Climate action essential to Senegal’s upper-middle-income country aspiration, says new report

06 november 2024 - 09:07:30
Dakar. Senegal (PANA) - A new World Bank Group report highlights the significant economic and social benefits of climate action [...] Full text...

thread Economy

AfDB approves $54 million loan for Mozambique’s first wind energy project

03 november 2024 - 05:38:10
Abidjan, Cote d'Ivoire (PANA) - The Board of Directors of the African Development Bank (AfDB) has approved a loan of [...] Full text...

thread Economy

World Bank Group announces strategic pivot in agribusiness, doubles financial commitment

24 october 2024 - 06:57:43
Washington, DC, United States (PANA) - The World Bank Group on Wednesday announced a strategic pivot in its approach to [...] Full text...

thread Economy

World Bank Group unveils strategy to drive inclusive growth, resilience in Zimbabwe

09 october 2024 - 07:04:12
Harare, Zimbabwe (PANA) -The World Bank Group’s Board of Executive Directors has approved the new Country Engagement Note (CEN) for [...] Full text...

thread Economy

World Bank group regional vice president, IFC vice president to  visit Gambia

10 september 2024 - 15:46:18
Banjul, Gambia (PANA) - The World Bank Vice President for Western and Central Africa, Ousmane Diagana, and the International Finance Corporation [...] Full text...

thread Economy

The catalyst to unleash women’s economic potential in Africa – Childcare: World Bank Blog By Irene Fernandez Gorostidi, Sara Troiano and Adaorie Felicia Osademey Udechukwu

23 august 2024 - 07:37:51
Dar es Salaam, Tanzania (PANA) - Female labour force participation is generally high in most African countries but unpaid work, [...] Full text...

thread Society

World Bank backs Ethiopia's reforms to promote sustainable, inclusive growth, take climate action

31 july 2024 - 08:46:38
Washington, DC, United States (PANA) - The World Bank’s Board of Executive Directors on Tuesday approved the Ethiopia First Sustainable [...] Full text...

thread Economy

New partnership framework for Cameroon focuses on more jobs, effective service delivery for all

24 july 2024 - 08:04:33
Yaoundé, Cameroon (PANA) – The World Bank Group (WBG) announced a new Country Partnership Framework (CPF) for Cameroon, which will [...] Full text...

thread Economy

World Bank Group launches framework for inclusive, private sector-led, resilient growth in Tanzania

12 july 2024 - 10:58:44
Dar es Salaam, Tanzania (PANA) - The World Bank Group’s (WBG) Board of Executive Directors has endorsed the new Country [...] Full text...

thread Economy

World Bank Group guarantee platform goes live

02 july 2024 - 07:18:40
Washington DC, United States (PANA) - Starting 1 July, the World Bank Group (WBG) guarantee platform opened for business, it [...] Full text...

thread Economy

World Bank Group appoints Senegalese Fatou Fall as joint Resident Representative for Djibouti

01 july 2024 - 08:51:09
Djibouti, Djibouti (PANA) - Starting Monday, Fatou Fall becomes the Joint Resident Representative of the World Bank Group for Djibouti.“This [...] Full text...

thread Society

Fostering vibrant, inclusive private sector is key to Somalia’s resilient growth

26 june 2024 - 18:26:55
Mogadishu, Somalia (PANA) - Since Somalia’s private sector accounts for an estimated 95 per cent of total jobs created, marshalling [...] Full text...

thread Economy

WBG launches academy to transform knowledge agenda

21 june 2024 - 08:27:52
Washington, DC, US (PANA) — A new World Bank Group (WBG) platform – the WBG Academy – launched on Thursday [...] Full text...

thread Economy

Ethiopia's first commercial gold mine to begin production in 2026

18 june 2024 - 15:34:19
Addis Ababa, Ethiopia (PANA) - Preparatory work has begun at Ethiopia's first commercial gold mine, the Tulu Kapi Gold Project, [...] Full text...

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New chapter in partnership between World Bank Group and Togo

24 may 2024 - 08:08:49
Lome, Togo (PANA) - The World Bank Group (WBG) has endorsed a new Country Partnership Framework (CPF) for Togo, granted [...] Full text...

thread Economy

Managing Director of IFC to visit Benin on Wednesday

30 april 2024 - 13:52:53
Cotonou, Benin (PANA) - The Managing Director of the International Finance Corporation (IFC), Makhtar Diop, is expected in Cotonou on [...] Full text...

thread Economy

AfDB signs US$75 million loan agreement to boost fertilizer production in Nigeria

29 march 2024 - 13:17:05
Port Harcourt, Nigeria (PANA) - The African Development Bank (AfDB) has signed a US$75 million loan agreement with Nigeria’s Indorama [...] Full text...

thread Economy

World Bank publishes new data to boost investment in emerging markets

29 march 2024 - 06:50:39
Washington, USA (PANA) - The World Bank Group (WBG) on Thursday published sought-after proprietary statistics that reveal the credit risk [...] Full text...

thread Economy

New reports identify pathways to build climate-smart economy in Zimbabwe

05 march 2024 - 07:53:44
Harare, Zimbabwe (PANA) - Zimbabwe remains vulnerable to climatic shocks and without adaptation, climate change will impose high costs on [...] Full text...

thread Economy

WB supports Somalia’s shift from fragility to resilience and growth

01 march 2024 - 18:59:17
Mogadishu, Somalia (PANA) - The World Bank’s Board of Executive Directors has announced a new five-year Country Partnership Framework (CPF) [...] Full text...

thread Economy

Climate Action in Ethiopia: Acting now to build resilience and leverage opportunities

