The Biden administration on Tuesday announced a new push to expand business ties between U.S. companies and Africa, with a focus on clean energy, health, agribusiness and transportation infrastructure on the continent. U.S. industry executives welcomed…

A report by a non-profit group says Africa needs to increase internet access to boost its economies, especially in the wake of the COVID-19 pandemic. The advocacy group found that while Africa’s locally routed online traffic has increased, only one in…

While people in South Sudan have enjoyed independence for the past 10 years, one longstanding problem – food insecurity – still hangs over the world’s newest nation despite vast areas of arable land.A World Food Program report published in June said 60…

The World Bank announced a partnership with the African Union Tuesday to finance the acquisition and distribution of COVID-19 vaccine for 400 million people in Africa.In a remote news conference via Zoom, World Bank Managing Operations Director Axel va…

In a report this month, the World Bank predicts Zimbabwe’s economy will grow 3.9% this year even as the country sees an alarming rise in poverty levels, especially in urban areas. The report says a record 7.9 million Zimbabweans are “extremely” poor, e…

Hundreds of displaced families trampled down the stairs carrying stained mattresses, logs and kindling for cooking and sacks of clothing and food. The families, more than 5,000 people in all, had fled battles in the northern Tigray region to Shire, a…

The World Bank said on Friday it had temporarily paused payments to operations in Mali following a military coup, while the man expected to become the new prime minister warned sanctions would only complicate the country’s crisis.The World Bank’s actio…