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December 07, 2023
Africa: From Trash to Trendy Shoes - Access to Business Training and Financing Transforms Waste Into Profits
With a penchant for environmental consciousness, Misgana Gebre Egziabhair skillfully crafts sustainable footwear using recyclable materials such as repurposed automobile tires and… Read more »
December 05, 2023
Africa: 40 Million People in Djibouti and Ethiopia to Reap Gains From Expansion of Digital Economy
Communities in Djibouti and Ethiopia, including borderland areas, refugees and host communities, will benefit from enhanced connectivity as part of a World Bank-backed initiative… Read more »
November 20, 2023
Africa: World Bank Approves a $60 Million Grant to Avert Acute Shortages of Critical and Lifesaving Commodities
Commercial Banks in Malawi will now have access to an imports backstopping facility through a $60 million grant from the International Development Association* (IDA) approved by… Read more »
October 05, 2023
Africa: To Avert a 'Lost Decade', Africa Must Urgently Achieve Stability, Increase Growth, and Create Jobs
Sub-Saharan Africa’s economic outlook remains bleak amid an elusive growth recovery. According to the latest World Bank Africa’s Pulse report, rising instability,… Read more »
April 05, 2023
Africa: Continent's Growth Remains Low - World Bank
Growth across Sub-Saharan Africa remains sluggish, dragged down by uncertainty in the global economy, the underperformance of the continent's largest economies, high inflation, and… Read more »
March 06, 2023
Africa: The Transformation of Africa Starts With Our Girls
"When you educate a girl, you educate a nation." This African proverb resonates with the values passed on to me by my parents and guides my determination to drive change in the… Read more »
January 24, 2023
Africa: Ghana Begins Receiving Payments for Reducing Carbon Emissions in Forest Landscapes
Ghana has become the second country in Africa after Mozambique to receive payments from a World Bank trust fund for reducing emissions from deforestation and forest degradation,… Read more »
December 20, 2022
Africa: New Financing to Support Inclusive and Resilient Economic Recovery and Improved Healthcare Services
The World Bank has today approved two financing programs for Tanzania totaling $775 million. The new International Development Association (*IDA) financing consists of a $500… Read more »
December 15, 2022
Africa: World Bank Approves Additional Financing to Strengthen the Resilience of Food Systems in Sierra Leone
itional 516,700 people in Sierra Leone will benefit from a $50 million International Development Association (IDA)* additional financing approved today under the second phase of… Read more »
West Africa: World Bank Approves $246 Million to Strengthen Coastal Resilience in West Africa
Populations at immediate risk from coastal erosion, flooding and pollution, and people depending on agroindustry and tourism along the coastlines in The Gambia, Ghana, and… Read more »
Africa: World Bank Grants $70 Million for Delivery of Water, Agriculture, Livestock, and Environmental Services in Somalia
The World Bank approved a $70 million International Development Association (IDA*) grant to develop resilient water, agriculture, and environmental services for rural communities… Read more »
Africa: Trade in the African Continental Free Trade Area Could Expand Uganda's Economy
The Ugandan economy needs to grow rapidly, sustainably, and broadly to reach middle-income status, lift its population out of poverty, and generate enough jobs for one of the… Read more »
December 08, 2022
Africa: African Development Bank, World Bank to Jointly Launch Electricity Regulatory Index Reports for Africa and the World
The African Development Bank and the World Bank joined forces to launch parallel reports, respectively capturing the state of power sector regulation in Africa, and more broadly… Read more »
December 07, 2022
Africa: Angola's Economic Diversification and Development Potential Are Inextricably Linked to Climate Resilience #AfricaClimateCrisis
the impacts of climate change increasingly threaten people's lives and livelihoods across the country, it will be critical for Angola to use the revenues from its remaining oil… Read more »
November 03, 2022
Africa: World Bank Approves $497 Million in Financing to Lower South Africa's Greenhouse Gas Emissions and Support a Just Transition
The World Bank Group Board of Executive Directors approved South Africa's request for a $497 million project to decommission and repurpose the Komati coal-fired power plant using… Read more »
October 03, 2022
Africa: In Five Charts: Understanding the Africa Country Policy and Institutional Assessment 2022 Report
CPIA AFRICA: Assessing Africa's Policies and Institutions Read more »
July 21, 2022
Africa: Africa Centres for Disease Control Receives a $100 Million Boost from the World Bank to Strengthen Continental Public Health Preparedness
The World Bank has approved a $100 million support program for the Africa Centres for Disease Control (Africa CDC) that will help enhance the institution's technical capacity and… Read more »
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