Topic: World Bank
African Leaders Seek Record World Bank Financing To Combat Climate Change
African leaders on Monday called for rich countries to commit record contributions to a low-interest World Bank facility for developing nations that they rely on to help fund their development and combat climate change.
African leaders on Monday called for rich countries to commit record contributions to a low-interest World Bank facility for developing nations that they rely on to help fund their development and combat climate change.
World Bank President Says Israel-Hamas War Risks 'Serious' Economic Damage
The war between Israel and Hamas could deal a "serious" blow to global economic development, the president of the World Bank told an investor conference in Saudi Arabia on Tuesday.
The war between Israel and Hamas could deal a "serious" blow to global economic development, the president of the World Bank told an investor conference in Saudi Arabia on Tuesday.
World Bank's IFC Invests Kes 111.1 Billion In Kenyan Firms
International Finance Corporation (IFC) Africa Vice President Sergio Pimenta has revealed that the private lending arm of the World Bank invested Kes 111.1 billion into Kenyan firms in 2022.
International Finance Corporation (IFC) Africa Vice President Sergio Pimenta has revealed that the private lending arm of the World Bank invested Kes 111.1 billion into Kenyan firms in 2022.
African Development Bank Blacklists Kenyan Firm Over Fraud
The African Development Bank (AfDB) has blacklisted Joycot General Contractors Limited for engaging in fraudulent practices.
The African Development Bank (AfDB) has blacklisted Joycot General Contractors Limited for engaging in fraudulent practices.
'Uganda Will Develop With Or Without Loans,' Museveni Says After World Bank Suspends Financing
Uganda President Yoweri Museveni on Wednesday stated that Uganda will develop without loans after the World Bank announced suspending funding over its controversial anti-gay bill.
Uganda President Yoweri Museveni on Wednesday stated that Uganda will develop without loans after the World Bank announced suspending funding over its controversial anti-gay bill.
World Bank Stops New Loans To Uganda Over Anti-Gay Law
The World Bank is pausing approval for new public finance projects in Uganda over the adoption of a widely criticized bill criminalizing same-sex conduct earlier this year.
The World Bank is pausing approval for new public finance projects in Uganda over the adoption of a widely criticized bill criminalizing same-sex conduct earlier this year.
World Bank Supports Kenya’s Bid To Raise NSSF Contributions
The World Bank has lauded the government’s efforts to increase pension contributions by workers to NSSF from the current Kes 200 per month to six percent of monthly salaries.
The World Bank has lauded the government’s efforts to increase pension contributions by workers to NSSF from the current Kes 200 per month to six percent of monthly salaries.
