World Bank Applauds Mauritania’s Economic Stability Amid Slower Growth in 2024
The World Bank has commended on June 19 Mauritania for maintaining macroeconomic stability despite a slight slowdown in economic growth in 2024, which stood at […]
World Bank
World Bank Approves $250 Million for Morocco’s Social Protection Reform
The World Bank has approved a $250 million financing package to support Morocco’s comprehensive social protection reform, marking a significant boost to the country’s efforts […]
World Bank Approves $300 Million Package to Bolster Tanzania’s Disaster Resilience
Nearly 1.9 million Tanzanians are set to benefit from enhanced disaster preparedness and response mechanisms following the approval of a $300 million financing package by […]
Congo powers ahead: World Bank commits $1bn to Inga III hydropower revival
The Democratic Republic of Congo (DRC) has secured a $1 billion commitment from the World Bank to jumpstart the long-stalled Grand Inga hydropower project, potentially […]
Nigeria: In 2025, L-PRES Plans to Vaccinate 1.4 Million Animals
In order to improve disease prevention and advance public and animal health, the Livestock Productivity and Resilience Support Project (L-PRES) is planning to vaccinate 1.4 […]
Nigeria Secures $200 Million Deal to Power Rural Areas with Renewable Energy
Nigeria has signed on March 10 a $200 million agreement with WeLight, a pan-African Distributed Renewable Energy (DRE) company, to deploy hundreds of renewable mini-grids […]
Nigeria’s Economy Sees Strongest Growth in Three Years in Q4 2024
Nigeria’s economy experienced its fastest growth in three years during the fourth quarter of 2024, with a year-on-year increase of 3.84%. This marked a significant […]
Nigeria’s Inflation Rate Drops Following Major Statistical Overhaul
Nigeria’s annual inflation rate dropped significantly to 24.48% in January 2025, following the rebasing and updating of the country’s price index for the first time […]
World Bank Report Highlights Ghana’s Vulnerability to Global Economic Shocks
A recent World Bank report has warned that Ghana remains highly vulnerable to global economic shocks, largely due to its reliance on oil-driven growth and […]
Botswana faces surge in gender-based violence despite new laws
Despite efforts by Botswana’s authorities to tackle gender-based violence, nearly 100 women were raped and 10 were murdered in December last year, 2024, officials have […]