World Bank Projects Sustained Economic Growth for Zimbabwe
Zimbabwe’s short-term economic prospects are strengthening, with the World Bank projecting growth to hold at 5 percent in 2026. The latest Zimbabwe Economic Update, unveiled […]
World Bank
World Bank Raises Kenya’s 2025 Growth Forecast Amid Strong Construction Recovery
The World Bank, on Monday, November 24, has upgraded Kenya’s 2025 economic growth projection to 4.9 percent, up from its earlier estimate of 4.5 percent, […]
World Bank Grants Tunisia $430 Million to Advance Clean Energy Transition
The World Bank announced on Tuesday, November 11, that it has signed a $430 million financing agreement with Tunisia to support the country’s shift towards […]
Mozambique Pays Over $42 Million to China in Debt Service Despite Loan Relief Measures
Mozambique paid more than US$42.2 million to China in debt service over a three-month period, making Beijing its largest bilateral creditor, according to data from […]
Ramaphosa Seeks Bold Financial Reforms and Fairer Global Economy at G20 Summit
South African President Cyril Ramaphosa has expressed optimism that the upcoming G20 Leaders’ Summit in Johannesburg will deliver tangible reforms to the global financial system […]
Senegal Raises Debt Service Projections by $5.8 Billion Ahead of IMF Talks
Senegal has revised its debt service projections upward by about 3.2 trillion CFA francs ($5.8 billion) over the next three years, as reflected in a […]
Madagascar’s Interim President Appoints Herintsalama Rajaonarivelo as Prime Minister
Madagascar’s interim President, Colonel Michael Randrianirina, has appointed Herintsalama Rajaonarivelo as the country’s new Prime minister following recommendations from the National Assembly. The appointment was […]
World Bank Upgrades Sub-Saharan Africa’s Economic Outlook amid Stabilizing Markets
Sub-Saharan Africa’s economic trajectory shows renewed promise as the World Bank revised its growth projections upward to 3.8% for this year, marking a significant improvement […]
Mozambique Launches $6 Billion Hydropower Project to Transform Regional Energy Access
Mozambique has secured World Bank backing for the $6 billion Mphanda Nkuwa hydroelectric plant, southern Africa’s largest power project in half a century. Located on […]
World Bank Launches PARAEB to Elevate Basic Education and Regional Integration in the Sahel
The Project to Improve Learning Outcomes in Basic Education (PARAEB) has been launched in Chad, on July 22, introducing a unique regional approach aimed at […]