Zambia receives a $208 million grant from the World Bank to combat a devastating drought threatening food security for millions. The grant will provide emergency cash assistance and strengthen social safety nets.
World Bank
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World Bank’s $138.5 million loan supports Namibia in becoming a renewable energy hub, enhancing its grid with solar and wind projects.
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ECOWAS and the World Bank join forces in the West Africa Food System Resilience Programme to safeguard food security and fortify agricultural resilience across the region amidst challenges like floods and droughts.
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Nigeria is in talks with the World Bank to secure up to $1.5 billion of budget support to help ease a severe dollar shortage that has contributed to the naira’s…
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Somalia has achieved a landmark debt cancellation deal with international lenders, paving the way for the war-torn nation to access financial markets and attract investment after decades of economic stagnation.…
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Nairobi, Kenya – In a recent report, the World Bank has issued a stark warning to Kenya, stating that the country could face a substantial economic setback if it does…
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Uganda is facing a potential loss of vital funding from the World Bank over its harsh anti-LGBTQ law, which has drawn international criticism and condemnation. The law, which President Yoweri…
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Three months after a military coup on July 26, Niger’s economy, one of the globe’s most impoverished, teeters on the brink due to suspended international finance and aid. Following the…
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Pierre Laporte, World Bank’s Country Director for Ghana, praised the Ghanaian government’s dedication to introducing simplified sewerage systems in the nation’s low-income urban communities. During his tour of the Ashaiman…
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Africa is hosting the annual meetings of the International Monetary Fund and the World Bank for the first time in 50 years, amid rising tensions between the US and China…