Africa: IMF and World Bank Announce $4.5 Billion in Debt Relief for Somalia

The Executive Boards of the International Monetary Fund (IMF) and the World Bank's International Development Association (IDA) have approved the Heavily Indebted Poor Countries… Read more »

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 »

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 »

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 »

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 »

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 »

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 »

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 »