Most Recent News

World Bank Moves to end Nigeria’s Regressive Fuel Subsidy

World Bank has resolved to assist Nigeria in phasing out the regressive fuel subsidies plaguing the country and, enhancing social assistance for the poor and vulnerable. The bank’s Group President,.

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Africa’s CDC gets $100 mln from World Bank

Africa’s main public health body, the Africa Centres for Disease Control and Prevention (Africa CDC), will receive $100 million from the World Bank to help African countries prepare for, detect.

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African Heads of State Reaffirm Commitment to Recovering from Crises and Achieving Economic Transformation

African Heads of State and Government reaffirmed their commitment to seize key opportunities to respond to multiple crises and steer their economies to transformative paths, in partnership with the World.

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African Caucus wraps up meeting with adoption of Marrakesh Declaration

The 2022 meeting of the African Consultative Group of Finance Ministers & Central Bank Governors of the 54 African Member States of the World Bank and the IMF wrapped up.

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Liberia, World Bank Sign US$44.6M Financing Agreement

Liberia’s Ministry of Finance and Development Planning (MFDP) and the World Bank have signed financing agreements for two projects totalling US $44.6 million. The first project is the Liberia Women’s.

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World Bank Approves $130m Loan To Tunisia For Wheat And Barley Imports

The World Bank has approved a $130 million loan to Tunisia to help the North African country pay for wheat imports and to buy barley for livestock. The loan will.

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Western and Central African Leaders Endorse a New Roadmap to Tackle the Learning Crisis

More than forty ministers of finance and education from Western and Central Africa concluded a one-day meeting in Accra on Monday, June 27, with an urgent call to advance reforms.

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World Bank approves $474 million loan to South Africa for COVID-19 vaccines

The World Bank has approved a loan of 454.4 million euros ($474.4 million) to help South Africa fund COVID-19 vaccine purchases, the bank and South Africa’s National Treasury said in.

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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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