29 february 2024 - 13:05:30
Addis Ababa, Ethiopia (PANA) - A new World Bank report finds that annual average losses to gross domestic product (GDP) [...] Full text...

thread Environment

Nexus of food, water & energy: A Key element to Egypt’s climate efforts: World Bank report

19 december 2023 - 07:16:06
Cairo, Egypt (PANA) - Egypt’s nexus of water, food and energy (NWFE) programme, launched a year ago to leverage partnerships [...] Full text...

thread Agriculture

COP28: Rwanda Climate Finance Partnership powers innovative climate action

03 december 2023 - 12:46:40
Dubai, UAE (PANA) - Rwanda Climate Finance Partnership is powering innovative climate action thanks to additional contributions from the Government [...] Full text...

thread Economy

Mainstreaming climate change into Mozambique’s planning key to building resilience: WB report

02 december 2023 - 13:50:29
Maputo, Mozambique (PANA) - Climate change impacts could drive up to 1.6 million additional people into poverty by 2050, further [...] Full text...

thread Economy

Kenya set to overhaul refugee policy, to change camps into urban centres

30 november 2023 - 18:21:21
Nairobi, Kenya (PANA) - Kenya is planning to designate major refugee camps as urban centres and municipalities once a draft [...] Full text...

thread Politics

COP28: Climate action will boost Tunisia’s economy, says World Bank Report

30 november 2023 - 14:23:42
Tunis, Tunisia (PANA) - Water scarcity, coastal erosion and more frequent flooding are among Tunisia’s most pressing climate challenges, says [...] Full text...

thread Economy

100 million people in Eastern and Southern Africa to receive access to sustainable, clean energy by 2030

29 november 2023 - 07:32:52
Dar es Salaam, Tanzania (PANA) — A new World Bank programme is set to exponentially accelerate sustainable and clean energy [...] Full text...

thread Economy

Climate action key to Kenya’s upper-middle-income country aspirations

17 november 2023 - 17:53:44
Nairobi, Kenya (PANA - Kenya remains vulnerable to frequent climatic shocks that pose significant economic risk. Without adaptation measures, the impact [...] Full text...

thread Environment

DRC must strengthen institutions, increase investments to become 'climate solutions country'

16 november 2023 - 18:26:55
Kinshasa, DR Congo (PANA) - Possessing half of Africa's forests, large freshwater resources, and mineral reserves that are critical for [...] Full text...

thread Environment

Gender equality gains momentum in Sub-Saharan Africa: World Bank Blog By Paula Tavares and Dion Benetatos

15 november 2023 - 11:54:59
Abidjan, Côte d’Ivoire (PANA) - Sub-Saharan Africa has been making remarkable strides towards achieving legal gender equality. Between October 2021 [...] Full text...

thread Gender

IMF Director of Internal Audit and Inspection quits January 2024

23 october 2023 - 19:57:45
= Washington, DC, US (PANA) – International Monetary Fund (IMF)’s Director of the Office of Internal Audit and Inspection (OIA), Nancy [...] Full text...

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Congo can turn climate crisis into opportunity to end poverty, boost prosperity

09 october 2023 - 12:52:46
Brazzaville, Congo (PANA) - Through implementation of more ambitious reforms to promote economic diversification and climate resilience, Congo could reduce [...] Full text...

thread Society

AfDB, AMEA Power, IFC and SEFA launch first large-scale privately-financed solar project in Tunisia

28 september 2023 - 16:55:04
Tunis, Tunisia (PANA) - The African Development Bank (AfDB) and the Sustainable Energy Fund for Africa (SEFA), in partnership with [...] Full text...

thread Economy

Concessional climate finance essential to catalysing offshore wind development in emerging markets

07 september 2023 - 07:52:47
Washington DC, US (PANA) - A new report published on Thursday by the World Bank’s Energy Sector Management Assistance Programme [...] Full text...

thread Environment

Human Rights Watch says Uganda oil pipeline project 'impoverishes thousands'

10 july 2023 - 06:17:38
Nairobi, Kenya (PANA) – The planned oil pipeline in East Africa by French fossil-fuel giant, TotalEnergies, has devastated thousands of people’s livelihoods [...] Full text...

thread Environment

WB-UNHCR Data Sharing Agreement to improve assistance to the forcibly displaced

28 june 2023 - 06:46:39
Geneva, Switzerland (PANA) - UNHCR, the UN Refugee Agency, and the World Bank on Tuesday signed a new global data [...] Full text...

thread Society

WBG announces new partnership framework with Tunisia

16 june 2023 - 08:32:43
Tunis, Tunisia (PANA) - The World Bank Group on Thursday announced a new five-year Country Partnership Framework (CPF) with Tunisia [...] Full text...

thread Economy

Lesotho: New World Bank strategy focuses on job creation, human capital, climate resilience

17 may 2023 - 07:48:58
Washington, DC, US (PANA) — The World Bank Group Board of Executive Directors has endorsed a new Country Partnership Framework [...] Full text...

thread Economy

Ajay Banga selected 14th President of the World Bank

04 may 2023 - 14:03:13
Washington, DC, US (PANA) - The Executive Directors of the World Bank have selected Ajay Banga as President of the [...] Full text...

thread Society

Mauritius has strong potential as reinsurance hub for Africa - Minister

29 april 2023 - 08:23:49
Port-Louis, Mauritius (PANA) - The Mauritian Financial Services and Good Governance Minister, Mr Mahen Seeruttun, on Friday said the Mauritius government [...] Full text...

thread Economy

World Bank Group President David Malpass to visit Niger and Togo

28 march 2023 - 17:04:12
Washington, DC, US (PANA) - World Bank Group President David Malpass will make official visits to Niger and Togo from [...] Full text...

