By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The World Bank Group Wednesday said it has set an interim target to reduce global poverty to 9 percent (9%) by 2020, which, if achieved, would mark the first time the rate has fallen into the single digits. According to Jim Yong Kim, President of […]
Tag: Africa
World Poorest People to live in Africa by 2030-World Bank
By Peter OBIORA InvestAdvocate The World Bank Group Monday said that most of the world’s poorest people by 2030 will live in Africa according to Africa’s Pulse a twice-yearly analysis of the issues shaping Africa’s economic prospects. The World Bank in its Africa’s Pulse said as Africa’s growth rates continue […]
EC, IMF Contributes €20 Million to RTACs in ACP Regions
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The European Commission (EC) and the International Monetary Fund (IMF) Friday said they have signed €20 million contribution to the Regional Technical Assistance Centers in Africa, Caribbean and Pacific Regions. According to Nemat Shafik, Deputy Managing Director (DMD) at the IMF, on October […]
