June 14
Africa: World Bank Provides $50 Million to Improve Cameroon's Transport Sector Development in the North-West Region
The World Bank today approved $50 million in additional financing (AF) from the International Development Association (IDA)* to support the construction of urban roads in the… Read more »
Cote d'Ivoire: Côte d'Ivoire Receives $35 Million Payment for Verified Reduction of Carbon Emissions
Payment is based on high-integrity emission reductions from forest conservation, forest rehabilitation, and agroforestry activities. Read more »
June 12
Ghana: World Bank Supports Policy Reform of Ghana's Energy Sector and Access to Clean Cooking
The World Bank today approved a $250 million credit from the International Development Association (IDA)* and a $10 million grant from the Energy Sector Management Assistance… Read more »
Liberia: Reforms to Improve Service Delivery, Boost Tax Revenues, and Strengthen Accountability and Transparency in Liberia
The World Bank approved today financing for the Governance Reform and Accountability Transformation (GREAT) Project. This flagship project, funded by an International Development… Read more »
June 13
Africa: World Bank Approves Grant to Boost Community Access to Funds Earned From Carbon Credits
First-of-its-kind program will drive engagement and impact through close collaboration with Civil Society Organizations and farming communities. Read more »
Nigeria: Supporting Nigeria's Homegrown Reforms - New World Bank Financing for Inclusive Growth and Revenue Diversification
The World Bank has today approved two operations: $1.5 billion for the Nigeria Reforms for Economic Stabilization to Enable Transformation (RESET) Development Policy Financing… Read more »
Nigeria: Turning the Corner - Nigeria's Ongoing Path of Economic Reforms
STORY HIGHLIGHTS Read more »
June 06
Guinea Bissau: World Bank Invests in Solar Energy to Expand Access to Electricity in Guinea-Bissau
The World Bank's Board of Executive Directors approved a $35 million grant to enable solar power generation and increase access to electricity in Guinea-Bissau. Read more »
June 10
Zambia: Unlocking Productivity and Economic Transformation for Better Jobs in Zambia
STORY HIGHLIGHTS Read more »
Africa: Cabo Verde Must Invest in the Blue Economy for Growth and Sustainability
Cabo Verde has shown resilience in the post-COVID-19 pandemic recovery, but the crisis highlighted vulnerabilities such as dependence on tourism and risks from underperforming… Read more »
June 06
Africa: The Tamed Sea - an Alliance Restored With Coastal Communities
When the powerful waves crashed onto the shores of Aného, Togo, and Grand Popo, Benin in April 2024, communities of these neighboring West African border towns were unfazed.… Read more »
Mozambique: Youth Entrepreneurship Transforming Mozambique's Future
In Mozambique, young entrepreneurs like Gaspar Sitoé, who created Cachichi Clothing Enterprise, are transforming the economy with support from the Emprega Program, which… Read more »
Zambia: Raising Agricultural Productivity and Private Sector Investment Can Help Zambia Achieve Sustained and Inclusive Growth
While Zambia's economy is still recovering from the COVID-19 pandemic and a previous recession, a new Country Economic Monitor (CEM) report shows pathways that can support the… Read more »
June 05
Kenya: Kenya's Economy Exhibited Robust Growth in 2023 Despite Persistent Challenges
Kenya's real GDP growth accelerated to 5.6% in 2023, surpassing the previous year's growth of 4.9%. However, GDP growth in 2024 is expected to slow down to 5.0%. This is according… Read more »
May 30
Africa: World Bank Supports Ghana to Strengthen Its Financial Sector
The World Bank today approved a $250 million International Development Association (IDA)* credit for a five-year Ghana Financial Stability Project. The project will support Ghana's… Read more »
May 29
Sierra Leone: Sierra Leone to Enhance Climate-Resilient Transport and Access to Market
The World Bank Board today approved a $74 million International Development Association (IDA) grant to enhance climate-resilient transport connectivity and agricultural market… Read more »
May 23
Central African Republic: Expanding Social Safety Nets for Vulnerable Households in Central African Republic
The World Bank approved today $30 million grant from the International Development Association (IDA)* to support the Adaptive and Productive Social Safety Nets Project in the… Read more »
May 24
Gambia: Gradual Recovery Signals - the Gambia's Economy Shows Resilience Amid Global Challenges
The Gambia's economy has shown a remarkable resilience in the face of heightened global and regional uncertainties, according to The Gambia's Fourth Economic Update - Spring 2024.… Read more »
May 23
Togo: A New Chapter in the Partnership Between the World Bank Group and Togo
The World Bank Group (WBG) today endorsed a new Country Partnership Framework (CPF) for Togo, granted a special waiver for the country's access to the Prevention and Resilience… Read more »
May 21
Zambia: Zambia and World Bank Sign Agreement to Cut Carbon Emissions in Eastern Province
Communities in Zambia's Eastern Province are set to reap the benefits of their efforts in forest conservation, climate-smart agriculture, and other activities such as fuel… Read more »
May 16
Tanzania: Tanzania's Greener Future - Reducing Methane in Waste and Livestock Sectors
Did you know that nearly 60% of the waste in Dar es Salaam, Tanzania is food waste? It ends up in waste disposal sites where it produces methane, a potent greenhouse gas whose… Read more »
May 15
Mauritania: Promoting Urban Renewal in Mauritania to Build Resilience
STORY HIGHLIGHTS Read more »
May 14
Africa: Roads and Bridges in the Refugee Hosting Districts/Koboko-Yumbe-Moyo Road Corridor Project
Frequently Asked Questions Read more »
May 10
Tanzania: New World Bank Financing to Increase Access to Justice for All Zanzibaris
WASHINGTON, May 10, 2024--The World Bank today approved new financing to improve access to justice, efficiency, and transparency of judicial services for the citizens of Zanzibar. Read more »
May 13
Benin: Climate Adaptation Efforts Necessary for Sustainable and Resilient Growth
According to the second edition of the Benin Economic Update Report, achieving sustainable and resilient economic growth in the coming decades will depend on efforts to adapt and… Read more »
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