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World Bank

Somalia Achieves 99% Debt Cancellation from Paris Club Creditors

March 14, 2024 Steven Addamah 0

Somalia successfully negotiated the elimination of 99% of its debt to members of the Paris Club, marking a significant achievement in the nation’s journey to […]

Namibia: swift and peaceful transition praised after president Geingob’s death

February 8, 2024 Geraldine Boechat 0

Namibia’s new interim president, Nangolo Mbumba, has said he has no plans to run in the presidential elections in November following the death of President […]

World Bank forecasts 4.8 per cent economic growth for Madagascar for 2024

January 13, 2024 Steven Addamah 0

Madagascar’s will witness a 4.8 per cent economic growth this year, the World Bank says in its economic outlook for the African country for 2024. […]

Uganda to destroy 6.7 million euros worth of out-of-date Covid-19 vaccines

January 11, 2024 Steven Addamah 0

The Ugandan authorities are to destroy 5.6 million out-of-date doses of Covid-19 vaccine, worth an estimated 6.7 million euros, according to a report presented to […]

Cape Verde will organize Youth Investment Summit in 2024

December 5, 2023 Geraldine Boechat 0

Cape Verde will organize an investment summit next year, focusing on young people, in partnership with Portugal, Luxembourg, the World Bank, the African Development Bank, […]

Nigeria drops legal action against Italian oil company Eni

November 17, 2023 Geraldine Boechat 0

Italian oil company Eni continues its legal saga in Nigeria. On Thursday November 16, Abuja withdrew its civil claims against the energy producer. At the […]

Cape Verde takes over the presidency of the Forum of Small Island States

October 16, 2023 Geraldine Boechat 0

Cape Verde’s Finance minister revealed on Sunday, October 15, that Cape Verde has been elected president of the Forum of Small Island States for the […]

Ghana: Sanitation Ministry gets $125m World Bank support for Building capacity of environmental officers

October 5, 2023 Steven Addamah 0

The World Bank has approved $125 million to support a five-year project of the Ministry of Sanitation and Water Resources (MSWR) to build the capacities […]

Cape Verde: World Bank improves rating, praises national policies

September 14, 2023 Khalid Al Mouahidi 0

Cape Verde’s debt management was more effective and included new measures, leading to a positive assessment from the World Bank, 0.8 points above the average […]

IMF has a resident representative in Cape Verde for the first time

August 29, 2023 Steven Addamah 0

The International Monetary Fund (IMF) has a representative resident in Cape Verde for the first time, the Ministry of Finance announced on Monday August 28, […]

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