Cape Verde: World Bank Supports Cabo Verde's Efforts to Advance Fiscal Resilience and Sustainable Growth

The World Bank Board of Executive Directors has approved a $15 million Development Policy Financing (DPF) credit for Cabo Verde, supporting key government efforts to reinforce… Read more »

Togo: World Bank Provides $150 Million to Boost Private Investment and Promote Job Creation

The World Bank Group today approved a $150 million (about FCFA84 billion) International Development Association (IDA) operation to support an ambitious package of structural… Read more »

Africa: Nigeria's Path to Fiscal Transparency and Accountability

The World Bank today released the Fiscal Governance Reform in Nigeria: Lessons from the State Fiscal Transparency, Accountability and Sustainability Program (SFTAS), a report… Read more »

Burkina Faso: Additional World Bank Financing to Build Human Capital

The Government of Burkina Faso and the World Bank have signed a credit agreement for additional financing of $100.4 million to support the Human Capital Protection Project, in its… Read more »

Africa: Diversifying the Economy - a Key Lever for Sustainable Growth in Mauritania

Achieving Mauritania's ambition of becoming an upper-middle-income country by 2050 will require accelerated economic diversification, according to the World Bank Group's Growth and… Read more »

Africa: Sierra Leone's Economy Shows Resilience, Private Sector Reform Key to Sustained Growth and Jobs

Sierra Leone's economy is showing signs of stability in the face of heightened global challenges, with growth projected at 4.3 percent in 2025 and reaching 4.6 percent by 2027,… Read more »

Africa: World Bank Approves New Financing to Enhance Climate Change Mitigation and Adaptation in Sierra Leone

The World Bank today approved an additional grant of $18.34 million to support Sierra Leone in enhancing biodiversity protection, environmental sustainability, and climate change… Read more »

Africa: World Bank Approves New Financing to Enhance Nigeria's Digital Infrastructure and Health Security

The World Bank has approved two projects to support Nigeria's efforts in expanding digital infrastructure and strengthening health security systems. The approved financing includes… Read more »

Africa: Positive Economic Momentum in Nigeria, Now Time to Bring Home the Gains

Nigeria has taken important steps toward stabilizing its economy through recent policy reforms, but more needs to be done to ensure these gains translate into better living… Read more »

Africa: Tackling the Pressing Challenge of Defying Drought in West Africa - an Africa Water Center Is Established to Strengthen Capacity in the Water Sector

two-day High-Level Forum on Defying Drought (D2) in West Africa concluded today in Ouagadougou with a strong commitment to address the pressing challenges of drought in the region,… Read more »

Gambia: The Gambia's Economy Maintains Growth Momentum Amid Global Uncertainty

The Gambia's economy continues to demonstrate resilience and steady recovery, with real GDP growth reaching 5.7% in 2024, according to the World Bank's Fifth Economic Update for… Read more »

Guinea: Strengthening Emergency Response Capacity and Sustaining Support to Vulnerable Households

The World Bank Group has approved $50 million in additional financing from the International Development Association (IDA) for the Guinea Emergency Response and Nafa Program… Read more »

Africa: Nigeria to Strengthen Resilience for 7.4 Million Persons Affected By Displacement

The World Bank has approved on August 7, $300 million in financing for the Solutions for the Internally Displaced and Host Communities Project (SOLID). This initiative will enhance… Read more »

Africa: Ghana's Economy Shows Resilience Amid a Challenging Environment

The World Bank's 9th Economic Update for Ghana titled Addressing Labor Market Challenges and Opportunities in Ghana's Economic Landscape notes Ghana's economy displayed resilience… Read more »

Guinea Bissau: 30,000 People in Northern Regions to Benefit From Newly Rehabilitated Roads

Approximately 30,000 residents in the Oio and Cacheu regions of Guinea-Bissau are set to benefit from improved connectivity and access to essential services following the… Read more »

Africa: World Bank Approves $115 Million to Support Senegal's Fiscal Reforms and Strengthen Public Financial Management

The World Bank has approved $115 million in concessional financing to support Senegal's efforts to improve public debt sustainability, strengthen public financial management, and… Read more »

Cape Verde: Cabo Verde - Unlocking Inclusive Growth Through Increased Resilience and Equal Opportunities

Cabo Verde's economy continues on a strong recovery path, according to the latest Cabo Verde Economic Update 2025, released today by the World Bank. Real GDP in Cabo Verde grew by… Read more »

Mauritania: Strengthening Social Protection and Economic Resilience in Mauritania for Sustainable and Inclusive Growth

The World Bank Group has released the eighth edition of its Mauritania Economic Update (French), highlighting the Mauritanian government's continued efforts to preserve… Read more »

Africa: Two New World Bank Reports Offer Roadmap for Sierra Leone's Sustainable Growth Amid Climate Threats

The World Bank today launched the Sierra Leone Country Economic Memorandum (CEM) and the Country Climate and Development Report (CCDR), two core analytical reports that provide… Read more »

Niger: Niger's Economy Rebounds in 2024 Thanks to Large-Scale Oil Exports and a Good Agricultural Season

Niger's economy recorded robust growth in 2024, driven by large-scale oil exports. However, short-term sources of growth remain limited and exposed to downside risks, according to… Read more »

Africa: Positioning Togo As a Regional Hub in Agribusiness and Animal Nutrition

The World Bank Group (WBG) today approved $300 million to help Togo position itself as a regional hub in agribusiness and animal nutrition by scaling up Togo's Agricultural… Read more »

Guinea: World Bank Group Support to Boost Climate Resilience and Economic Growth in Guinea

The World Bank Group has approved a $100 million International Development Association (IDA) credit for Guinea's Kounki Fisheries and Aquaculture Project. Read more »

Africa: New Financing to Improve Foundational Learning and Reach 350,000 Students in Liberia's Public Primary Schools

The World Bank Board has approved financing for the Excellence in Learning in Liberia (EXCEL) Project, which includes a $60 million credit from the International Development… Read more »

Africa: World Bank Supports Mauritania With $50 Million to Enhance Public Spending Efficiency

The World Bank has approved $50 million in financing to support Mauritania in improving public spending efficiency and strengthening service delivery in social sectors. This… Read more »

Africa: New Economic Update Examines Fiscal Challenges in Guinea-Bissau - World Bank

The World Bank has released the latest edition of the Guinea-Bissau Economic Update (EU), a report that examines recent economic trends and development issues in the country. Read more »