thread Society

WBG launches new partnership framework to support Egypt’s green, resilient and inclusive development

22 march 2023 - 09:32:46
Cairo, Egypt (PANA) - The World Bank Group Board of Executive Directors has approved a new Country Partnership Framework (CPF) [...] Full text...

thread Economy

World Bank Group endorses new partnership strategy for Mozambique

24 february 2023 - 13:11:35
Maputo, Mozambique (PANA) - The World Bank Group’s (WBG) Board of Executive Directors has endorsed a new Country Partnership Framework [...] Full text...

thread Economy

World Bank Group President Malpass announces intention to step down

16 february 2023 - 07:46:50
Washington, DC, US (PANA) - World Bank Group President David Malpass has informed the Board of Executive Directors of his [...] Full text...

thread Economy

New World Bank strategy to support socioeconomic transformation in Côte d’Ivoire

03 february 2023 - 13:05:02
Abidjan, Côte d’Ivoire (PANA) - The World Bank Group has kicked off a new Country Partnership Framework (CPF 2023-2027) with [...] Full text...

thread Economy

'Mauritius is the preferred hub for investment into Africa' - President

29 november 2022 - 12:50:50
Pte aux-Piments, Mauritius (PANA) – Mauritian President, Prithvirajsing Roopun, on Monday presented the country as the preferred hub for investment [...] Full text...

thread Economy

Libyan finance mnister meets IFC official on investment

18 october 2022 - 14:46:56
Tripoli, Libya (PANA) - Libyan Minister of Finance of the Government of National Unity (GNU), Khaled al-Mabrouk has discussed with [...] Full text...

thread Economy

Financial Services: Mauritius classified among best performers in its league - Minister

08 october 2022 - 09:33:35
Port-Louis, Mauritius (PANA) - The Mauritian Minister of Financial Services and Good Governance, Mahen Kumar Seeruttun, said here Friday the trust [...] Full text...

thread Economy

Mauritius to be a leading platform for trade, investments and capital-raising for Africa

15 july 2022 - 08:28:36
Port-Louis, Mauritius (PANA) – Mauritius is to use its International Financial Centre (IFC) as a leading platform for trade, investments and capital-raising [...] Full text...

thread Economy

8th edition of AFRICA CEO FORUM opens in Côte d'Ivoire

13 june 2022 - 20:07:08
Ouagadougou, Burkina Faso (PANA) - The 8th edition of the AFRICA CEO FORUM opened on Monday in Abidjan, Cote d'Ivoire, [...] Full text...

thread Economy

World Bank Group approves new country partnership framework for Gambia

11 may 2022 - 09:32:20
Banjul, Gambia (PANA) - The World Bank Group Board of Executive Directors has endorsed a new Country Partnership Framework (CPF) [...] Full text...

thread Economy

Senegal, IFC sign agreement for construction of 30,000 housing units

24 march 2022 - 19:42:46
Dakar, Senegal (PANA) - The Senegalese Sovereign Strategic Investment Fund (FONSIS) and the International Finance Corporation (IFC), a subsidiary of [...] Full text...

thread Economy

World Bank's private sector lending arm pledges continued assistance to Kenya

02 february 2022 - 10:27:14
Nairobi, Kenya (PANA) - Visiting International Finance Corporation (IFC) President Makhtar Diop has reiterated the institution’s commitment to continue supporting [...] Full text...

thread Economy

New World Bank Group programme to boost Djibouti’s efforts to reduce poverty

01 october 2021 - 20:16:47
Djibouti, Djibouti (PANA) - The World Bank on Friday unveiled the new 2022-2026 Country Partnership Framework (CPF) for Djibouti which [...] Full text...

thread Economy

World Bank commends Sudan's progress in moving from fragility to peace

30 september 2021 - 13:48:39
Khartoum, Sudan (PANA) - The World Bank has commended the performance of the Sudanese economy and its progress in macroeconomic [...] Full text...

thread Economy

Mauritian international financial system supports over 4 million jobs in Africa - Report

31 august 2021 - 15:17:15
Port Louis, Mauritius (PANA) - The Economic Development Board of Mauritius launched Monday a major new study that sheds light [...] Full text...

thread Economy

Coronavirus: US to give €600 million to support vaccine manufacturing in South Africa

01 july 2021 - 05:26:42
Washington, DC, US (PANA) - The U.S. International Development Finance Corporation (DFC) on Wednesday announced a joint financing package of €600 million [...] Full text...

thread Health

WBG ups support for Climate Action in developing countries

23 june 2021 - 12:59:50
Washington, DC, US (PANA) - The World Bank Group has announced its new Climate Change Action Plan aiming to deliver [...] Full text...

thread Environment

Coronavirus: World Bank, AU to support rapid vaccination for up to 400 million people in Africa

22 june 2021 - 07:30:30
Addis Ababa, Ethiopia (PANA) - African Finance Ministers and the World Bank Group met on Monday to fast track vaccine [...] Full text...

thread Health

IFC and AfDB launch programme to support women farmers in Côte d’Ivoire

17 june 2021 - 15:46:24
Abidjan, Côte d’Ivoire (PANA) – In a bid to boost the professional capacities, incomes and access to finance of thousands [...] Full text...

thread Agriculture

G7 Development Finance Institutions and multilateral partners to invest over $80 billion into African businesses

14 june 2021 - 13:15:11
Abidjan, Cote d’Ivoire (PANA) - Development Finance Institutions (DFIs) of the G7 member countries have for the first time come [...] Full text...

