Senegal to build sustainable digital economy with World Bank support
The World Bank Board of Directors has approved a $180 million International Development Association (IDA) credit to support Senegal’s efforts to enhance the policy and […]
World Bank
Nigeria: Less than 2 percent GDP growth in 2018 – World Bank
Nigeria’s economy is expected to post less than 2 percent growth this year. The growth is largely driven by the non-oil industry and service sectors, […]
World Bank Supports Efforts to Upgrade Djibouti Slums
The World Bank Friday approved an International Development Association (IDA) package of $20 million to support Djibouti’s efforts to improve the living conditions for residents […]
Ethiopia gets $1.2 bln loans, grants from World Bank
The World Bank has approved $1.2 billion in grants and loans to Ethiopia, the Washington-based lender said in a statement. According to the bank, the […]
EU to provide €100 million to Somalia
The EU and Somalia signed Sunday (Oct. 14) an agreement to provide €100 million to the Somali budget over the next two and a half […]
Nigeria: Buhari asks lawmakers to approve $2.79 bln Eurobond
Nigerian President Muhammadu Buhari on Tuesday asked lawmakers to approve the issuance of a $2.79 billion Eurobond. According to Buhari, the Eurobond will help Africa’s […]
World Bank could suspend funding to Tanzania over new statistics law
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
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
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
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 […]