World Bank Targets 32 Million Nigerians with Electricity Access by 2032
Multilateral Funding Backs National Electrification Expansion The World Bank announced a major energy development initiative targeting Nigeria during an official...
Tag Archives: #WorldBank
Kenya Secures Major World Bank Development Funding to Boost Infrastructure
Strategic Investment for National Infrastructure Kenya has secured a landmark multi-million dollar development funding facility from the World Bank designed...
NUC Unveils $65m SPESSE Funding to Train 24,000 Nigerians
The National Universities Commission (NUC) has announced that no fewer than 24,000 Nigerians will benefit from a new $65 million...
Kenya Seeks Rapid World Bank Funding as Iran War Triggers Economic Shock
Kenya has requested rapid financial assistance from the World Bank to help cushion its economy from shocks triggered by the...
World Bank, Partners Launch ‘Water Forward’ to Boost Water Security for One Billion People by 2030
The World Bank Group, in partnership with multilateral development banks, development finance institutions, and other stakeholders, has launched a new...
World Bank Cuts Sub-Saharan Africa’s 2026 Growth Forecast to 4.1%
The World Bank has lowered its economic growth forecast for Sub-Saharan Africa in 2026, warning that the fallout from the...
World Bank Backs Angola’s Debt-for-Education Swap to Fund New Schools
Angola has received formal approval from the World Bank and its Multilateral Investment Guarantee Agency (MIGA) for financial guarantees that...
World Bank Pledges $6 Billion to Support Mozambique’s Economic Recovery
The World Bank announced plans to mobilize up to $6 billion in financing for Mozambique over the next five years,...
Nigeria Seeks $10.5 Million Loan from World Bank to Boost CBN’s Technical Capacity and Payment Infrastructure
Nigeria Seeks $10.5 Million Loan to Modernize CBN’s Operations and Payment Systems Nigeria has formally approached the World Bank for...
Nigeria Loses N13.2 Trillion in Revenue To Forex Subsidy Policy, World Bank Reports
The Federal Government of Nigeria has incurred a staggering loss of N13.2 trillion in foregone revenue as a direct result...
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