thread Economy

Sudan to receive US$2 billion World Bank

26 march 2021 - 15:54:17
Khartoum, Sudan (PANA) - Sudan on Friday said it has reached a deal with the World Bank (WB) under which [...] Full text...

thread Economy

ECOWAS Bank grants 10 million-Euro line of credit to support Guinea's SMEs and SMIs

03 march 2021 - 10:23:27
Lome, Toho (PANA) - The ECOWAS Bank for Investment and Development (EBID) has granted a line of credit of 10 [...] Full text...

thread Economy

IFC boosts Mali's top mango processor

19 february 2021 - 18:28:24
Bamako, Mali (PANA) - IFC, a member of the World Bank Group, on Friday announced the recent disbursement of a [...] Full text...

thread Agriculture

Makhtar Diop appointed IFC Managing Director and Executive Vice President

18 february 2021 - 17:34:19
Washington, US (PANA) – World Bank Group President, David Malpass, on Thursday announced the appointment of Makhtar Diop as Managing [...] Full text...

thread Society

IFC meets on effects of unification of exchange rate for Libyan dinar

22 january 2021 - 23:44:52
Tripoli, Libya (PANA) - The co-chairmen of the economic working group of the International Follow-up Committee on Libya (IFG) Thursday [...] Full text...

thread Economy

Coronavirus: World Bank Group boosts Nigeria’s efforts to reduce poverty

15 december 2020 - 18:10:17
Washington, US (PANA) - The World Bank Group (WBG) discussed a new five-year Country Partnership Framework (CPF) for Nigeria from [...] Full text...

thread Economy

World Bank appoints new head of IFC in Benin

27 november 2020 - 13:37:13
Cotonou, Benin (PANA) - The World Bank on Friday announced the appointment of Cyndo Obre as the new International Finance [...] Full text...

thread Economy

IFC, Somalia seal deal to strengthen private sector

16 november 2020 - 21:01:46
Mogadishu, Somalia (PANA) - The International Finance Corporation (IFC) and the Federal Government of Somalia Monday signed an agreement to [...] Full text...

thread Economy

Competition launched to support enterprise projects in Kenya refugee holding area

11 november 2020 - 08:48:00
Nairobi, Kenya (PANA) - The African Enterprise Challenge Fund  (AECF) and partners have launched a global competition for private sector and [...] Full text...

thread Society

Coronavirus: World Bank approves $12 billion for vaccines

14 october 2020 - 12:55:33
Washington, US (PANA) - The World Bank’s Board of Executive Directors has approved an envelope of $12 billion for developing [...] Full text...

thread Health

IFC, Union Bank partner to boost trade finance access in Nigeria

09 october 2020 - 18:00:39
Lagos, Nigeria (PANA) - The International Finance Corporation (IFC) has partnered with Nigeria's Union Bank to boost access to finance [...] Full text...

thread Economy

Coronavirus: Pandemic to add as many as 150 million extreme poor by 2021

07 october 2020 - 16:10:08
Washington, US (PANA) — Global extreme poverty is expected to rise in 2020 for the first time in over 20 [...] Full text...

thread Health

Safaricom named in Fortune Change the World List

24 september 2020 - 15:15:48
Nairobi, Kenya (PANA) - Kenya's top telco, Safaricom, has been included in the 2020 Fortune Change the World List, official [...] Full text...

thread Economy

Coronavirus: IFC grants loan to Kenya's DTB to help SMEs face pandemic challenges

14 august 2020 - 18:03:28
Nairobi, Kenya (PANA) - The International Finance Corporation (IFC) has announced a US$50 million loan to Diamond Trust Bank Kenya [...] Full text...

thread Economy

Coronavirus: IFC, UBA to train Ugandan SMEs, financial institutions to face Covid-19 challenges

10 august 2020 - 17:39:54
Kampala, Uganda-(PANA) - The International Finance Corporation (IFC) and the Uganda Bankers Association on Monday announced a partnership to train [...] Full text...

thread Economy

IFC grants 25 million euros to Côte d'Ivoire during the coronavirus crisis

15 july 2020 - 15:19:40
Paris, France (PANA) - The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it [...] Full text...

thread Economy

IFC supports quality healthcare expansion in Ghana

09 july 2020 - 23:39:37
Accra, Ghana (PANA) - IFC, a member of the World Bank Group, has announced a $5.2 million loan to Accra's  [...] Full text...

thread Health

IFC gives Mauritania 35 million dollar for energy supply

06 july 2020 - 22:31:30
Nouakchott, Mauritania (PANA) - International Finance Corporation (IFC), member of the World Bank Group, Monday granted Mauritania a loan of [...] Full text...

thread Economy

IFC invests in Nigeria's Zenith Bank to support SMEs, tackle Covid-19-related challenges

18 june 2020 - 14:04:24
Lagos, Nigeria (PANA) - The International Finance Corporation (IFC) has announced an investment of up to US$100 million in Nigeria’s [...] Full text...

thread Economy

Burkina Faso primary schools get certified solar lights

29 may 2020 - 19:05:45
Ouagadougou, Burkina Faso (PANA) - The energy ministry of Burkina Faso on Friday started the distribution of 8,300 lamps certified [...] Full text...

thread Economy

Coronavirus: World Bank Group supports Ghana’s response with $100 million

03 april 2020 - 07:35:31
Washington, US (PANA) - The World Bank is providing $100 million to Ghana to assist the country in tackling the [...] Full text...

thread Economy

Coronavirus: World Bank supports Gambia’s COVID-19 response

02 april 2020 - 19:26:00
Banjul, Gambia (PANA) - The World Bank Board on Thursday approved a US$10 million grant from the International Development Association [...] Full text...

