The World Bank Group and International Monetary Fund (IMF) have called on all official bilateral creditors to suspend debt payments from IDA countries that request forbearance.
Business
COVID-19 may cause a big change in social lifestyles
While the world battles COVID-19 as the virus devastates countries and crippling businesses the world over, we will be dealing with a new phase of social lifestyles that will again haunt the recuperation of the already fallen businesses hoping to find their way back in post COVID-19 pandemic.
Mondelez International supports communities during COVID-19 crisis
Mondelēz International, Inc. on Monday announced it will donate $15 million in financial and in-kind support to community partners advancing critical food stability and emergency relief efforts across the world in the wake of the COVID-19 crisis.
World Bank Group Increases COVID-19 Response to $14 Billion To Help Sustain Economies, Protect Jobs
The World Bank and IFC’s Boards of Directors approved today an increased $14 billion package of fast-track financing to assist companies and countries in their efforts to prevent, detect and respond to the rapid spread of COVID-19.
Mondelēz International sets GUINESS WORLD RECORDS Title
Mondelēz International today announced the company set a GUINNESS WORLD RECORDS title for the most people dunking cookies across multiple venues.
AfDB approves €8 million technical assistance grant to support preparation of Ruzizi IV Hydro Power Project in the Great Lakes region
The project will provide electricity to millions of households, as well as small and medium-sized enterprises and industries, thereby improving the living conditions of the regional population
AfDB signs five-year agreement to use FIDIC standard contracts
The International Federation of Consulting Engineers (FIDIC) (FIDIC.org) has secured a major agreement with the African Development Bank (AfDB.org) that will see the international funding organisation include the use of seven FIDIC standard contracts for the next five years.
