Latest
South Sudan secures $120m from World Bank for infrastructure growth
South Sudan secures $120m from World Bank for infrastructure growth
South Sudan said Thursday it has secured 120 million U. S. dollars from the World Bank through its development arm International Development Association for infrastructure development.
Agak Achuil Lual, Minister of Finance and Economic Planning said the funds would also be used to strengthen community institutions and enhance food resilience in the east African country.
“The funds will help improve basic services delivery, particularly for the country’s most vulnerable populations and foster social cohesion which is vital for the development of the country,” Lual said in a statement issued in Juba, the capital of South Sudan.
The official said the project will be implemented under the five-year strategic plan of enhancing community resilience and local government project phase II (ECRP-II), noting that the project will also benefit 920,000 people in 12 of the country’s 79 counties.
The minister said a series of conflicts and a succession of severe floods have had a devastating effect on South Sudan’s infrastructure.
Firas Raad, World Bank country manager for South Sudan, said conflict has forced displacement of millions of South Sudanese hence affecting their social fabrics, weakening both formal and informal institutions in the country.
Raad said the money will help improve access to basic infrastructure, strengthen community institutions and also enhance food resilience.
He said the project will target the most conflict-affected areas to scale up reconstruction efforts.
He added that the project will be implemented by the ministry of finance in collaboration with the local government board across the country.
-
Education1 week agoUniversity of Ibadan releases 2026/2027 post-UTME screening results
-
Football1 week agoUnpaid £185m Club World Cup fund sparks fresh FIFA controversy
-
Football2 days agoFrance confirms U-20 Women’s World Cup participation amid FIFA-UEFA rift
-
Business2 days agoNigeria’s external debt service falls 31.5% to $954m in Q1 2026
-
Business7 days agoBreaking: NNPCL reduces pump price of petrol as competition intensifies
-
Featured2 days agoOsun Governorship Election: Adeleke faces tough test as APC, ADC mount challenge
-
Latest2 days agoNFF denies calling for Infantino’s resignation
-
Business2 days agoNaira at ₦1,360/$: Can the currency’s new stability last?


