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World Bank

Mozambique: The World Bank grants 100 million dollars for the north of the country

April 30, 2021 Steven Addamah 0

Two days after the announcement of the suspension of the gas project of the French group Total in the northeast of Mozambique, the World Bank […]

Central African Republic: Faustin-Archange Touadéra sworn in for a second term

March 31, 2021 Steven Addamah 0

The President of Burundi was on hand, as were the Prime Ministers of Rwanda, Cameroon and Gabon, while Angola, Congo, Chad and Equatorial Guinea were […]

DRC: Alleged embezzlement scandal blocks World Bank aid

January 26, 2021 Khalid Al Mouahidi 0

A little more than a year after the introduction of free primary education, the flagship measure of President Felix Tshisekedi, a scandal of alleged misappropriation […]

World Bank backs Morocco’s Generation Green program with line of credit worth $250 million

December 17, 2020 Khalid Al Mouahidi 0

The World Bank Wednesday announced it approved $250 million in form grant to Morocco for the financing of its Generation Green program in support for […]

Sudan announces transfer of $335 million intended to compensate U.S. victims of terrorism

October 22, 2020 Steven Addamah 0

Sudan claims to have transferred money intended for the victims of the 1998 and 2000 attacks against US interests. Al Qaeda had attacked the American […]

World Bank: Forty million Africans are at risk of falling into extreme poverty because of the Covid-19 pandemic

October 9, 2020 Steven Addamah 0

Leaden by the economic fallout from the Covid-19 pandemic, growth in Sub-Saharan Africa is expected to drop to -3.3% in 2020, leading the region into […]

Despite Covid 19 slowdown Comorian diaspora increase its money transfers towards home

July 1, 2020 Geraldine Boechat 0

Comorians in the diaspora have been particularly generous since the beginning of the Covid-19 pandemic. money transfers increased by a third in the first five […]

Coronavirus: World Bank pledges $60 mln to Kenya

March 17, 2020 Khalid Al Mouahidi 0

The World Bank on Monday announced a $60 million grant to help Kenya battle the coronavirus outbreak. According to the World Bank, the funding will […]

Cameroon: World Bank allocates $200 million to support development policies

October 18, 2019 Khalid Al Mouahidi 0

The International Development Association (IDA), a subsidiary of the World Bank which offers concessional loans and grants to the world’s poorest developing countries, has signed […]

Tanzania: WB releases $4.5 million for drinking water supply to 165 villages

September 30, 2019 Khalid Al Mouahidi 0

The World Bank has awarded a $4.5 million grant to Tanzania to build drinking water supply networks using solar off-grid systems in rural areas. Only […]

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