Tag: World Bank

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 […]

World Bank cuts China, East Asia growth forecasts

The World Bank lowered its 2013 and 2014 economic growth forecasts for China and most of developing East Asia on Monday, citing slower growth in the world’s most populous nation as well as weaker commodity prices that have hurt exports and investments in countries such as Indonesia. “Developing East Asia […]

Effective Risks Management Panacea to End Poverty-World Bank Report

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Effective risks management is a critical ingredient in the fight to end poverty, says a new report from the World Bank Group. According to the World Development Report (WDR) 2014, titled-Risk and Opportunity – Managing Risk for Development says better risk management can unlock opportunities, […]