Tag: Wolrd Bank

Mozambique to Host South Africa Energy, Infrastructure Summit

March 3, 2016/EnergyNet Ltd Gigawatt Mozambique announced this week a $200-million investment into Mozambique’s power sector, alongside several global stakeholders including Standard Bank and the World Bank, amongst many others. The investment will assist in harnessing Mozambique’s natural-gas resources, which will further benefit many of Mozambique’s neighbours in the southern Africa region. This – along with […]

World Bank Exposes Corruption In Nigerian Business Climate …Says 80% Of Businesses Pay Bribes

The report of a World Bank study (conducted in 26 states) released on Monday has indicated that about 80 per cent of businesses in the country paid bribes to government officials in 2011 to stay in business. According to the report, World Bank’s 2011 report on investment climate in Nigeria, […]