The Mozambican Petroleum Importer (IMOPETRO) is looking for a new company to supply and transport approximately 1,150 thousand metric tons of refined petroleum products to the country via the ports of ...

Report notes that loan defaults in Africa decreased by 13 percent in 2023 to $129.9 billion, attributed to debt restructuring ...

The World Bank has released its latest list of top borrowers in Africa, with Kenya ranking fourth among the continent’s ...

The International Development Association (IDA, 159 members in 1997), which provides ... Human distress was already immense in Mozambique before the floods. According to the World Bank, 70% of ...

Despite their current challenges, most analysts believe that developed economies will avoid a full-blown crisis, owing to ...

By contrast, the outlook for emerging and developing economies appears increasingly bleak. In 2023, developing countries ...

The capitalist system and its institutions have fully integrated climate change into their mental software and suggest false ...

Many African countries are struggling with debt levels, as reflected in their debt-to-GDP ratios. This crucial metric shows ...

The CERP is one of the World Bank’s contingent financing mechanisms in the enhanced Crisis Preparedness and Response Toolkit (CPRT), available to the Government of Mozambique (GoM) to gain rapid ...

WASHINGTON, December 19, 2024 – The World Bank will be significantly scaling up its support for Ethiopia’s financial sector thanks to a newly approved $700 million credit from the International ...

Personnel will be key to determining policy, and much is still unknown, but experts say to expect a transactional, ...