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 $73.8 billion.
Browsing: world bank
The World Bank said it has granted Morocco a loan of US$ 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…
The Buhari Media Organisation (BMO) has lauded Nigeria’s rating alongside China and India as one of the ten countries with the ‘most notable improvement’ on the…
The World Bank has approved $500 million in grants and low-interest loans to help countries in Africa and the Middle East combat swarms of desert locusts…
According to Nigeria’s Minister of State for Budget and National Planning, Prince Clem Agba, the country’s economy will be boosted with the injection of a N2…
In a bid to cut debt from overseas capital markets after a borrowing binge in recent years,Kenya is in advanced talks with the World Bank for…