September 18, 2014 by iMFdirect By Sweta Saxena 1. Are emerging markets slowing down? Yes. They have been slowing down for some time now. GDP growth has declined from 7 percent during the pre-crisis period (2003-8) to 6 percent over the post-crisis period (2010-13) to 5 percent, in our projections, […]
World News
World Bank Approves $105 Million to Fight Ebola in Guinea, Liberia, Sierra Leone
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The World Bank Group (WBG) on Tuesday announced the approval of $105 million to help fight the dreaded Ebola virus disease (EVD) in the West African nations of Guinea, Liberia and Sierra Leone. According to the World Bank, the grant is to help families and […]
Lafarge, Wartsila, IFC plans 220 MW Nigeria power plant to cost $400 mln
* Lafarge to scale up existing power plant in Nigeria * Nigeria reforming power sector to end blackouts (updates with project cost, quote) Lafarge Africa, Finland’s Wartsila and the World Bank’s IFC have agreed to build a 220 megawatt (MW) gas-fired power plant in Nigeria to boost electricity supplies, at […]
