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By Tajuddin
In BUSINESS
Sep 27th, 2016
0 Comments
250 Views
Khartoum, Sudan (SUNA + DIPLOMAT.SO) – A grant agreement worth $ 5 million from the World Bank was signed Monday at the Ministry of Finance and Economic Planning for the improvement of public finance management at the state level in Sudan in four states including the Red Sea, the River Nile, Se...
By Tajuddin
In WORLD NEWS
Mar 9th, 2016
0 Comments
790 Views
Harare,Zimbabwe (Reuters + DIPLOMAT.SO) – Zimbabwe’s President Robert Mugabe agreed to major reforms including compensation for evicted white farmers and a big reduction in public sector wages as the government tries to woo back international lenders, the finance minister said. The econom...
By Tajuddin
In WORLD NEWS
Mar 9th, 2016
0 Comments
706 Views
Abuja, Nigeria ( Reuters + DIPLOMAT.SO) – Nigeria and Switzerland have signed an agreement that paves the way for the return of more than $300 million confiscated from the family of the Nigeria’s former military ruler, Sani Abacha, the office of Nigeria’s vice president said on Tues...
By Tajuddin
In BUSINESS
Feb 28th, 2016
0 Comments
771 Views
Shanghai (Xinhua + DIPLOMAT.SO) – China and the BRICS New Development Bank signed documents on the bank’s headquarters in Shanghai on Saturday, marking the completion of the legal procedures before the operation of the bank. Chinese Foreign Minister Wang Yi and the bank’s President ...
By Tajuddin
In OPINION
Jan 19th, 2016
0 Comments
793 Views
This article by: Elliot Kratt is a political risk analyst with a focus on sub-Saharan Africa. The content of this [report/study/article/publication…] does not reflect the official opinion of the DIPLOMAT NEWS NETWORK. The views expressed in this article are the author’s own. – Ethiopia is experiencin...
By Tajuddin
In BUSINESS
Dec 23rd, 2015
0 Comments
835 Views
Washington ( Agencies + DIPLOMAT.SO) – The World Bank has taken the rare step of cancelling a $265m road project in Uganda amid allegations of mismanagement by the government and sexual abuse of minors by employees working for its contractors. The bank’s internal watchdog launched an investigat...
By Tajuddin
In BUSINESS
Oct 29th, 2015
0 Comments
1049 Views
Nairobi, Kenya (Xinhua + DIPLOMAT.SO) – The World Bank said Thursday it has taken a crucial step to help support the flow of remittances to Somalia, to ensure they continue to reach people who depend upon them as a critical source of income. Bella Bird, World Bank Country Director for Tanzania,...
By Tajuddin
In BUSINESS
Oct 21st, 2015
0 Comments
1129 Views
Mogadishu ( DIPLOMAT.SO) – As parts of efforts aimed at fighting corruption and stealing public funds, Somalia’s government has taken an unusual ambitious plan designed to improve public finances system marred by fraud and corruption. Somalia’s Accountant-General Ahmed Yusuf Mumin (Siraj) has s...
By Tajuddin
In BUSINESS
Jan 13th, 2015
0 Comments
1443 Views
Washington ( Agencies + DIPLOMAT.SO) – The World Bank cut its outlook for global growth Tuesday, saying a strengthening U.S. economy and plummeting oil prices won’t be enough to offset deepening trouble in the eurozone and emerging markets. The Washington-based development institution expects t...

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