The Government of Rwanda and the World Bank Group have signed a $20 million credit agreement to improve budget reliability and control of funds for service delivery, enhance budget transparency..
Kenya’s real gross domestic product (GDP) growth is projected to rise to 5.7% in 2018—up from 4.9% in 2017—and continue to increase steadily to 5.8% in 2019, and 6.0% in.
Kenya’s real gross domestic product (GDP) growth is projected to rise to 5.7% in 2018—up from 4.9% in 2017—and continue to increase steadily to 5.8% in 2019, and 6.0% in.
Growth in the Middle East and North Africa (MENA) region is projected to rebound to an average of 2% in 2018, up from an average 1.4% in 2017 according to.
World Bank’s private financing arm International Finance Corporation invested Sh20 billion in Kenya the year ended June and expects that this will at least double in the year ending next.
The World Bank Group is committing $1 billion to a new global programme aimed at accelerating investments in battery storage for energy systems in developing and middle-income countries. The project.
The World Bank has approved $80 million in loans to Somalia to fund public finance reforms, the first loan it has given the country for 30 years. The lender cut.
The World Bank Group’s Board of Executive Directors has approved a $45 million International Development Association grant to support the second phase of the Government of Mozambique’s Conservation Areas for.
South Africa’s efforts to strengthen its financial sector stability and improve financial inclusion got a boost with the signing of $4.6 million multi-donor Trust Fund program by the World Bank.
According to the bank, the development objective of the sustainable program is to strengthen institutions and policies for increasing access and improving rural sanitation services in the country’s poorest governorates..