thread Health

Somalia clears arrears to World Bank Group with Norway’s support

05 march 2020 - 19:34:14
  Washington, US (PANA) –The Federal Government of Somalia on Thursday cleared its arrears to the International Development Association (IDA), completing [...] Full text...

thread Economy

World Bank announces US$12 billion immediate support in COVID-19 response

04 march 2020 - 07:37:59
Washington, US (PANA) - As COVID-19 reaches more than 60 countries, the World Bank Group is making available an initial [...] Full text...

thread Health

Somalia to reestablish financial relations with World Bank Group after 30 years

28 february 2020 - 12:39:53
  Washington, US (PANA) -The World Bank Group Board of Executive Directors has moved toward normalizing its relations with the Federal [...] Full text...

thread Economy

Canadian company lands $300 million loan to develop gold mine in Mauritania

18 december 2019 - 08:00:43
Nouakchott, Mauritania (PANA) - A Canadian mining company, Kincross, says it has reached an agreement for a loan of US$300 [...] Full text...

thread Economy

IFC, development partner seal health care deal for East, Southern Africa

26 november 2019 - 18:09:40
Cairo, Egypt (PANA) - IFC, a member of the World Bank Group and a private equity fund focused on health [...] Full text...

thread Health

Botswana could host African Guarantee Fund’s regional hub

21 november 2019 - 21:01:39
Gaborone, Botswana (PANA) - Following a Board Meeting held in Gaborone on Thursday, 21 Nov., 2019, African Guarantee Fund for [...] Full text...

thread Economy

Abidjan to host Africa CEO Forum 2020

21 november 2019 - 15:02:25
Abidjan, Cote d'Ivoire (PANA) - IFC, a member of the World Bank Group, will co-host the Africa CEO Forum 2020 [...] Full text...

thread Economy

IFC opens representation office in Togo

31 october 2019 - 23:29:13
Lomé, Togo (PANA)  = The International Finance Corporation (IFC), member of the World Bank Group, on Thursday inaugurated its office [...] Full text...

thread Economy

IFC to open office in Lomé

29 october 2019 - 21:42:42
Lomé, Togo (PANA)   -  International Finance Corporation (IFC), member of the World Bank Group, will officially open its offices here [...] Full text...

thread Economy

BRT project set to ease traffic congestion in Dakar city

29 october 2019 - 14:51:38
Ziguinchor, Senegal (PANA) - The Bus Rapid Transit (BRT) project, initiated by the Senegalese government, is a strong and sustainable [...] Full text...

thread Economy

5th Forum on financing for development to begin Tuesday in Cote d’Ivoire

29 september 2019 - 12:59:14
Abidjan, Côte d'Ivoire (PANA) - The fifth edition of the World Bank Group's Financing for Development Forum (FDF) will be [...] Full text...

thread Economy

UN welcomes ‘most comprehensive agreement ever’ on global health

23 september 2019 - 16:37:34
New York, US (PANA) - Describing it as an “important landmark” on "our journey to health for all”, Secretary-General António Guterres on Monday [...] Full text...

thread Health

Kinross determined to strengthen its presence in Mauritania

12 september 2019 - 19:16:35
Nouakchott, Mauritania (PANA) - Kinross Gold Corporation, a Canadian gold company operating the TASIAST gold mine in northern Mauritania, intends [...] Full text...

thread Economy

Kenya mortgage firm raises substantial capital ahead of launch

08 september 2019 - 16:30:55
Nairobi, Kenya (PANA) - The Kenya Mortgage Refinance Company (KMRC), an initiative by the National Treasury and the World Bank, [...] Full text...

thread Economy

Digital agriculture, key to Africa's growth - AfDB

29 august 2019 - 16:53:21
Nairobi, Kenya (PANA) - Prioritizing the digital space will help shift the development focus for Africa’s agribusiness sector and overcome [...] Full text...

thread Economy

Côte d'Ivoire: Investment Company, Arise, joins Ecobank Group

28 august 2019 - 21:10:43
Abidjan, Côte d'Ivoire (PANA)    -   The investment company, Arise B.V, is now a shareholder of the Pan-African banking group, Ecobank [...] Full text...

thread Economy

'Mauritius Financial Services Commission at the forefront of quality investments into Africa'

12 august 2019 - 10:37:53
Port-Louis, Mauritius (PANA) – The Mauritian Financial Services Commission (FSC), a state integrated regulator for the non-bank financial services sector [...] Full text...

thread Economy

Ethiopia's Central Bank licenses first foreign financial services provider

09 august 2019 - 12:39:41
Addis Ababa, Ethiopia (PANA) - The National Bank of Ethiopia, the country's Central Bank, has granted a license to Ethio [...] Full text...

thread Economy

World Bank gives US$80 million to Guinea

30 july 2019 - 10:10:40
Conakry, Guinea (PANA) - The World Bank has given Guinea a US$80 million loan, following two agreements signed on Monday [...] Full text...

thread Economy

PROPARCO, IFC, EIB give Senegal 38 million Euros for solar power stations

22 july 2019 - 23:29:32
Paris, France (PANA) – Subsidiaries of the French Development Agency (AFD) and the World, as well as the European Investment [...] Full text...

thread Economy

IFC, Togo sign deal on development of solar power stations

11 july 2019 - 21:31:33
Lomé, Togo (PANA)   -   Togo and the International Financial Corporation (IFC), member of the World Bank group, Thursday signed an [...] Full text...

thread Economy

International Finance Corporation to increase its "support" for Togo

10 july 2019 - 16:15:14
Lomé, Togo (PANA) - The International Finance Corporation (IFC), a member of the World Bank Group, has reiterated its commitment [...] Full text...

