By Deji Abdulwahab Abuja – World Bank on Thursday commended the staff and management of Nigeria Erosion and Watershed Management Project (NEWMAP) for effectively executing the project to make it a success story in the […]
NAIROBI – The World Bank and the African Development Bank will together commit more than $47 billion by 2025 to help African countries tackle the effects of climate change, the banks said on Thursday. Many […]
JOHANNESBURG – The World Bank will lend Angola $1 billion to fund social security and water projects, the president’s office said on Wednesday. Angola, Africa’s second largest oil producer, has been pushed into an economic […]
Colombo – The World Bank on Monday approved 125 million dollars loan for Sri Lanka to help small farmers improve productivity and tackle climate change, local media reported. The World Bank Country Director for Maldives, […]
By Kudirat Musa/Hawa Lawal Abuja – The World Bank has given a pass mark to Fadama III programme in Nigeria for the success recorded in the implementation of its programmes ahead of its Dec. 31, […]
Johannesburg – The World Bank says South Africa’s economic growth will accelerate to 1.3 per cent in 2019 from an estimated 0.9 per cent in 2018. The World Bank, in its latest report on Tuesday […]
By Oluwafunke Ishola Lagos, – The Lagos Chamber of Commerce and Industry (LCCI) says the World Bank needs to review the indicators for composition of the Ease of Doing Business Index to reflect the reality […]
By Rabiu Sani Maiduguri – The World Bank-assisted Community and Social Development Programme (CSDP) executed 62 social and economic development projects in Borno in 2018, Alhaji Ciroma Musa, the programme’s manager, has said. Musa told […]
By Folasade Folarin Abuja – The Federal Government says the 36 states and the Federal Capital Territory (FCT), will soon access the World Bank’s 750 million dollar loan and grant. The Minister of […]
ABU DHABI – Egypt’s central bank wants the World Bank and International Monetary Fund to include the country’s informal sector in their gross domestic product figures and other macro-indicators for Egypt, the bank’s deputy […]
By Lucy Nwachukwu Abuja – Mr Ebrima Faal Senior Director, Nigeria Country Deparment, African Development Bank (AfDB), said the bank’s 256 million dollar initiative would support government’s effort to rehabilitate homes in the North-East. […]
Enugu – Gov. Ifeanyi Ugwuanyi of Enugu State has cautioned traditional rulers and leaders of communities against misappropriation of funds provided by World Bank for various rural projects in the state. Ugwuanyi gave the warning […]
By Philip Yatai Kaduna, – The Kaduna State government says it has commenced the disbursement of N3.3 billion 2018 female teachers and girl-child scholarship, and schools development grant to beneficiaries. The News Agency of […]
COPENHAGEN – Tanzania’s second-biggest donor Denmark said it would withhold $10 million worth of aid money, citing concerns over human rights abuses and “unacceptable homophobic comments” made by a government official. The decision came on […]
HARARE – Zimbabwe aims to clear its $2 billion arrears with the World Bank and African Development Bank in the next 12 months, after securing the support of international creditors and donor countries, Finance Minister […]
The World Bank says it “has to take some responsibility’’ for advising Nigeria and other African countries to invest more in roads, railways and energy rather than in education and health. The World Bank President, […]
By Kudirat Musa Most farmers believe that Fadama — cultivation and farming by irrigation — has improved farming since its introduction in 1993. Agriculturists also note that with Fadama method of farming, farmers can develop […]
By Folasade Folarin/Racheal Ishaya Bali (Indonesia) – The Minister of Finance, Mrs Zainab Ahmed and the Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, will join other economic experts from around the world […]
Dar es Salaam – The World Bank on Tuesday confirmed it was withholding 50 million dollars of grant for Tanzania because the bank was deeply concerned about restrictions that the government has placed on […]
Manila – The World Bank has released 496.25 million dollars to support the Philippine government’s efforts to hasten recovery, rehabilitation, and reconstruction in areas battered by Typhoon Mangkhut in September, the bank said on Tuesday. […]
