Kim, 52, will be the first physician to head the bank and the second U.S. nominee to have been born abroad. He has served as Dartmouth College's president since 2009.
A woman’s group has mounted spirited opposition to a prospective nomination of former Secretary of the Treasury Lawrence Summers, 57, to be president of the World Bank.
Much of the Algerian public remains burdened by poverty, high unemployment, poor public services and entrenched government corruption.
A coup d'etat currently underway in Mali is not affecting gold production there, miners in the country are saying, as events related to the military uprising seem confined to the country's capital, hundreds of miles away from where gold deposits are located.
Samsung Electronics Co aims to double its share of the sub-Saharan smartphone market to 20 percent by next year, as it focuses on affordable handsets, the head of its Africa business said on Thursday.
Bola Adebisi, a 52-year-old Nigerian woman, was arrested on suspicion of ingesting 180 thumb-sized heroin pellets, which customs officials said was the largest seizure at Washington Dulles International Airport.
President Barack Obama must nominate a new President of the World Bank soon, ahead of its June annual meeting in Washington. Two Third World candidates have been mentioned but another American is the likely winner.
Saying that Nigerian President Goodluck Jonathan cannot be trusted, Islamic militant group Boko Haram said on Tuesday that it has closed all possible doors of negotiation with the government.
Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo are set to be nominated to lead the World Bank, sources with knowledge of emerging market efforts to find candidates said on Tuesday.
Developing economies are going to nominate two candidates to become the next president of World Bank, according to a Reuters report.
Nigeria's super rich are no strangers to conspicuous consumption, and there's no better way to flaunt your wealth than by buying a brand new European sports car.
The bodies of Chris McManus, 28, and Italian Franco Lamolinara were found after the combined British special forces and Nigerian military operation on Thursday.
A Briton and an Italian taken hostage by Nigerian rebel group Boko Haram last May were killed during a failed rescue mission on Thursday.
South Africa apologized on Thursday for the mass deportation of 125 Nigerians after a yellow fever scare.
As all eyes turn to March Madness, here's a list of the most bizarre names in the sport of basketball.
One of the largest annual technical conferences, South by Southwest (SXSW), will begin Friday, March 9 and last until Sunday, March 18. Here is a full list of the SXSW 2012 music lineup for South by Southwest from March 13-18.
The Islamist group has announced a war on Christians and will launch a series of coordinated attacks in order to annihilate the entire Christian community living in the northern parts of the country.
Gas prices have risen to above $4 per gallon in many parts of the United States, sending economists into a tizzy about its impact on consumer spending, consumer confidence and the effects it will have on the housing market.
With Rihanna and Chris Brown reportedly back together (if not in romance, then in song), reports are that Jay-Z, Rihanna's former mentor, has dropped her from RIP in favor of up and comer Rita Ora.
Gas prices in the U.S. are increasing. Is it possible we’ll see a $5 gallon anytime soon? Signs point to yes.
Facebook said it could team up with mobile operators on payments, in an offer that would give them back part of the revenue and influence they have lost in recent years to Apple (AAPL.O) and Google (GOOG.O).
Following the controversial release of over five million private emails by online anti-secrecy organization WikiLeaks, global intelligence company Stratfor undoubtedly has some explaining to do. The emails reveal all sorts of information including details regarding sources, operations and miscellaneous gossip. But, perhaps most peculiar is one specific document circulated among employees in 2007. The document, titled The Stratfor Glossary of Useful, Baffling and Strange Intelligence Terms.