The World Bank outlined a six year partnership framework that will guide the Bank in supporting Rwanda's strategic priorities as laid down in the National Strategy for Transformation. The new framework is developed from World Bank’s comprehensive analysis of opportunities for achieving poverty reduction and shared prosperity in Rwanda as well as the challenges that the country faces. Financial Advisor, Eddie Balaba spoke to CNBC Africa for more.
To discuss the World Bank Group's strategy to maximise finance for development, International Finance Corporation's (IFC) Vice President for Economics and Private Sector, Hans Peter Lankes joins CNBC Africa for more.
Mozambique seals energy deal with Russia on the brink of elections: What does this development hold for its growing economy?
Mozambique is country rich in gas, has unsustainably high debt levels and on a slow growth trajectory that followed the 2016 hidden debt crisis, according to the World Bank (WB). It has an election on the horizon and its President Filipe Nyusi recently sealed an energy and security deal with Russian President Vladimir Putin. For more on the lay of the land, Nathan Hayes, Country Analyst at the Economist Intelligence Unit (EIU) joins CNBC Africa for more.
The World Bank says agricultural prices are expected to fall 2.6 per cent this year on average, amid ample stocks but foresees a 1.7 per cent rise in 2020 on expected cuts in U.S. crop plantings and higher costs of energy and fertilizers. For a focus on the global commodities market, Damilola Akinbami, Head of Research at Financial Derivatives joins CNBC Africa for more.
World Bank’s CPIA reports indicate stagnancy of development: How is it affecting Africa’s poorest countries?
The World Bank (WB) says Africa's poorest countries saw little to no progress on average in improving the quality of their policy and institutional frameworks in 2018. The average Country Policy and Institutional Assessment (CPIA) score in Africa's 38 International Development Associations (IDA), that is the IDA-eligible countries in 2018 remained unchanged at 3.1 on a scale of zero to six. Albert Zeufack, Chief Economist for Africa at the World Bank joined CNBC Africa's Kenneth Igbomor for more.
Due to the changing nature of work in the wake of the 4th industrial revolution, many jobs have been threatened by the implementation of automation. However, the World Bank Future of Work in Africa report revealed that jobs in Africa will mostly likely not be affected by new technologies. World Bank Chief Economist for Africa, Albert Zeufack joins CNBC Africa for more.
According to the World Bank, agriculture employs about 65 per cent of the population in Africa and contributes 35 per cent to the continent's gross domestic product . Head of Mobile for Development at GSMA, Yasmina McCarty joins CBNC Africa for more.
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