Most Recent News

World Bank Agrees to Help Morocco Reduce Debt to 60% GDP

The new partnership agreement, set to take effect January 2019, aims to address Morocco’s health, socioeconomic, and unemployment challenges. According to Le360, the World Bank has pledged to give Morocco.

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World Bank’s IFC, Egypt sign deal to support Africa start-ups

The World Bank’s private sector arm has signed on Thursday an agreement with Egyptian government aimed at supporting young entrepreneurs and start-ups in Africa to drive innovation and economic growth..

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World Bank Sees Zambia Economic Growth at 4 Percent in 2017

Zambia’s economic growth is seen rising to 4 percent in 2017 and 4.2 percent in 2018, the World Bank said on Monday, predicting a jump in copper prices and improved.

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Tanzania Secures $225m Loan from World Bank Approves for Water Sector

The World Bank’s board of executive directors has approved a $225 million loan to Tanzania to improve water supply in the African nation’s commercial capital Dar es Salaam, the bank.

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NIGERIA: NIGER DELTA MINISTRY, WORLD BANK TO COLLABORATE ON COASTAL AREAS DEVELOPMENT

  Efforts to alleviate the sufferings of the people living in the coastal communities of the Niger Delta is in sight as the Ministry of Niger Delta Affairs and the.

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African Economic Growth to Slip to 1.6 Pct This Year: World Bank

Economic growth in sub-Saharan Africa is likely to slip to 1.6 percent this year, from 3 percent in 2015, due to continuing woes in the continent’s largest economies South Africa.

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Drug Resistance in People and Animals May Push Millions into Poverty: World Bank

By Alex Whiting If drug-resistant infections in people and animals are allowed to spread unchecked, some 28 million people will fall into poverty by 2050, and a century of progress.

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World Bank Group Commits US$5 Billion to Boost Electricity Generation in Six African Countries

 WASHINGTON, August 5, 2014 – The World Bank Group today committed $5 billion in new technical and financial support for energy projects in six African countries– Ethiopia, Ghana, Kenya, Liberia,.

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World Bank Approves $150m Grant For Education In Africa

Nineteen university-based African Centers of Excellence (ACE) across seven countries in West and Central Africa (Nigeria, Ghana, Senegal, Benin, Burkina Faso, Gambia, Togo and Cameroon) will receive a combined grant.

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World Bank postpones $90m Uganda loan over anti-gay law

The World Bank has postponed a $90m (£54m) loan to Uganda over its tough anti-gay law, which has drawn criticism from around the world. World Bank officials said they wanted.

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