May 6, 2021
  • May 6, 2021

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Ethiopia signs $907 mln financing agreement with World Bank

by on April 23, 2021 0
Ethiopia’s finance ministry signed a $907 million financing agreement with the World Bank on Friday geared towards improving access to financing, the fight against COVID-19 and electricity investment, it said. Some $700 million was a loan and $207 million a grant, the ministry said in a statement. The ministry said that $200 million will... Read More

World Bank Commits $12 Billion for Vaccinations in Africa

by on January 30, 2021 0
The World Bank has committed $12 billion to African countries to support vaccination programs across a continent that hasn’t been able to keep pace with developed nations’ rollouts. The World Bank money will be in the form of grants or on “highly concessional terms,” said David Malpass, president of the World Bank, in a statement following a Jan.... Read More

World Bank to invest $5 bln in Nigeria, 10 other African countries

by on January 12, 2021 0
The World Bank has said that it would invest over $5 billion over the next five years to help restore degraded landscapes, improve agriculture productivity, and promote livelihoods in 11 African countries as they recover from the COVID-19 pandemic. World Bank Group President David Malpass said the investment would help improve livelihoods as those... Read More