Tag: Africa development

Egypt, World Bank push funding, reforms to drive national growth

Egypt is seeking fresh funding and faster reforms as it works to steady its economy and restore growth, deepening ties with the World Bank at a sensitive time for Africa’s third-largest economy.  The talks in Cairo come as governments across emerging markets contend with higher borrowing costs, tighter global liquidity and pressure to protect vulnerable households. For Egypt, officials say,…

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Standard Chartered partners UNICEF to boost women employment

At a Glance Standard Chartered is expanding its focus on inclusive growth in Africa, teaming up with UNICEF to help young women in Kenya and Nigeria move from training into paid work. Through its charitable arm, the Standard Chartered Foundation, the bank said the partnership aims to secure 1,500 decent jobs over the next three years.  The move comes as…

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