As debt pressures grow, African governments are reassessing the trade-offs of concessional financing.
Anambra State Governor, Professor Charles Soludo, has explained why his administration withdrew the state from a World Bank loan programme, saying prevailing macroeconomic conditions at the time made ...
Vodacom and the World Bank have wired a combined Sh337.6 billion into government accounts, helping lift Kenya’s foreign exchange reserves to a record $15.4 billion (Sh1.99 trillion), new data ...
South Africa's recent decision to secure a R24.7 billion loan from the World Bank raises critical questions about the ...
Nepal is negotiating $68 million in loans and grants from the World Bank for the Nepal Clean Air and Prosperity Project to reduce industrial emissions, strengthen pollution control and build ...
WASHINGTON, June 30 (Reuters) - The World Bank will phase ⁠out ⁠its lending to China by 2031 ⁠after years of declining loans, reflecting the country's rise to become the world's second-largest economy ...
The facility, which is in the Sohar Free Zone of Oman, began construction in March 2024. Image: Sohar Port and Freezone The World Bank has approved a loan and investment worth up to US$250 million for ...
March 31 (Reuters) - The ⁠World ⁠Bank on ⁠Tuesday approved a loan of $2 billion to Turkey ‌for a new ‌railway line ⁠across ⁠the Bosphorus in what would be the nation's largest foreign-financed railway ...
The World Bank plans to end lending to China by 2031 under a new partnership framework, reflecting the country’s economic ...