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World Bank and UN Partners Boost Action on Road Safety

New initiatives announced to help tackle 1.3 million yearly death toll   WASHINGTON, DC, April 17, 2012 — The World Bank hosted the 15th UN Collaboration on Road Safety meeting in Washington, DC on April 16-17 aimed at strengthening efforts … Continue reading

Cameroon’s Ephraim held in corruption probe – Independent Online

A source at the court said Ephraim, who served as prime minister between 2004 and 2009, was suspected of having embezzled funds related to the bank account of Cameroon airline Camair. Yves Michel Fotso and Paul Gamo Hamani, two former … Continue reading

Cameroon ex-PM held in corruption probe: lawyer – YAHOO!

A source at the court said Ephraim, who served as prime minister between 2004 and 2009, was suspected of having embezzled funds related to the bank account of Cameroon airline Camair. The company ceased trading in 2008. Ephraim’s arrest comes … Continue reading

OPED: Europe is distracted by endless firewall talk

By Robert Zoellick   *As published in the Financial Times online on April 16, 2012   Policy makers under pressure can get preoccupied with the fixation of the moment. For the eurozone, that idée fixe has been “the firewall”. How … Continue reading

Statement from Dr. Jim Yong Kim regarding his selection by the World Bank’s Executive Directors as 12th President of the World Bank

WASHINGTON, April 16, 2012 - Dr. Jim Yong Kim today released a statement in response to his selection by the World Bank’s Executive Directors as 12th President of the World Bank:   “I am honored to accept the Executive Directors’ decision … Continue reading

Cameroon ex-PM held in grafty probe – Independent Online

A source at the court said Ephraim, who served as prime minister between 2004 and 2009, was suspected of having embezzled funds related to the bank account of Cameroon airline Camair. Yves Michel Fotso and Paul Gamo Hamani, two former … Continue reading

Zoellick Congratulates Dr. Jim Yong Kim as New World Bank Group President

Washington, April 16, 2012—World Bank Group President Robert B. Zoellick today congratulated Dr. Jim Yong Kim for being chosen to become the 12th president of the development institution and offered his support in ensuring a successful handover for July 1. … Continue reading

World Bank’s Executive Directors Select Dr. Jim Yong Kim 12th President of the World Bank Group

WASHINGTON, April 16, 2012 - The Executive Directors met today to select a new President of the World Bank Group. The Board expressed its deep gratitude for Mr. Robert B. Zoellick’s outstanding leadership and his dedication to reducing poverty in its … Continue reading

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Inadequate Sanitation Costs 18 African Countries Around US$5.5 Billion Each Year

  WASHINGTON, April 16, 2012 – Eighteen African countries lose around US$5.5 billion every year due to poor sanitation, with annual economic losses between 1 percent and 2.5 percent of GDP, says a new report by the World Bank’s Water and … Continue reading

Cameroon: GEF Grant to Achieve Sustainable Development for Local Communities in the Ngoyla-Mintom Forest

Washington, April 5, 2012 – Today the World Bank Board of Executive Directors approved a US$3.5 million grant from the Global Environment Facility (GEF) Trust Fund to the Republic of Cameroon to support investments in conservation and sustainable management of … Continue reading