World Bank’s investment arm to boost local-currency lending in Africa
The International Finance Corporation, the World Bank's private investment arm, is expanding its local-currency lending and direct investments into companies ...
Tag: World Bank
Nigeria’s economy growing but high food prices a burden, World Bank says
Nigeria has made significant progress in stabilizing its economy through recent policy reforms but needs to do more to improve ...
South Africa agrees $1.5 billion World Bank loan to upgrade infrastructure
South Africa has signed a $1.5 billion loan agreement with the World Bank, aiming to overhaul its transport and energy ...
World Bank disburses additional $215m loan to Nigeria for palliatives
The World Bank has disbursed additional funds to Nigeria under the $800m National Social Safety Net Programme-Scale Up, raising the ...
SADC declares Zimbabwe debt resolution a regional priority
The Southern African Development Community (SADC) has thrown its full support behind Zimbabwe’s debt resolution initiative, declaring it a regional ...
African nations seek to connect 300 million people to power by 2030
Several African nations committed on Monday to open up their electricity sectors to attract investors and light up homes of ...
DRC on a mission to financing the world’s largest hydropower dam
The World Bank and other financial institutions are engaged in discussions about funding a mega hydro-power project in the Democratic ...
World Bank approves $1.57 billion loan for Nigeria
The World Bank has approved a $1.57 billion financing package for Nigeria under a new programme to support its health ...
Fitch downgrades Kenya after revenue policy reversal
Global credit ratings agency Fitch downgraded Kenya's sovereign rating to "B-" from "B" on Friday, citing heightened risks to the ...
World Bank approves $1.5 bln in financing for Ethiopia
The World Bank's board has approved $1.5 billion in financing for its first ever budget support lending to Ethiopia, the ...
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