A new report from the World Bank finds that the poorest people are more exposed to climate-related shocks such as floods, droughts and heat waves than those with average incomes.
Poor people also lose much more of their wealth when they are hit, the report said.
Here are some facts and figures on why and how that happens: -
1.Read more
Sub-Saharan Africa, where more than a half billion people live without electricity, trails the world in government policies that promote sustainable energy, according to a new World Bank report Wednesday.
Much of the rest of the world, however, has made strides toward making energy broadly available, developing renewable power sources and increasing efficiency, the inaugural Regulatory Indicators for Sustainable EnergyRead more
Morocco has been establishing itself as a “major economic force” in Africa, even as it eyes gaining readmission into the African Union (AU), which it left decades ago, said UN magazine +Africa Renewal+ in its latest issue, highlighting Morocco’s offensive on both economic and diplomatic levels to rejoin the AU, whose Summit is scheduled for late January in Addis Ababa,Read more
Almost 500 migrants arrived at the port of Catania on Wednesday after being rescued earlier this week near the coast of Libya, with the influx of refugees heading to Europe showing no signs of slowing.
Hundreds of migrants, mostly men from sub-Saharan Africa, huddled under grey blankets on the deck of the Italian coast guard vessel Diciotti as they startedRead more
A record 137 economies around the world have adopted key reforms that make it easier to start and operate small and medium-sized businesses, says Doing Business 2017: Equal Opportunity for All, the World Bank Group’s annual report on the ease of doing business.
The new report finds that developing countries carried out more than 75 percent of the 283 reformsRead more
Small, fast growing wild fish could be crucial allies in the race to end hunger in some of the world's most chronically poor and underfed regions, according to a new FAO report on fisheries in the drylands of sub-Saharan Africa.
Water is an ephemeral resource in Africa's dryland regions, with water bodies forming and disappearing in a relatively shortRead more