Tag: InvestAdvocate

IMF cuts global growth forecast, warns of prolonged stupor

The International Monetary Fund trimmed its forecasts for global output on Tuesday for the sixth time since early last year, saying stronger growth in most advanced economies would fail to make up for a more sluggish expansion in the developing world. Prospects for emerging markets, long the engine of the […]

Dangote to chair World Economic Forum

President, Dangote Group, Aliko Dangote, has been appointed a co-chair of next year’s annual meeting of the World Economic Forum in Davos-Kloster, Switzerland. The Executive Chairman, World Economic Forum, Prof. Klaus Schwab, in a letter inviting the business mogul to co-chair the sitting, said the WEF was of the belief […]

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 […]