The World Bank (WB) and African Development Bank (AfDB) have provided $550 million in funding to the Rural Electrification Agency (REA) in support of the implementation…
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The World Bank has approved a U.S $12.5 million grant to the Republic of Congo in order to acquire COVID-19 vaccines and reinforce awareness of benefits of…
World Bank has approved a $292 million fund for infrastructure projects in Zanzibar. This will enable Zanzibar residents to benefit from reliable and affordable electricity as…
World Bank has donated $116 million to South Sudan to fund two new projects aimed at strengthening the capacity of farmers to improve agricultural production, and…
The World Bank has temporarily suspended all payments to operations in Mali after the military seized power last week from the transitional President and Prime minister.…
The World Bank has approved a $700 million loan for Nigeria to tackle open defecation and other sanitary problems in the country. The $700 million credit…
The Gambia, represented by Health Minister, Amadou Lamin Samateh , and World Bank Country Representative to The Gambia have laid the foundation stone for The Gambia’s…
The World Bank has admitted Nigeria moved out of last year’s recession faster than expected. The bank, in its newly released Africa’s Pulse report, admitted that…
Not less than thirty African countries will be helped by the World Bank through emergency funding for the procurement of vaccines. Many African countries are yet…
The debt spiked up in the full year of 2020 due to the covid-19 impact on the economy, which resulted in increased borrowing from the Bretton Wood Institutions, as well as the African Development Fund.