global conditions, the World Bank said in a report on Wednesday. The bank said in its latest "Africa's Pulse" report ...

Nigeria needs reforms to hedge against future FX crisis -World Bank Africa economist - Nasdaq

ABUJA, April 19 (Reuters) - Nigeria needs to reform its finance to ensure it can hedge against any future currency crisis, the World Bank chief economist for Africa said on Wednesday. Albert Zeufack said currency adjustments could lead to higher ...

Home Africa Investing World Bank sees sub-Saharan Africa GDP growth rising to 2.6 pct in... - Naija247news

DHAKA, BANGLADESH – OCTOBER 18: World Bank president Jim Yong Kim attends a press briefing on October 18, 2016 in Dhaka, Bangladesh. Yong Kim said the bank would invest $2 billion in the next three years for climate change projects. This is his ...

Nigeria edging out of recession - World Bank - Daily Post Nigeria

Economic growth in Nigeria and some Africa counties is rebounding in 2017 after registering the worst decline in more than two decades in 2016, according to the new Africa's Pulse, a bi-annual analysis of the state of African economies conducted by the ...

Sub-Saharan Africa 'looking up' - Times LIVE

The International Monetary Fund yesterday forecast 2.6% economic growth in sub-Saharan Africa this year, aided by a modest recovery in the continent's largest economies, those of South Africa, Nigeria and Angola.

Sub-Saharan Africa economy predicted to grow 2.6 pct this year: IMF - Xinhua

Photo taken on Jan. 11, 2017 shows the first batch of locomotives for the Mombasa-Nairobi standard gauge railway in Mombasa, Kenya. Kenya has received six locomotives from China, which will run on a China-funded standard gauge railway (SGR) due to ...

Survey Says: Kenya Has The Highest Number Of Millennials Betting On Sports - Konbini

No doubt, sports betting is common in Nigeria, but a recent survey has shown that Nigerian millennials have nothing on their Kenyan counterparts when it comes to gambling. The survey which was conducted by Geopoll revealed that, in sub-Saharan Africa, ...