World Bank kicks off FY25 with $2.7b in sustainable bonds tied to SOFR rate
The World Bank initiated its fiscal year 2025 US Dollar Benchmark Programme by pricing two Sustainable Development…
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World Bank
Ethiopia nears $10.5b support agreement
Ethiopia is set to receive $10.5 billion in support over the next few years if negotiations with the International…
Equatorial Guinea accelerates digital economy transformation
Equatorial Guinea, traditionally reliant on oil revenues, is embracing digital transformation to diversify its…
World Bank approves $600m for Morocco
The World Bank has approved $600 million for Morocco to fund two projects to enhance public service delivery,…
World Bank pledges $700m DPF for Egypt’s economic transformation
The World Bank has pledged $700 million in Development Policy Financing (DPF) to support Egypt's transition towards…
Ghana reaches deal with creditors
Ghana has finalised a Memorandum of Understanding (MoU) with its Official Creditor Committee (OCC), chaired by…
Myanmar poverty deepens, economic growth stagnant – WB
Myanmar's economy faces ongoing challenges, as highlighted in the recent World Bank report on Wednesday.
World Bank raises global growth forecast
The World Bank revised its global economic outlook upwards, now projecting a 2.6 per cent expansion in 2024,…
Egypt gets World Bank recognition for fairer market reforms
The World Bank is applauding Egypt's efforts to create a more level playing field for businesses. Stephane Guimbert…
World Bank forecasts Kenya’s GDP to decelerate to 5.0% in ’24
Kenya's real GDP rose to 5.6 per cent in 2023, surpassing 4.9 per cent in the previous year, fueled by agriculture…
