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World Bank

World Bank supports Guinea-Bissau in public sector and coastal protection

February 7, 2023 Steven Addamah 0

The World Bank and the Government of Guinea-Bissau signed on Monday in Bissau two projects to strengthen the public sector and protect coastal areas, with […]

Equatorial Guinea: Teodoro Obiang invested for a sixth term

December 9, 2022 Geraldine Boechat 0

Equatorial Guinea’s President Teodoro Obiang Nguema Mbasogo, who holds the world record for longevity in power for a living head of state other than a […]

Impact of climate change could reduce Angola’s GDP by up to 6% by 2050

December 8, 2022 Geraldine Boechat 0

The impact of climate change, without mitigation measures, may cause the Angolan economy to shrink between 3 and 6% by 2050, according to a study […]

Mozambique: start of the verdict in the vast “hidden debt” scandal

December 1, 2022 Steven Addamah 0

Phantom fishing vessels, exorbitant foreign loans and people close to the government: the verdict in the gigantic corruption scandal known as the “hidden debt” in […]

World Bank supports Cape Verde with 50.6 ME to face impacts and increase resilience

November 21, 2022 Geraldine Boechat 0

The World Bank announced $52.5 million (€50.6 million) in support for Cape Verde to cope with the impact of the war in Ukraine and increase […]

Guinea-Bissau’s government asks the World Bank for support to manage public salaries

November 15, 2022 Geraldine Boechat 0

Guinea-Bissau’s Finance Ministry, Ilídio Té, met yesterday with the World Bank to request support for the management of civil service salaries, which consume about 80% […]

400 million loan for green energy in South Africa

November 14, 2022 Khalid Al Mouahidi 0

South African energy producers will benefit from a loan of 400 million euros, notably from the European Investment Bank (EIB), to develop renewable energy in […]

Mozambican government requests international funding for the country’s private sector

October 11, 2022 Steven Addamah 0

Mozambique’s Economy and Finance Minister, Max Tonela, on Monday in Washington called for support from the African Export and Import Bank (Afrixembank) for the country’s […]

Mozambique: World Bank resumes direct support to the State Budget

August 29, 2022 Steven Addamah 0

World Bank to disburse $300 million in direct support to Mozambique’s State Budget, six years after international partners suspended the model due to hidden debts. […]

Ticad Summit: Japan wants “African-led” development

August 26, 2022 Steven Addamah 0

Japan says it wants to establish a true “partnership” with Africa for “African-led development” at its triennial summit with the continent this weekend in Tunis, […]

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