Development banks to intensify climate efforts, ignore fossil fuels
Ten of the world’s leading development banks committed to intensifying their climate actions at the COP28 summit;…
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World Bank
COP28: physicians protest for climate-related health threats action
On Sunday, a few doctors and climate activists conducted a demonstration at the COP28 venue to highlight…
Israeli attacks could lead to oil price spike – World Bank
The Israeli attacks on Gaza could trigger price hikes for raw materials like oil and agriculture products, the…
Morocco’s central bank buys €200mln bonds from World Bank
Morocco’s central bank purchased sustainable development bonds worth €200 million issued by the International Bank…
IFC, OCP Group launch $800m agri-finance platform
The International Finance Corporation (IFC) and Moroccan fertilizer giant, Office Chérifien des Phosphates (OCP…
IMF, World Bank hold 2023 annual meetings in Marrakesh, 1st gatherings in Africa in 50yrs
The IMF and World Bank are holding their annual meetings in the Moroccan city of Marrakesh, the first gatherings…
IMF, World Bank to hold meeting in Morocco
The International Monetary Fund (IMF) and the World Bank confirmed on Monday their annual meetings in Morocco will…
IFC to issue Egyptian pound bond
The International Finance Corporation (IFC) has gained approval from the Egyptian Cabinet on Thursday to issue…
World Bank to help fund 1,000 mini solar power grids in Nigeria
The World Bank (WB) will support building 1,000 solar-based mini networks in Nigeria along with the country's…
Ethiopia inks $400 mln financing deal with World Bank
The World Bank (WB) has signed a financing agreement with Ethiopia of a total $400 million to boost human capital…
