February 06, 2023
Comoros: Comoros Receives $30 Million to Provide Emergency Cash Transfers and Improve the Resilience of Vulnerable Households
The World Bank approved a $30 million grant of which $15 million comes from the Crisis Response Window to provide both immediate and medium-term support to vulnerable populations.… Read more »
February 02, 2023
Cote d'Ivoire: A New Strategy to Support Economic and Social Transformation in Côte d'Ivoire
The World Bank Group today presented a new Country Partnership Framework (CPF) 2023-2027 with Côte d'Ivoire that focuses on improving human capital, reducing disparities and… Read more »
January 31, 2023
West Africa: Accelerating Access to Renewable Energy in West Africa
Sierra Leone, Chad, Liberia, and Togo Kick Off Activities to Increase Grid-Connected Renewable Energy Capacity Read more »
December 22, 2022
Rwanda: World Bank Provides $200 Million to Support Accelerated Human Capital Development in Rwanda
The World Bank's Board of Directors approved $200 million in International Development Association (*IDA) financing to advance Rwanda's policy and institutional reform program for… 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 »
Zambia: World Bank Releases $100 Million for Zambia Amid Substantial Delays in Debt Restructuring
The World Bank announced today that it is releasing the second tranche of its support for the Zambia Macroeconomic Stability, Growth and Competitiveness Program - a $100 million… Read more »
West Africa: World Bank Approves $311 Million to Increase Grid-Connected Renewable Energy Capacity in West Africa
Existing and prospective electricity customers in Chad, Liberia, Sierra Leone, and Togo will benefit from the new Regional Emergency Solar Power Intervention Project (RESPITE)… Read more »
December 19, 2022
Cameroon: World Bank Group Supports Cameroon to Promote Inclusive and Robust Growth and Economic Resilience
The World Bank Group's Board of Executive Directors today approved a $100 million Fiscal Consolidation and Inclusive Growth Development Policy Operation (DPO) to support inclusive… Read more »
December 15, 2022
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 09, 2022
Gabon: Gabon Country Economic Memorandum - Toward Greener and More Inclusive Growth
STORY HIGHLIGHTS 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
Gambia: World Bank Approves Additional $20 Million Grant to Help Bridge Unexpected Financing Gap
The World Bank's Board of Executive Directors today approved Supplemental Financing for The Gambia Second Fiscal Management, Energy and Telecom Reform Development Policy Financing… Read more »
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 29, 2022
Somalia: Somalia's Economy Expected to Grow Despite Significant Shocks
omalia's economy rebounded with GDP growth of 2.9 percent in 2021, up from a contraction of 0.3 percent in 2020 and 0.5 percent higher than last year's forecast of 2.4 percent.… Read more »
November 22, 2022
Kenya: Boosting Equitable Development As Kenya Strives to Become an Upper Middle-Income Country
The World Bank Group (WBG) Board of Executive Directors today voiced its support for the WBG's latest six-year strategy to support Kenya in its ongoing efforts towards green,… Read more »
November 14, 2022
Botswana: World Bank Appoints Liang Wang As New Country Representative for Botswana
The World Bank is pleased to announce the appointment of Mr. Liang Wang as the new Country Representative for Botswana, effective November 15, 2022. Read more »
November 08, 2022
Malawi: Escaping Poverty Requires Improved Agricultural Productivity, Climate Resilience, and Structural Transformation
The new World Bank Poverty Assessment Report finds that just over half the Malawian population (50.7%) are poor, almost no different from a decade ago. High population growth, low… 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 27, 2022
Malawi: Climate-Informed Economic Development Key to Malawi's Future Growth and Resilience #AfricaClimateCrisis
Climate change will make it harder for Malawi to achieve its ambitious development goals - unless it accelerates policies and programs, as intended in its national Vision 2063, and… Read more »
September 29, 2022
Rwanda: Sustaining Growth in Rwanda Requires Building Resilience to Climate Shocks #AfricaClimateCrisis
World Bank Group's Country Climate and Development Report calls for prioritized investments to reduce the country's vulnerability to climate change Read more »
Somalia: Somalia Receives U.S.$58 million in World Bank Financing to Develop Regional Transport Infrastructure, a First in Decades
The World Bank approved a $58 million International Development Assistance (*IDA) grant to help lay the foundation for the future development of Somalia's transport infrastructure.… 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 »
September 21, 2022
Benin: U.S.$150 Million to Strengthen Potential for Strong and Inclusive Growth
The World Bank today approved $150 million in International Development Association (IDA) financing* to help the Government of Benin empower women and girls, expand access to… 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 »