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World Bank

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 […]

Tanzania: World Bank lifts aid embargo, approves new loan

September 13, 2019 Khalid Al Mouahidi 0

The World Bank has approved a $450 million loan to Tanzania, the bank said on Friday. The move comes a year after the Bretton-wood institution […]

Botswana announces massive investments in renewable energy

April 30, 2019 Khalid Al Mouahidi 0

The government of Botswana has recently reached an agreement with the World Bank to develop a national strategic plan for the development of renewable energy […]

Guinea gets $106 million to develop off grid projects

April 4, 2019 Khalid Al Mouahidi 0

In Guinea, the World Bank and the French Development Agency (AFD) will support electrification projects in the capital city Conakry, and develop off grid in […]

AfDB, World Bank commit more funds for renewable energies in Africa

March 15, 2019 Khalid Al Mouahidi 0

The African Development Bank (AfDB) will soon launch ‘Green Baseload’ Facility to provide concessional finance to support reliable and affordable renewable energy, the bank’s president […]

World Bank Injects $50 Million to Improve Southern Africa Agriculture Productivity

December 20, 2018 Steven Addamah 0

Efforts to improve agriculture productivity in Southern Africa got a boost following the World Bank Board approval this week of a $50 million project to […]

Senegal to build sustainable digital economy with World Bank support

December 19, 2018 Geraldine Boechat 0

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 […]

Nigeria: Less than 2 percent GDP growth in 2018 – World Bank

November 29, 2018 Steven Addamah 0

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, […]

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  • South Sudan Losing Revenue as Official Warns of ‘Outdated’ 5% Import Duty
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