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Emirates News Agency - Partnerships are key to unlocking Africa's vast potential: DP World Chairman

DAKAR, Senegal, 7th February, 2023 (WAM) – DP World's Group Chairman and CEO, Sultan Ahmed Bin Sulayem, called for unlocking private sector infrastructure investments in Africa, to address the challenges faced by the continent's development.Speaking at the 2nd Dakar African Infrastructure Financing Summit in Senegal, he said that the cost of moving goods domestically around Africa is five times higher than in the US and urged for more partnerships to address the gap. “Investing in ...
United Kingdom Republic Of Senegal Republic Of Rwanda Mostafa Madbouly Macky Sall Benedict Oramah
Source: wam.ae

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There Could Be Global Recession In 2023 – World Bank Warns

The World Bank is warning of a global recession in 2023 with devastating consequences on Emerging Markets and Developing Economies (EMDEs), including Ghana. The impending economic retardation, the World Bank said, would be brought about as Central Banks concurrently raise interest rates in their quest to halt persistent inflation. According…
Bretton Wood David Robert Malpass World Bank Group World Bank Emerging Markets Developing Economies

U.S. vaccines may be able to make up for India's export controls: World Bank president

Posted: Jun 09, 2021 4:18 PM ET | Last Updated: June 9 Head of World Bank on global vaccine equity and the economic legacy of pandemic Power and Politics3 hours ago 9:03"If you have excess doses this month and next month, release them as quickly as you can," says David Malpass, the President of the World Bank. He and leaders of several global organizations are urging countries to take more actions, ahead of the G7 summit, to ensure vaccine equity.9:03
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Source: cbc.ca

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