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 »