The International Bank for Reconstruction and Development (World Bank) has approved a loan of $1.5bn to the Nigerian government. The World Bank and the Nigerian government…
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The loan is Rwanda’s first one through the International Finance Corporation’s global $8 billion Covid-19 facility launched in March 2020 to help businesses maintain operations during and after the coronavirus pandemic.
Zambian President, Edgar Lungu on Monday expressed satisfaction that a World Bank supported project on climate resilience has started bearing fruits. The Zambian leader said the…
The World Bank Board of Directors has approved an education programme, supported by a $61.5-million grant from the Global Partnership for Education (GPE), for the Sudan…
The International Debt Statistics 2021 report by the World Bank shows that between 2009 and 2019, countries in the region increased external borrowing by nearly four times, from $19.9 billion to $73.8 billion.
The World Bank said it has granted Morocco a loan of US$ 150 million to support its Urban Transport Programme, the Moroccan official news agency, MAP,…
Botswana’s Minister of Finance and Economic Development, Thapelo Matsheka, says the Southern African country has approached the World Bank for budgetary support after the coronavirus crisis…
The World Bank’s Chief Economist on Africa, Dr Albert Zeufack, has urged full roll out of the African Union (AU) passport without further delay. Zeufack made…
The World Bank has approved a $30 million Essential Health Services Strengthening grant for The Gambia. The bank’s Board of Executive Directors approved the grant from…
The Department of Petroleum Resources (DPR) has assured Nigerians that the remittance of at least $1.03 billion to government’s account and an additional $600 million expected…