A joint study reported on development trends across Africa over four decades.

The entities involved

• Africa →

  continent

  • Companies are sourcing raw materials cheaply from Asia, Latin America, and Africa.06:54
  • Korean companies are expanding globally, seeking markets in Africa, Southeast Asia, and the Middle East while competing with global powers.05:22
• World Bank →

  international financial institution

  • Pakistan is facing severe economic challenges, requiring bailouts from the IMF and relying on World Bank data and financing from Saudi Arabia.06:55
  • Israeli attacks strain Lebanon's economy, leading the World Bank to estimate poverty levels in the country.04:22

Related events

• EU seeks partnership with Africa on development.Jul 21
• Partners on energy and climate development initiatives providing majority of financing for African development projects.Jun 24
• Leaders convened in Accra in 1995 to participate in a continental development agenda.Nov 4
• Nigeria's federal government and the World Bank are strengthening collaboration to seek financial and technical partnerships for national development projects.Jul 1
• Africa is subject to global climate negotiations, and the African Development Bank has a regional officer presence on the continent.Wed 13:44