thread Economy

IFC vice-president due in Togo for 3-day visit

08 july 2019 - 11:43:24
Lomé, Togo (PANA) - The vice-president of the International Finance Corporation (IFC), a subsidiary of the World Bank Group, Sergio [...] Full text...

thread Economy

Workshop on trade finance and digital financial services begins in Mauritania

11 june 2019 - 23:19:47
Nouakchott, Mauritania (PANA)   -   A four-day workshop on trade finance and digital financial services to support inclusive growth in Mauritania [...] Full text...

thread Economy

IFC forum on food safety held in Cote d’Ivoire

22 may 2019 - 23:24:15
Abidjan, Côte d'Ivoire (PANA)   -   A forum on food safety in West Africa held at the initiative of the International [...] Full text...

thread Economy

World Bank grants $14.5 million to Fund Climate Resilience in Niger

09 may 2019 - 17:35:23
Niamey, Niger (PANA) - The World Bank on Wednesday allocated $14.5 million (CFAF 8.5 billion) to Niger to finance climate [...] Full text...

thread Environment

Conference on promoting private investment in agri-food in Africa holds in Paris

19 march 2019 - 14:08:10
Paris, France (PANA) – A conference, gathering major international development institutions, driven by the African Development Bank (AfDB), with the [...] Full text...

thread Agriculture

IFC provides US$1.7m support to improve business climate in Mauritania

16 january 2019 - 13:05:50
Nouakchott, Mauritania (PANA) - The International Finance Corporation, a lending arm of the World Bank for development projects in developing [...] Full text...

thread Economy

Gambia scores well in latest World Bank, IMF and Freedom House Rankings

19 november 2018 - 14:32:35
Banjul, Gambia (PANA) - The Gambian government has been favorably rated in almost all aspects of political and economic governance [...] Full text...

thread Economy

IFC urges start-ups to seize business strengthening initiative

19 october 2018 - 11:41:13
Nairobi, Kenya (PANA) - The International Finance Corporation (IFC) and Egypt’s Ministry of Investment and International Cooperation (MIIC) have put [...] Full text...

thread Economy

Egypt, IFC launch Africa Start-Ups Initiative

03 october 2018 - 11:06:14
Nairobi, Kenya (PANA) - The International Finance Corporation (IFC) and the Egyptian Government have partnered in launching a new initiative [...] Full text...

thread Economy

World Bank Group set to boost private sector investment in East Africa

11 september 2018 - 17:04:05
Kigali, Rwanda (PANA) - The World Bank Group on Tuesday launched the Development Finance Forum in Kigali, Rwanda, for global [...] Full text...

thread Economy

IFC, Gaia Energy partner to boost wind power in Africa

31 july 2018 - 15:49:50
Nairobi, Kenya (PANA) - IFC, a member of the World Bank Group, has forged a new partnership with Gaia Energy [...] Full text...

thread Economy

IFC supports diversification of Liberian economy

27 july 2018 - 16:34:10
Nairobi, Kenya (PANA) - Sérgio Pimenta, the Vice President for Africa and the Middle-East at the International Finance Corporation (IFC), [...] Full text...

thread Economy

AIF Road Show takes place in Cairo

27 july 2018 - 15:39:16
Cairo, Egypt (PANA) - Over 80 Egyptian public- and private-sector entities attended the African Investment Forum (AIF) road show organised [...] Full text...

thread Economy

Consortium delivers Bujagali refinancing to reduce Ugandan electricity costs

24 july 2018 - 18:10:45
Kampala, Uganda (PANA) - A consortium of development finance institutions and commercial lenders have announced the completion of the refinancing [...] Full text...

thread Economy

IFC, partners to boost macadamia nuts production in Malawi

05 july 2018 - 12:27:59
Blantyre, Malawi (PANA) - The International Finance Corporation (IFC), a member of the World Bank Group, and the Global Agriculture [...] Full text...

thread Agriculture

MDB climate finance hits record high of US$ 35.2 billion in 2017

14 june 2018 - 13:22:02
Abidjan, Cote d'Ivoire (PANA) - Climate financing by the world’s six largest multilateral development banks (MDBs) rose to a seven-year [...] Full text...

thread Environment

AfDB supports Nigeria’s healthcare sector

16 april 2018 - 13:27:51
Lagos, Nigeria (PANA) - The African Development Bank (AfDB) says because Lagos State, Nigeria’s largest healthcare market, lacks an adequate [...] Full text...

thread Health

Senegal Solar power deal produces lowest power cost in Africa - WB

10 april 2018 - 16:37:08
Nairobi, Kenya (PANA) - The World Bank Group’s Scaling Solar programme has set a new benchmark in Senegal resulting in [...] Full text...

thread Economy

Sub-Saharan Africa growth to surpass $2 trillion by 2020 - IFC

04 april 2018 - 08:45:47
Nairobi, Kenya (PANA) - Sub-Saharan African economy will surpass $2 trillion in the next two years, the International Finance Corporation [...] Full text...

thread Economy

Africa’s premier investment marketplace to accelerate continent’s economic transformation

28 march 2018 - 13:50:54
Abidjan, Cote d'Ivoire (PANA) - To help Africa find the path to its long-deserved economic fortune, the African Development Bank [...] Full text...

thread Economy

Green business key to winning war on climate change – UN chief

12 december 2017 - 19:52:06
Paris, France (PANA) – Those who fail to bet on a green economy will be living in a grey future, [...] Full text...

