Tag: WORLD BANK

The World Bank has disbursed at least $12bn, almost half of which was to Africa, to help beneficiary counties cope with food shortage. In a new report titled “Food Security Update ...

In order to reap the benefits of the African Continental Free Trade Area, non-tariff barriers and hurdles affecting cross-border goods crossings must be addressed, according to the World Bank Group. ...

David Malpass, president of the World Bank Group, has announced his intention to resign after more than four years in office. The global bank said in a statement on Wednesday ...

Twenty-eight million nine hundred thousand people living in Nigeria and other West and Central African countries depend on emergency food assistance for survival, according to the World Bank. This is ...

The World Bank Group has once again lowered its growth projection for Nigeria’s economy, citing a weakened oil sector as its primary reason. This was contained in the bank’s Global ...

The World Bank has projected that interest payments on the Federal Government’s borrowing from the Central Bank of Nigeria will gulp about 62 per cent of government revenue by 2027 ...

The World Bank Group has said that the estimated per capita income growth of 0.7 per cent for Nigeria and the rest of Sub-Saharan Africa in 2022 is insufficient to ...

The World Bank has said that it would cost Nigeria N3.7tn to eliminate poverty, which has been on the rise in the country. The financial institution stated this in its ...

World Bank has approved $311m to increase grid-connected renewable energy capacity for West Africa in International Development Association financing. It noted that existing and prospective electricity in Chad, Liberia, Sierra ...

The World Bank Group has approved a total of $18 million in two additional financings from the International Development Association (IDA) to support effective disease surveillance in West Africa. The body said these ...