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Top News In உலகம் வங்கி குழு ப்ரெஸிடெஂட் Today - Breaking & Trending Today

World Bank to further spend $15 billion by June 2021 for COVID-19 interventions

Total Number Discharged – 148,125
Total Deaths – 2,030
Total Tests Carried out – 1,684,305
According to the NCDC, the 86 new cases are reported from 14 states- Lagos (64z), Rivers (12), Kaduna (11), Plateau (9), Jigawa (8), Bayelsa (6), Ondo (5), Ebonyi (4), FCT (4), Osun (4), Borno (1), Kano (1), Ogun (1), Oyo (1).
Meanwhile, the latest numbers bring Lagos state total confirmed cases to 57,210, followed by Abuja (19,525), Plateau (9,006), Kaduna (8,848), Rivers (6,852), Oyo (6,823), Edo (4,867), Ogun (4,610), Kano (3,881), Ondo (3,129), Kwara (3,067), Delta (2,597), Osun (2,506), Nasarawa (2,315), Enugu (2,221), Katsina (2,082), Gombe (2,025), Ebonyi (1,976), Anambra (1,909), Akwa Ibom (1,733), and Abia (1,649).
Imo State has recorded 1,639 cases, Bauchi (1,482), Borno (1,324), Benue (1,188), Adamawa (942), Niger (930), Taraba (910), Ekiti (857), Bayelsa (863), Sokoto (773), Jigawa (501), Kebbi (438), Cross River (357), Yobe (293), Zamfara (231), while K ....

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World Bank set to invest over $5 billion in drylands across 11 African countries

World Bank set to invest over $5 billion in drylands across 11 African countries Business ....

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Nigeria, others to get $5bn investment from World Bank

Nigeria, alongside 11 other African countries will get over $5 billion investment, over the next five years from the World Bank, to help restore degraded landscapes, improve agriculture productivity, and promote livelihoods.
The World Bank Group President, David Malpass made this promise on Monday at the One Planet Summit, a high-level meeting co-hosted with France and the United Nations that is focused on addressing climate change and biodiversity loss.
Specifically the money, the bank said will fund interventions in restoring drylands, agriculture, water, community development, food security, resilient infrastructure, landscape restoration, and renewable energy.
Other countries to benefit from the funds include Burkina Faso, Chad, Djibouti, Ethiopia, Eritrea, Mali, Mauritania, Niger, Senegal and Sudan with focus on Sahel region, Lake Chad, and Horn of Africa, the Bank said in a statement. ....

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Remarks by World Bank Group President David Malpass at the One Planet Summit

Remarks by World Bank Group President David Malpass at the One Planet Summit
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President Macron, Secretary Guterres, Your Royal Highness, Excellencies.
I am very pleased to co-convene this year’s One Planet Summit, just as the World Bank Group did in 2017 in Paris, 2018 in New York, and 2019 in Nairobi. Thank you, President Macron, for your leadership and commitment to the climate and biodiversity agenda.
Climate change and the loss of biodiversity are defining issues of our time. They present critical challenges to our development efforts, including reducing poverty and inequality.
This year presents many opportunities for countries to align their biodiversity and climate goals with development programs, including COP15 in Kunming and COP26 in Glasgow in November. ....

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World Bank expects global economy to expand by 4% in 2021 | Hellenic Shipping News Worldwide

World Bank expects global economy to expand by 4% in 2021
Policy makers must move decisively, according to January’s Global Economic Prospects, and although it is already growing again following the 4.3 per cent contraction of 2020, the COVID-19 pandemic has caused “a heavy toll of deaths and illness, plunged millions into poverty, and may depress economic activity and incomes for a prolonged period”, said a press release issued by the World Bank – a key financial institution within the United Nations system.
Immediate policy priorities should now focus on controlling the spread of coronavirus and ensuring rapid and widespread vaccine deployment. “To support economic recovery, authorities also need to facilitate a re-investment cycle aimed at sustainable growth that is less dependent on government debt”, the Bank advises. ....

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