Most Recent News

World Bank Approves $497 Million For Loan Request To Repurpose Komati Power Plant

A South African project to decommission and repurpose one of state-owned power utility Eskom’s coal-fired power plants using renewables and batteries is set to get $497 million in financing from.

  • 0

Safaricom Ethiopia gains approval to operate M-Pesa

Safaricom Ethiopia has been granted a license to operate M-Pesa mobile money services in the country after authorities confirmed that the law had been changed to allow foreign investment in.

  • 0

Benin: World Bank Okays $150m Over Energy, Others

World Bank has approved $150 million in International Development Association (IDA) financing to assist the Government of Benin to expand access to reliable and sustainable energy and improve fiscal and.

  • 0

Zimbabwe talks with World Bank, IMF Over clearing IFI Debt

Zimbabwe is talking with the World Bank and International Monetary Fund on how to clear its debts with International Financial Institutions (IFI). The finance minister of Zimbabwe, Mthuli Ncube said.

  • 0

IMF Set out for completion of Zambia, Chad debt restructuring

International Monetary Fund, IMF Managing Director, Kristalina Georgieva, has set to ensure the debt restructuring efforts for Zambia and Chad could be completed by the end of the year to.

  • 0

Nigeria: World Bank Okays $750m Credit For Reform, Investment, Job Creation

The World Bank has approved a $750 million credit line for Nigeria to help the country push through reforms to attract investment and create jobs. According to reports, several states.

  • 0

Ghana, Cote d’Ivoire, Others to Benefit from $450m World Bank Projects

The government of Ghana has secured the World Bank’s $450 million multi-country project for the Gulf of Guinea Northern Regions Social Cohesion (SOCO). It would be implemented in Ghana and.

  • 0

The Dawn of African Economic Greatness World-Over

The awful truth about emerging African economic greatness is beginning to dawn on the world. Don’t butt in to think it’s going to be a fleeting excitement. Never. It will.

  • 0

World Bank launches $93B Funds for Low-Income Nations

The World Bank has formally launched its US$93 billion in funding commitments to help low-income countries build up their economies. This development followed the COVID-19 pandemic and other setbacks with.

  • 0

Liberia Set To Host Forest, Climate Resilience Forum

The Liberian government has planned to host a high-level international event to emphasize the value of the nation’s forestry and climate resilience before 2023. Also, partners for the programme are.

  • 0