World News

Multilateral Development Banks Deepen Collaboration to Deliver as a System

©IADB Image Credit: EBRD April 22, 2024/EBRD Joint statement by the leaders of 10 multilateral development banks The leaders of 10 multilateral development banks (MDBs) today announced joint steps to work more effectively as a system and increase the impact and scale of their work to tackle urgent development challenges. […]

EBRD and World Bank Group Commit to Scale Up Collaboration

Image Credit: EBRD April 22, 2024/EBRD EBRD, WBG seek to enhance cooperation with MOU Key focuses are climate, connectivity, Ukraine and private sector Institutions to further engage on common goals, joint projects The European Bank for Reconstruction and Development (EBRD) has signed a memorandum of understanding (MOU) with the World […]

IMF Forecasts Continued Decline in 2024 Inflation

April 16, 2024 By Kelechukwu Mgboji, with Agency Report Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) anticipates a further easing of inflation beyond initial expectations, though cautioning that the battle against inflation remains ongoing. Kristalina Georgieva, Managing Director of the IMF, speaking at the China Development Forum (CDF) 2024 hosted by […]