Top officials from the International Monetary Fund (IMF) and the World Bank are under scrutiny as they join economic leaders in a two-day summit in Paris to address the interconnected challenges of poverty alleviation and climate change. Hosted by French President Emmanuel Macron, the summit aims to refocus the global financial architecture to effectively tackle […]
Tag: World Bank
World Bank extends $150m in aid to Mozambique to help after Cyclone Freddy
The World Bank has moved $150m of the funds it has earmarked for Mozambique projects to help fund the southern African nation’s efforts to recover from the aftermath of Cyclone Freddy. One of the deadliest storms to hit the continent in the last two decades, Freddy ripped through Malawi, Mozambique and Madagascar, first in late […]