Tag: World Bank

South Africa secures $1.5 billion World Bank loan

South Africa has finalized a $1.5 billion loan agreement with the World Bank to support efforts aimed at…

World bank approves $1.5 billion for Ethiopia’s budget support

The World Bank’s board has approved a landmark $1.5 billion financing package for Ethiopia's budget support, marking the…

World bank funds $260 million to transform Ghana’s energy sector

The World Bank has sanctioned a $250 million credit via the International Development Association (IDA) and a $10…

Nigeria To Receive Final Approval For $2.25bn Loan From World Bank Board In June

Nigeria is about to get a big loan from the World Bank, which will help the country with…

World Bank restructures $200M Nigeria project due to poor performance

The World Bank has announced its intention to undertake a comprehensive restructuring of the Innovation Development and Effectiveness…

Somalia secures $4.5 billion debt relief from IMF and World Bank

Somalia's Prime Minister, Hamza Barre, has announced a significant milestone for the country, revealing that the International Monetary…

Africa gets World Bank approval of $365m for advancing girls and women empowerment

Special to USAfrica magazine (Houston) and USAfricaonline.com, the first Africa-owned, US-based newspaper published on the Internet. The World…

Zambia declines World Bank intervention to restructure its loan with China

  Situmbeko Musokotwane, Zambia's finance minister, stated in an interview that the southern African nation hopes to repay…

USAfrica: What’s missing in The World Bank report on Nigeria. By Augustine Mbah

Special to USAfrica magazine (Houston) and USAfricaonline.com, first Africa-owned, US-based newspaper published on the Internet.  Augustine. C. Mbah,…

World Bank report on Nigeria cites threats, insufficient forex, insecurity

Special to USAfrica magazine (Houston) and USAfricaonline.com, first Africa-owned, US-based newspaper published on the Internet.  The World Bank’s…

Ngozi Okonjo-Iweala, catalyst and innovator for global finance and trade. By Chido Nwangwu

By Chido Nwangwu, Founder & Publisher of USAfrica magazine (Houston) and the first African-owned, U.S-based newspaper published on…

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