Zimbabwe’s new Finance Minister said he would accelerate the country’s plan to pay arrears to the World Bank and African Development Bank (AfDB). Mthuli Ncube told...
Statistics from Nigeria’s Debt Management Office (DMO) has revealed that the World Bank’s portfolio in Nigeria now stands at $8.52 billion, indicating an increase of 48.69%...
The World Bank has approved a loan of $2.1bn for several projects in Nigeria, including power, climate change projects and also to boost fiscal transparency. In...
The World Bank Group in a statement on Monday, after the conclusion of a visit to Nigeria by 10 Executive Directors of the Bank from May 9...
Kaduna Governor Nasir el-Rufai did not mince words on Friday when he rained curses on Kaduna’s three senators for blocking his government loan request from the...
The World Bank says unemployment and poverty rates increased in Nigeria despite an exit from recession in 2017. The Bretton Wood institution made these remarks in...
The World Bank says it has approved a 180 million dollars loan guarantee for Kenya Electricity Generation Company to help strengthen the financial position of the...
The President of the World Bank Group, Dr. Jim Yong Kim, at the 2018 IMF/World Bank Spring meetings opening press conference in Washington D.C., chided policy...
The World Bank has revealed providing credit support through the International Development Association (IDA) Credit and an IDA Scale Up Facility Credit to the tune of...
World Bank has approved a 486 million dollars credit facility to Nigeria for electricity grid improvements, the lender said on Friday. “The investments under the Nigeria Electricity...
