World Bank approves $750m loan for Philippines’ digital push
The World Bank has approved a $750 million Second Digital Transformation Development Policy Loan to support the…
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World Bank
Global commodity markets face headwinds, warns World Bank
The World Bank projects that the commodity price index will decrease by 3 per cent in 2024, followed by further…
Egypt’s MSMEDA signs EGP 5m deal to fund microfinance projects in Aswan
Egypt's Micro, Small and Medium Enterprise Development Agency (MSMEDA) signed on Sunday a new contract worth five…
Russia to represent Belarus in World Bank from Nov. 1 ’24
Russia will officially represent Belarus in the World Bank starting November 1, according to Roman Marshavin,…
Japan secures $1b portfolio guarantee with World Bank
Japan signed a $1 billion portfolio guarantee agreement to increase financing from the International Bank for…
World Bank to double agricultural commitments to $9b/year by ’30
The World Bank plans to double its annual investments in agricultural financing and businesses to $9 billion by…
World Bank: Egypt sees GDP accelerating to 3.5% growth in FY25
Egypt’s economic growth is expected at 2.5 per cent in fiscal year 2024 before accelerating to 3.5 per cent in…
Gabon’s growth slows, World Bank urges fiscal reforms
Gabon’s economy experienced a growth rate of only 2.4 per cent in 2023, impacted by transport disruptions affecting…
World Bank raises $270m in Swedish krona bond
The World Bank has issued a 10-year Swedish krona-denominated benchmark bond, raising SEK 3 billion (approximately…
WB signs $200m loan to support Sri Lanka’s economy
World Bank and Sri Lanka signed a $200 million deal for the Second Resilience, Stability, and Economic Turnaround…
