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World Bank earmarks $1b for energy in developing nations

The World Bank Group is committing $1 billion to a new global programme aimed at accelerating investments in battery storage for energy systems in developing and middle-income countries. The project.

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World Bank approves first loans to Somalia in 30 years

The World Bank has approved $80 million in loans to Somalia to fund public finance reforms, the first loan it has given the country for 30 years. The lender cut.

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Mozambique: World Bank invests $45 million to boost rural resilience

The World Bank Group’s Board of Executive Directors has approved a $45 million International Development Association grant to support the second phase of the Government of Mozambique’s Conservation Areas for.

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World Bank, SECO sign $4.6m trust fund to boost SA financial sector

South Africa’s efforts to strengthen its financial sector stability and improve financial inclusion got a boost with the signing of $4.6 million multi-donor Trust Fund program by the World Bank.

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World Bank announces $300 million loan for rural sanitation services in Egypt

According to the bank, the development objective of the sustainable program is to strengthen institutions and policies for increasing access and improving rural sanitation services in the country’s poorest governorates..

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World Bank approves $60m for Ogun rural projects

The World Bank Group, through the International Bank for Reconstruction and Development, has approved $60m grant for the implementation of rural and marketing projects in Ogun State. It was learnt.

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World Bank finances Tunisia-Italy network with $12.5m

The World Bank Group (WB) has signed an agreement with Tunisia to grant the Tunisian government $12.5 million to support the electrical interconnection project with Italy. The grant funds will.

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World Bank Approves 65 Community Projects for Kogi

The World Bank has approved 65 micro projects for Kogi State Community and Social Development Agency (KSCSDA) to be executed in various local government councils in the state. The General.

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World Bank review reveals unchanged quality of policies in Africa

The average quality of policies and institutions in Sub-Saharan Africa was broadly unchanged in 2017, according to the latest review by the World Bank. This is a shift from the.

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World Bank launches $9 million infrastructure project in Somalia

The Federal Government of Somalia and the World Bank have launched the flagship infrastructure project in Somalia. The Somali Urban Resilience Project, SURP, worth $ 9 million, will be the.

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