thread Environment

Princess Astrid of Belgium visits AfDB headquarters on Wednesday

24 october 2017 - 11:28:28
Abidjan, Côte d'Ivoire (PANA) - Princess Astrid of Belgium, accompanied by a high-level delegation of members of the country’s federal [...] Full text...

thread Economy

Cote d'Ivoire: Financial bodies to hold workshops on dev't projects in W. Africa

18 july 2017 - 09:50:50
Abidjan, Cote d'Ivoire (PANA) - Three financial institutions are holding two workshops in the Ivorian city Abidjan in August to [...] Full text...

thread Economy

Guinea: World Bank Vice President for Africa visits Guinea

15 july 2017 - 14:17:33
Conakry, Guinea (PANA) - The World Bank Vice President for Africa, Makhtar Diop is due in Conakry on Saturday for [...] Full text...

thread Economy

Nigeria: ECOWAS, World Bank partner on investment climate scorecard

15 june 2017 - 08:17:22
Abuja, Nigeria (PANA) - The Economic Community of West African States (ECOWAS) and the World Bank have launched the ECOWAS [...] Full text...

thread Economy

India: AfDB, IFC promote investments that benefit women in Africa

24 may 2017 - 06:55:57
Ahmedabad, India (PANA) - On the sidelines of the 52nd Annual Meetings of the African Development Bank (AfDB) Group in [...] Full text...

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Cote d'Ivoire: Africa50 gets Director of Project Development

02 may 2017 - 18:58:49
Abidjan, Cote d'Ivoire (PANA) - Africa50, the pan-African infrastructure investment platform on Tuesday announced the appointment of Koffi Klousseh as [...] Full text...

thread Economy

Kenya: Kenyan banks agree to lend to environmental conservation projects

20 march 2017 - 17:30:36
Nairobi, Kenya (PANA) - Kenyan banks have signed an agreement with the International Finance Corporation, a member of the World [...] Full text...

thread Economy

Tanzania: Increased public awareness propels Tanzania's mortgage market growth

21 december 2016 - 10:26:23
Dar es Salaam, Tanzania (PANA) - Tanzania's mortgage market has registered a growth rate of 13 percent during the first [...] Full text...

thread Economy

Côte d'Ivoire: List of nominees for African Banker 2016 competition

10 may 2016 - 11:31:49
Abidjan, Côte d’Ivoire (PANA) – The organisers of the 10th edition of the African Banker Trophies have released the list [...] Full text...

thread Economy

Senegal: Mozambique hosts Southern Africa Energy, Infrastructure Summit

13 april 2016 - 15:56:04
Dakar, Senegal (PANA) - Mozambique will host the Southern Africa Energy and Infrastructure Summit taking place between 4-6 May in [...] Full text...

thread Economy

Tanzania: World Bank's private investments go to firms hiding in tax havens - Oxfam

11 april 2016 - 06:33:32
Dar es Salaam, Tanzania (PANA) - Fifty-one of the 68 companies that were lent money by the World Bank’s private [...] Full text...

thread Economy

Malawi: Malawi establishes modern collateral registry system

07 february 2016 - 11:06:49
Lilongwe, Malawi (PANA) - Malawi has become the third country in sub-Saharan Africa after Ghana and Liberia to establish a [...] Full text...

thread Economy

Nigeria: Committee to be established to fast-track oil firm reforms

05 january 2016 - 20:48:41
Abuja, Nigeria (PANA) - Nigeria's President Muhammadu Buhari said Tuesday that an inter-ministerial committee would soon be established to speed [...] Full text...

thread Economy

Nigeria: Rwanda, Uganda join Africa Finance Corporation

03 december 2015 - 09:44:44
Lagos, Nigeria (PANA) - Rwanda and Uganda have become the first East African countries to join the Africa Finance Corporation [...] Full text...

thread Economy

Tanzania: Tanzania to discuss reforms for power sector

17 november 2015 - 10:31:57
Dar-es Salaam, Tanzania (PANA) - The annual Powering Africa: Tanzania investment conference will take place in Dar es Salaam from [...] Full text...

thread Economy

Tanzania: IFC launches initiative to step up energy access in rural Tanzania

16 october 2015 - 12:42:51
Dar es Salaam, Tanzania (PANA) - In a bid to bring affordable, off-grid renewable energy to households and businesses in [...] Full text...

thread Economy

Kenya: GE Africa to build 100MW wind farm in Kenya

27 july 2015 - 08:03:33
Nairobi, Kenya (PANA) - General Electric Company (GE) Africa has announced that it is partnering with Kipeto Energy Limited to [...] Full text...

thread Economy

Mali: 'Mali becomes 1st W/African country to install largest solar grid-connected power plant

10 july 2015 - 14:16:35
Bamako, Mali (PANA) - An agreement to "Build-Own-and Operate West Africa’s first utility-scale solar power plant was signed here Friday [...] Full text...

thread Economy

Mali: Pact to build West Africa's 1st large-scale solar plan signed

10 july 2015 - 08:21:49
Bamako, Mali (PANA) - An agreement to build West Africa’s first utility-scale solar power plant was signed here Friday by [...] Full text...

thread Sciences

Kenya: IFC, Ecobank partner to finance SMEs in conflict-affected West, Central Africa

26 may 2015 - 14:38:24
Nairobi, Kenya (PANA) - IFC, a member of the World Bank Group, and Ecobank Transnational Incorporated, parent company of the [...] Full text...

thread Economy

US: World Bank MD lauds DRC for efforts to stabilize macroeconomic environment

14 may 2015 - 16:27:27
New York, US (PANA) - World Bank Group Managing Director Sri Mulyani Indrawati has commended Democratic Republic of Congo (DRC) [...] Full text...

