World Bank – Page 12 – Medafrica Times

World Bank could suspend funding to Tanzania over new statistics law

October 4, 2018 Geraldine Boechat 0

The World Bank may suspend funding to Tanzania over a new legislation that would punish anyone who questions official statistics. According to the World Bank, […]

Growth in Sub-Saharan Africa Slower than Expected

October 4, 2018 Khalid Al Mouahidi 0

Sub-Saharan African economies are still recovering from the slowdown in 2015-16, but growth is slower than expected, according to the October 2018 issue of Africa’s […]

Kenya’s external position is strong – IMF

September 14, 2018 Steven Addamah 0

The International Monetary Fund said Kenya’s external position is strong and it will continue to support its reform efforts through policy advice. Kenya secured a […]

Ethiopia inks $1 bln World Bank deal to support reforms

August 27, 2018 Geraldine Boechat 0

The new reformist Prime Minister of Ethiopia Ahmed Abiy has secured a $1 billion deal from the World Bank to continue the ongoing reforms in […]

Côte d’Ivoire to build its first biomass power station from cocoa waste

July 3, 2018 Khalid Al Mouahidi 0

Côte d’Ivoire, the world’s top cocoa producer plans to build a 60 to 70 megawatts (MW) capacity biomass power generation plant running on waste from […]

World Bank approves $455 million loan for Tanzania power projects

June 22, 2018 Khalid Al Mouahidi 0

The World Bank has approved a $455 million loan to Tanzania under its International Development Assistance (IDA) program to boost access to power for the […]

African Development Bank debars CHINT Electric for 36 months for fraudulent practices

May 9, 2018 Steven Addamah 0

The African Development Bank Group (AfDB) announced on Monday the conclusion of a settlement agreement with CHINT Electric Co., Ltd., a power transmission and distribution […]

Kagame appoints female CEO for national carrier RwandAir

April 9, 2018 Steven Addamah 0

Rwanda’s President Paul Kagame has appointed Yvonne Manzi Makolo as Chief Executive Officer (CEO) of Rwanda’s national carrier, RwandAir. Makolo’s appointment was part of a […]

São Tomé and Príncipe gets $10 million boost from the World Bank

March 9, 2018 Steven Addamah 0

The World Bank will provide about $10 million to finance social projects in São Tomé and Príncipe. The projects will help the West African archipelago […]