Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbreak and is forecast to fall sharply from 2.4% in 2019 to -2.1 to...
The Government of Liberia and the World Bank have signed a financing agreement of US$ 40 million dollars as direct budgetary support for Fiscal Year 2019/2020....
The World Bank Group Board of Executive Directors has moved toward normalising its relations with the Federal Government of Somalia (FGS) after thirty years. This will,...
The World Bank has approved six projects to support Nigeria’s development priorities, the digital economy, and job creation. On Wednesday, 19 February 2020, the bank said...
The World Bank’s Country Director in Ghana, Frank Laporte, has urged the Government in Accra to be mindful of the rate at which it borrowed from...
According to the World Bank, the recent rainy seasons in Africa have affected over two million people, due to floods, and displaced over 500 000 others. ...
Ethiopia, Egypt and Sudan have agreed to resume negotiations, in which the United States and the World Bank would participate as observers on the filling of...
Kenya’s economic activity softened in 2019 to 5.8 percent from 6.3 percent in 2018, according to the latest World Bank Kenya economic update released on Thursday,...
Rwanda remains the second easiest place to do business in Africa and is now thirty-eighth globally, according to the 2020 World Bank Doing Business report released...
The World Bank’s 2020 Doing Business Index (DBI) has ranked Nigeria 131 out of 190 countries, up 15 places from its position last year. The report,...