Money IFC to issue Egyptian pound bond Yomna Yasser Aug 17, 2023 0 The International Finance Corporation (IFC) has gained approval from the Egyptian Cabinet on Thursday to issue…
Africa News World Bank to help fund 1,000 mini solar power grids in Nigeria Nada Ali Aug 7, 2023 0 The World Bank (WB) will support building 1,000 solar-based mini networks in Nigeria along with the country's…
Banks Ethiopia inks $400 mln financing deal with World Bank Nada Ali Jul 31, 2023 0 The World Bank (WB) has signed a financing agreement with Ethiopia of a total $400 million to boost human capital…
Banks World Bank to finance India’s low carbon transition with $1.5 bln Yassmine Elbehnaihy Jul 9, 2023 0 The World Bank’s Board of Executive Directors approved $1.5 billion in financing on June 29th, to accelerate…
Tech/AI Saudi Arabia, UAE to invest $6 bln in Iraq Nada Ali Jul 5, 2023 0 Saudi Arabia and the United Arab Emirates (UAE) have reached an agreement on Sunday to allocate $6 billion to…
Industry & Trade Egyptian parliament approves JICA healthcare insurance fund Yassmine Elbehnaihy Jun 22, 2023 0 Egypt’s House of Representatives has on Wednesday approved a $336 million loan agreement signed with the Japan…
Financial Institutions World Bank approves $500 mln loan to Costa Rica Yassmine Elbehnaihy Jun 18, 2023 0 The World Bank (WB) has approved a $500 million loan to Costa Rica to strengthen support for the government’s…
Banks GCC economic growth expected to slow to 2.5% in 2023 – World Bank Nada Ali May 17, 2023 0 Gulf Cooperation Council’s (GCC) economies expected to grow at a slower pace by 2.5 percent in 2023 compared to 7.3…
Banks Ukraine pleads more aid from IMF, World Bank Yassmine Elbehnaihy Apr 13, 2023 0 Ukrainian President, Volodymyr Zelenskyy called for Russia’s frozen assets to be available to compensate Ukraine…
Banks Yellen to push development bank progression at Spring Meetings Yassmine Elbehnaihy Apr 11, 2023 0 US Treasury Secretary, Janet Yellen, will be hosting a roundtable discussion on Wednesday, to evolve the World Bank…