Nigeria is emerging as one of Africa’s leading centres of Artificial Intelligence activity, alongside Kenya and South Africa, according to the World Bank.
https://dmarketforces.com/nigeria-emerging-as-one-of-africas-ai-hubs-world-bank/
#worldbank — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #worldbank, aggregated by home.social.
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Ukraine's power grid just got a major boost from abroad ⚡
The Climate Investment Funds approved a $116.2 million investment plan for Ukraine under the Renewable Energy Integration program. Energy Minister Denys Shmyhal announced it on October 6. The money goes to renewable generation, electricity storage and cross-border power links.
The public part was built with the World Bank and Ukrenergo and totals around $200 million. Its flagship project is the 400 kV Chernivtsi to Suceava interconnector, which adds 880 MW of transfer capacity toward Ukraine and 445 MW toward the EU. Five high-voltage substations will also be modernized and better protected, along with Ukrenergo's IT and communications systems.
The private part is developed with IFC and EBRD. It supports investment in storage, including standalone battery systems with a total capacity of 610 MW, plus renewables paired with storage and other distributed solutions.
The result should be a more flexible grid, easier electricity trade with Europe and faster integration into the European network.
#Ukraine #EnergySecurity #RenewableEnergy #EnergyStorage #BESS #PowerGrid #ClimateFinance #WorldBank #EBRD #IFC #Ukrenergo #EnergyTransition #EUIntegration
#Ukraine #Energy #Storage #RenewableEnergy #PowerGrid #EUIntegration -
IMF chief urges governments to tighten belts as global debt levels soar
By Heather StewartKristalina Georgieva says big economies will have to make ‘very touch choices’ as soaring bond yields hit budgets
#InternationalMonetaryFundIMF #WorldBank #KristalinaGeorgieva #Business #Economics #Globaleconomy #Worldnews #Economicpolicy #Politics #AIartificialintelligence #Bonds #UKnews #Governmentborrowing #Interestrates #Publicfinance #Inflation #TheGuardian #HeatherStewart
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IMF chief urges governments to tighten belts as global debt levels soar https://www.theguardian.com/business/2026/oct/07/imf-chief-kristalina-georgieva-urges-governments-tighten-belts-global-debt-levels-soar #InternationalMonetaryFundImf #WorldBank #KristalinaGeorgieva #Business #Economics #GlobalEconomy #WorldNews #EconomicPolicy #Politics #AiArtificialIntelligence #Bonds #UkNews #GovernmentBorrowing #InterestRates #PublicFinance #Inflation
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https://www.europesays.com/africa/461501/ bne IntelliNews – World Bank raises sub-Saharan Africa’s 2026 growth forecast to 4.3%, sees inflation climbing #Africa #AndrewDabalen #ArtificialIntelligence #GrowthForecast #Inflation #jobs #Nigeria #Poverty #PublicDebt #RegionalEconomicOutlook #SubSaharanAfrica #WorldBank #Zambia
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https://www.europesays.com/unitedstates/19587/ IMF Warns of Prolonged Cost-of-Living Crisis, Impacting Poverty and Inflation Expectations — BigGo Finance #ChiaraMaggi #Egypt #GeorgetownUniversity #indonesia #Inflation #Inflation&Prices #InternationalMonetaryFund(IMF) #Prices #ShantayananDevarajan #WorldBank #WorldEconomicOutlook
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https://www.europesays.com/unitedstates/18807/ Iran conflict may hit Indian producers before consumers as oil shock pushes WPI higher: World Bank economist #ArmedConflicts #EconomicGrowth #IndianEconomy #IndustrialSector #IranConflict #OilImports #OilPrices #RanLi #SeniorEconomist #WarNews #WholesaleInflation #WorldBank #WPI
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https://www.europesays.com/unitedstates/18477/ World Bank says Middle East economy to contract 2.1% in 2026 on Iran war #Economy #MiddleEast #standard #story #USBureau #WorldBank
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World Bank says Middle East economy to contract 2.1% in 2026 on Iran war
The World Bank on Tuesday lowered its 2026 forecast for the economies in the Middle East, saying the…
#EuropeSays #Headlines #News #Europe #Europa #EU #StraitofHormuz #Economy #Hormuz #MiddleEast #standard #story #USBureau #WorldBank
https://www.europesays.com/iran/319225/ -
https://www.europesays.com/iran/319225/ World Bank says Middle East economy to contract 2.1% in 2026 on Iran war #Economy #Hormuz #MiddleEast #standard #story #StraitOfHormuz #USBureau #WorldBank
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https://www.europesays.com/conflicts/24871/ World Bank says Middle East economy to contract 2.1% in 2026 on Iran war #Economy #MiddleEast #standard #story #StraitOfHormuz #USBureau #WorldBank
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Bangkok boosts flood contingency plans as delegates arrive for IMF-World Bank meetings | World
BANGKOK authorities are deploying emergency drainage pumps and high-clearance transport vehicles to mitigate potential flooding as over 15,000…
#Economy #anutincharnvirakul #Bangkok #flooding #IMF #infrastructure #InternationalMonetaryFund #Thailand #Weather #worldbank
https://www.europesays.com/3292868/ -
https://www.europesays.com/3292868/ Bangkok boosts flood contingency plans as delegates arrive for IMF-World Bank meetings | World #AnutinCharnvirakul #Bangkok #Economy #flooding #IMF #infrastructure #InternationalMonetaryFund #Thailand #Weather #WorldBank
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Conservative plans to slash aid budget by 90% to ‘irreparably damage’ UK’s global credibility, charities say
By Alexandra Topping Political correspondentParty’s pledge to reduce aid budget from £9bn a year to £1bn to fund new prison places branded as ‘posturing’
#Aid #Conservatives #UnitedNations #WorldBank #Politics #UKnews #Foreignpolicy #TheGuardian #AlexandraToppingPoliticalcorrespondent
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Remittance Costs and the Price of Financial Resilience