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Nigeria Rise in Ease of Doing Business Global Rankings

The World Bank has ranked Nigeria 169 out of 189 countries in its latest report on the ease of doing business globally. This was contained in a statement made available to newsmen by the Head of Communications, World Bank Nigeria, Obadiah Tohomdet, on Tuesday in Abuja. According to the statement, the report takes into consideration the ease […]

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World Bank: Poverty has Decreased in Africa

According to Poverty in a Rising Africa, the first of two upcoming reports on poverty in Africa by the World Bank, Poverty across the continent may be lower than what current estimates suggest, though the number of people living in extreme poverty has grown substantially since 1990. Kathleen Beegle, World Bank program leader and co-author […]


Plugin and Angaza Emerge Winners at the Negawatt Challenge Held in Nairobi

Two teams, Plugin and Angaza, have emerged winners at the World Bank’s Negawatt Challenge held in Nairobi. The teams where selected after a contest at the Negawatt Demo Day, which saw four teams showcase working prototypes of energy efficiency innovations. The Negawatt Demo Day, held on May 30th, was a culmination of the Boot-camp phase of the Negawatt […]

World Bank – ICTs Delivering Home-Grown Development Solutions in Africa

(THE World Bank) – In just the past five years, Africa’s mobile phone market has rapidly expanded to become larger than either the EU or the United States with some 650 million subscribers. At the same time, Internet bandwidth has grown 20-fold as hundreds of thousands of kilometers of new cables have been laid across […]

World Bank says that Africa’s farmers can potentially grow enough food to feed the continent and avert future food crises

A new World Bank report says that Africa’s farmers can potentially grow enough food to feed the continent and avert future food crises if countries remove cross-border restrictions on the food trade within the region. According to the bank‚ the continent would also generate an extra US$20-billion in yearly earnings if African leaders could agree […]

South Africa rises to 35th position in the 2012 World Bank’s ‘Ease of Doing Business’ ranking

South Africa moved a step higher in this year’s World Bank’s Ease of Doing Business ranking after it improved in three categories. Last year, South Africa improved in six categories compared with the prior year, but showed a drop in three categories with a new category on electricity provision being the main culprit for the […]