World Bank projects Africa growth to drop to 3.4 per cent
20/04/2022This year, Africa’s economic growth will drop to 3.4 per cent, down 0.6 percentage points from the four per cent growth recorded in 2021 due to new macroeconomic shocks. The.
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World Bank grants Ethiopia $300m for Tigray war recovery
19/04/2022Ethiopia received a massive boost to rebuild from the Tigray war after the World Bank agreed to disburse $300 million targeted at local communities whose lives have been destroyed. The.
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World Bank to finance four projects worth $495 million in Senegal
14/04/2022The World Bank said on Tuesday it has signed deals to finance four projects in Senegal worth a total of $495 million to help improve education, electricity, economic development and.
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Senegal to build sustainable digital economy with World Bank support
19/12/2018The World Bank Board of Directors has approved a $180 million International Development Association (IDA) credit to support Senegal’s efforts to enhance the policy and institutional framework of the energy.
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Business & Economy
World Bank Group launches L’Afrique Excelle to support Francophone Africa’s top tech entrepreneurs
19/11/2018The World Bank Group has announced L’Afrique Excelle, a six-month business acceleration program designed to support the 20 most promising growth stage technology start-ups operating in Francophone Africa. Entrepreneurs will.
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Rwanda, World Bank sign $20 million agreement to support public financial management reforms
08/11/2018The Government of Rwanda and the World Bank Group have signed a $20 million credit agreement to improve budget reliability and control of funds for service delivery, enhance budget transparency..
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Kenya’s GDP projected to rise by 5.7% in 2018 – World Bank
11/10/2018Kenya’s real gross domestic product (GDP) growth is projected to rise to 5.7% in 2018—up from 4.9% in 2017—and continue to increase steadily to 5.8% in 2019, and 6.0% in.
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Kenya’s economy poised to rebound in 2018, World Bank
11/10/2018Kenya’s real gross domestic product (GDP) growth is projected to rise to 5.7% in 2018—up from 4.9% in 2017—and continue to increase steadily to 5.8% in 2019, and 6.0% in.
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World Bank projects 2% growth in the MENA region
10/10/2018Growth in the Middle East and North Africa (MENA) region is projected to rebound to an average of 2% in 2018, up from an average 1.4% in 2017 according to.
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Kenya: World Bank Unit Invests Sh20 Billion in Kenya Firms
28/09/2018World Bank’s private financing arm International Finance Corporation invested Sh20 billion in Kenya the year ended June and expects that this will at least double in the year ending next.
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