The World Bank wants to release $170 billion to curb the world’s crises
World Bank President David Malpass announced Monday that he is preparing a $170 billion aid package over 15 months to help countries deal with multiple […]
World Bank
Namibia to accelerate exploration of deep-sea oil field
Namibia intends to accelerate the development of its first oil field to ensure production by 2026, an energy official said Monday. The revelation follows a […]
Nigerian government maintains fuel subsidies
Nigeria’s government has announced that it will once again abandon the removal of fuel subsidies, a hugely popular measure in Africa’s most populous country, a […]
World Bank supports Morocco’s governance modernization with $450 mln loan
The World Bank approved on Dec 15 a loan of $450 million in support of Morocco’s governance efforts notably in terms of public sector modernization. […]
President Obiang, 42 years in power, running for a 6th term in Equatorial Guinea
The president of Equatorial Guinea Teodoro Obiang Nguema Mbasogo, who holds, with 42 years, the world record of longevity of a Head of state still […]
Covid-19: Aspen receives €600 million in funding for vaccines in Africa
International donors on Wednesday pledged 600 million euros to the South African pharmaceutical giant Aspen to boost production of coronavirus vaccines in Africa, where only […]
Mozambique: The World Bank grants 100 million dollars for the north of the country
Two days after the announcement of the suspension of the gas project of the French group Total in the northeast of Mozambique, the World Bank […]
Central African Republic: Faustin-Archange Touadéra sworn in for a second term
The President of Burundi was on hand, as were the Prime Ministers of Rwanda, Cameroon and Gabon, while Angola, Congo, Chad and Equatorial Guinea were […]
DRC: Alleged embezzlement scandal blocks World Bank aid
A little more than a year after the introduction of free primary education, the flagship measure of President Felix Tshisekedi, a scandal of alleged misappropriation […]
World Bank backs Morocco’s Generation Green program with line of credit worth $250 million
The World Bank Wednesday announced it approved $250 million in form grant to Morocco for the financing of its Generation Green program in support for […]