Our Correspondent | Africa Guardian On Monday, several African nations pledged to open their electricity sectors to investment, with the goal of providing power to 300 million people currently without access over the next six years. Africa has the highest number of people without electricity globally, and the continent is urgently working toward connecting homes by 2030 through the…
Edson Baraukwa | Africa Guardian India’s High Commission in Tanzania has launched a new initiative, ‘Karibu Tanzania Youth,’ to foster cultural and bilateral ties. The inaugural session in Dar es Salaam brought together 30 students from Academic International Secondary School. High Commissioner Bishwadip Dey emphasized the critical role of youth in shaping future relationships between the two nations, highlighting…
The IMF and World Bank gather in Morocco Monday for their first annual meetings on African soil in 50 years, under pressure to reform to better aid poor nations blighted by debt and climate change. The International Monetary Fund and World Bank traditionally hold their annual gathering of finance ministers and central bank governors outside their Washington headquarters every…
The Executive Directors of the World Bank today selected Ajay Banga as President of the World Bank for a five-year term beginning June 2, 2023. Ajay Banga most recently served as Vice Chairman at General Atlantic. Previously, he was President and CEO of Mastercard, a global organization with nearly 24,000 employees. Under his leadership, MasterCard launched the Center for…
Summary Banga, the first World Bank president from South Asia, takes over on June 2 from outgoing president David Malpass, who is stepping down early from a presidency clouded by questions over his climate stance. Washington. Ajay Banga, confirmed Wednesday as the World Bank’s next president, is an Indian-born American executive who has been hailed by media in his…