Finance 
3 out of 5 People in Developing Countries Lack Safety Nets
World Bank announces new focus on Social Protection and Labor and releases new open data tool to help countries close the gap in coverage for the poorest WASHINGTON, April 18, 2012 – The World Bank today released new data showing … Continue reading
Sub-Saharan set for faster growth on commodities: World Bank – YAHOO!
The Bank said there were concerns that the food crisis could spread to Senegal, Cameroon and northern parts of Nigeria. “Production shortages are intensified by high international prices,” the Bank said. “West Africa is particularly vulnerable to higher …
Africa Poised for Faster Growth In Spite of Volatile Global Economy―New World Bank Report
But region remains vulnerable with drought in the Sahel and fuel subsidies that consume 1.4 percent of GDP and mostly benefit the rich Washington, April 18, 2012 –Economic growth in Sub-Saharan Africa remains strong and is poised for lift-off … Continue reading
Cameroon: Usury, Unlawful But Booming Business! – AllAfrica.com
Non-financial institutions and individuals sometimes lend money at up to 30 per cent – far above the 15 per cent ceiling fixed by the Central African Banking Commission (COBAC). Article 325 of Cameroon’s Penal Code prohibits usury and sanctions defaulters … Continue reading
Cameroon ex-PM held in corruption probe: lawyer – New African
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
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