Lusaka – The World Bank says that it will partner with the Zambian government for the construction of 82 secondary schools. Nalin Jena, World Bank Senior Education Specialist, said this when he led a delegation […]
(Sundiata Post) — The Federal Government has welcomed the Sahel Initiative by the United Nations aimed at tackling development challenges of countries in the Sahel Region of Africa, noting that security challenges ravaging the region […]
By Oluwabukola Akanni Ibadan — Gov. Abiola Ajimobi of Oyo State on Thursday solicited the intervention of the World Bank in funding education-based projects in the state. Ajimobi, who spoke through his deputy, Chief […]
By Prudence Arobani New York – The World Bank has announced an additional $600 million (about N216 billion) for projects in the Lake Chad Basin region devastated by the Boko Haram […]
By Mercy Obojeghren Asaba – Mr Frank Akpoku, Coordinator State Employment and Expenditure For Result (SEEFOR) project, on Friday said six technical colleges and three vocational centres recorded increased students’ enrollment in the […]
By Ifeanyi Olannye Asaba – Gov. Ifeanyi Okowa of Delta has commended the World Bank for partnering with the state government on various projects and programame, which had engaged over 700 youths in the […]
By Segun Giwa Akure – The Ondo State Government has concluded plans to partner with World Bank and the Federal Government on ‘Livestock Productivity and Resilience Project.’ Gov. Oluwarotimi Akeredolu made the disclosure on Tuesday […]
JOHANNESBURG – A month after Cyril Ramaphosa took the helm of South Africa’s ruling African National Congress (ANC) in December, he called an urgent meeting with then-President Jacob Zuma and senior ministers to save […]
By Philip Yatai Kaduna – The Civil Society Action Coalition on Education for All (CSACEFA) has commenced training for Civil Society Organisations (CSOs) on the monitoring of implementation of the 100 million dollars Global Partnership […]
By Philip Yatai Kaduna, – The Kaduna State Government in Partnership with Digital Naija on Tuesday commence a three-day training of 900 youth on the use of digital platforms to earn […]
By Temitope Ponle Accra – The Economic Community of West African States (ECOWAS) is set to enhance sustainable electricity access through solar in 19 West African countries and the Sahel region to promote development […]
By Racheal Ishaya Abuja – A World Bank mission comprising 10 executive directors is expected in Nigeria on Wednesday to hold high-level discussions with Vice President Yemi Osinbajo, Minister of Finance Kemi Adeosun and […]
(Sundiata Post) – A World Bank Mission, comprising of 10 Executive Directors, is expected in Nigeria on Wednesday to hold high-level discussions with the Vice President, Prof. Yemi Osinbajo, Minister of Finance, Mrs. Kemi Adeosun […]
By Folasade Adeniran/Esenvosa Izah Lagos – The Lagos State Government is to intensify public enlightenment on health hazards of air pollution as it works closely with the World Bank to address the impact. The […]
NAIROBI – The World Bank said on Thursday it had given Kenya a $1 billion concessional loan for energy, transport and water infrastructure projects in poorer regions in its north and northeast. These regions have […]
NAIROBI – The World Bank approved a $180 million loan guarantee on Monday for Kenya Electricity Generation Company to help strengthen the financial position of the state-run company, which produces more than 70 percent of […]
By Kudirat Musa Abuja – The World Bank, through the FADAMA III Additional Financing (AFII) Programme, will soon disburse N8.6 billion to 5,916 youths across the country in the Graduate Unemployment Youths Support Scheme […]
By Racheal Ishaya Washington DC – World Bank’s International Development Association (IDA) on Tuesday launched a 1.5 billion-dollar bond, the first in its nearly 60-year history. The World Bank Group President, Mr Jim Yong […]
JOHANNESBURG – The World Bank on Tuesday raised its 2018 economic growth forecast for South Africa to 1.4 percent, from an earlier forecast of 1.1 percent growth. The international lender said the improved […]
Kano – Kano State Government has signed a Memorandum of Understanding with the World Bank to construct 500 kilometres of roads in rural areas of the state. A statement by Abba Anwar, Chief Press […]
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