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Development Bank Ghana Seeks Fivefold Lending Leap in 5 years

Development Bank Ghana, which officially starts operations on Tuesday with about $800 million in the capital, plans to grow lending fivefold over the next five years to help end a.

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Nigeria plans healthcare funds for poor without schemes

Nigeria plans to set up a healthcare fund to cover up to 83 million poor people who cannot afford premiums for insurance schemes, President Muhammadu Buhari said at the signing.

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Ethiopia, World Bank agree $300 mln grant for reconstruction

The finance ministry said that Ethiopia and the World Bank had signed a pact for a grant of $300 million to assist reconstruction and recovery in conflict-hit areas. Fighting that.

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Nigeria Can Earn More $23bn By Closing Gender Gap – World Bank

The World Bank has said that the Nigerian economy could earn an additional $23- $ 29 billion if the country closed the gender gap. This was contained in its new.

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President Buhari Launches $19Billion Climate Fund Project, Solicits Support

On Monday, Nigeria’s President, Muhammadu Buhari, actuated a $19 Billion Fund to be channelled towards ecosystem restoration, tree planting, climate-resilient infrastructure, and climate-smart agriculture, amongst others. The president called on.

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World Bank projects Africa growth to drop to 3.4 per cent

This year, Africa’s economic growth will drop to 3.4 per cent, down 0.6 percentage points from the four per cent growth recorded in 2021 due to new macroeconomic shocks. The.

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World Bank grants Ethiopia $300m for Tigray war recovery

Ethiopia received a massive boost to rebuild from the Tigray war after the World Bank agreed to disburse $300 million targeted at local communities whose lives have been destroyed. The.

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World Bank to finance four projects worth $495 million in Senegal

The World Bank said on Tuesday it has signed deals to finance four projects in Senegal worth a total of $495 million to help improve education, electricity, economic development and.

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Senegal to build sustainable digital economy with World Bank support

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 institutional framework of the energy.

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World Bank Group launches L’Afrique Excelle to support Francophone Africa’s top tech entrepreneurs

The World Bank Group has announced L’Afrique Excelle, a six-month business acceleration program designed to support the 20 most promising growth stage technology start-ups operating in Francophone Africa. Entrepreneurs will.

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