World News

Japan chooses AfDB to implement bold new infrastructure plan for Africa

August 27, 2016/AfDB Visiting Japanese Prime Minister Shinzo Abe has announced a bold new African infrastructure plan worth US $10 billion over the next three years to be implemented by the African Development Bank (AfDB), raising the stature of the Abidjan-based financial institution in achieving Africa’s development. The infrastructure investment […]

Four World Bank Officials Drown In Ekiti Dam

Culled—The Will August 25, 2016/NAN Four World Bank officials had been drowned at Egbe Dam in Egbe Ekiti, Gbonyin Local Government Area of Ekiti State, the News Agency of Nigeria (NAN) reports. Mrs Folasade Akinrinmola, the chairman of the council and the state police command confirmed this development to newsmen […]

IMF Mission Visits Suriname for First Review of Stand By Arrangement

August 19, 2016/IMF An International Monetary Fund (IMF) staff mission, led by Mr. Daniel Leigh, visited Paramaribo from August 8 to 18, to initiate discussions on the first review under Suriname’s Stand-By Arrangement (SBA) with the IMF. At the conclusion of the visit, Mr. Leigh issued the following statement: “The […]