thread Economy

Cote d’Ivoire: AfDB, IFC seek to boost private sector’s role in Africa’s growth

06 may 2015 - 17:44:01
Abidjan, Cote d’Ivoire (PANA) - Enhancing partnerships with a view to boosting the private sector as a driving force for [...] Full text...

thread Economy

UN: World Bank pledges US$650 million for Ebola recovery programmes

17 april 2015 - 16:17:15
New York, US (PANA) - The World Bank on Friday announced that it would provide at least US$650 million during [...] Full text...

thread Economy

Mozambique: Govt. set to promote new investment opportunities in gas, power

24 march 2015 - 14:14:12
Maputo, Mozambique (PANA) - Mozambique says it has another step towards its 2025 vision for gas and power development by [...] Full text...

thread Economy

Nigeria: WB launches solar power scheme to boost Africa’s energy need

17 february 2015 - 10:42:09
Lagos, Nigeria (PANA) - A new solar energy scheme, aimed at promoting access to modern alternative energy across Africa, has [...] Full text...

thread Economy

US: IFC to invest US$30 million to support SMEs, create jobs in Guinea

27 january 2015 - 14:10:05
Washington D.C., US (PANA) - IFC, a member of the World Bank Group, plans to invest US$30 million in Guinea [...] Full text...

thread Economy

Congo: Ecobank set to assist SMEs in Congo

21 january 2015 - 14:15:09
Brazzaville, Congo (PANA) – Ecobank-Congo Managing Director, Lazare Noulekou, has said that his organization is ready to assist Small- and [...] Full text...

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UN: WB says Guinea, Liberia, Sierra Leone 'crippled' by Ebola impact

20 january 2015 - 20:32:14
New York, US (PANA) - Although the Ebola epidemic has shown signs of slowing and confidence is growing about stopping [...] Full text...

thread Economy

Nigeria: 'Radio frequency exposures below global safety limit in Africa'

19 december 2014 - 12:47:59
Lagos, Nigeria (PANA) - Radio frequency (RF) exposures near mobile antennas have remained consistently well below international safety limits in [...] Full text...

thread Environment

Cameroon: World Bank grants Cameroon US$100 million loan for agric. projects

16 december 2014 - 14:27:00
Yaounde, Cameroon (PANA) - The World Bank has granted Cameroon a loan of US$ 100 million (about FCFA 50 billion) [...] Full text...

thread Agriculture

UN: IFC gives US$450 million in finance package to Guinea, Liberia, Sierra Leone

05 november 2014 - 22:54:14
New York, US (PANA) - The World Bank’s private sector arm, the International Finance Corporation (IFC), on Wednesday announced a [...] Full text...

thread Health

Ethiopia: UN leaders due in Ethiopia to launch regional climate change response plan

23 october 2014 - 15:13:27
Addis Ababa, Ethiopia (PANA) - The Heads of the UN and the World Bank are expected in Ethiopia on Monday [...] Full text...

thread Environment

US: World Bank/IMF Committee calls for policies to boost economic growth

12 october 2014 - 19:03:22
New York, US (PANA) - The World Bank Group and International Monetary Fund (IMF) Development Committee, a forum comprising Ministers [...] Full text...

thread Economy

Tanzania: IFC, Airtel Uganda sign US$3.9 million deal to expand mobile financial services

24 september 2014 - 13:38:13
Dar es Salaam, Tanzania (PANA) - The International Finance Corporation (IFC), the private lending arm of the World Bank Group, [...] Full text...

thread Economy

Tanzania:Africa's poor miss out on World Bank's billion-dollar private sector health initiative

10 september 2014 - 09:41:39
Dar es Salaam, Tanzania (PANA) - A billion-dollar flagship scheme to support private sector-led health care in Africa is bypassing [...] Full text...

thread Health

Togo: IFC to expand operations in Togo

12 june 2014 - 16:51:06
Lomé, Togo (PANA) - The International Finance Corporation (IFC), a subsidiary of the World Bank, wants to expand its operations [...] Full text...

thread Economy

Tanzania: Mobile phone networks promote mobile money payments among customers

05 june 2014 - 14:42:29
Dar Es Salaam, Tanzania (PANA) - Mobile phone networks -- Tigo, Airtel and Zantel -- Wednesday signed a pioneering agreement [...] Full text...

thread Economy

WEFA: World Economic Forum, OECD launch new initiative to boost economic growth

09 may 2014 - 22:46:37
Abuja, Nigeria (PANA) – The World Economic Forum and the Organisation for Economic Co-operation and Development (OECD) on Friday at [...] Full text...

thread Economy

Nigeria: World Bank mobilises US$1.7 billion to boost power generation in Nigeria

07 may 2014 - 15:07:18
Abuja, Nigeria (PANA) – The World Bank Group Wednesday announced, on the sidelines of the World Economic Forum Africa (WEFA) [...] Full text...

thread Economy

Togo: Ecobank general assembly resumes after 2-hour disruption

03 march 2014 - 20:00:34
Lomé, Togo (PANA) - The Extraordinary General assembly of the Ecobank group resumed here Monday after being suspended for more [...] Full text...

thread Economy

Nigeria: WB group signs pact with Nigerian bank

20 february 2014 - 10:39:55
Lagos , Nigeria (PANA) - A member of the World Bank Group, International Finance Corporation (IFC), has signed an [...] Full text...

thread Economy

Doha Peace agreement implementation progresses

17 december 2013 - 15:40:59
Khartoum, Sudan (PANA) - The African Union-United Nations Mission in Darfur (UNAMID) has said that reconstruction and development of 315 [...] Full text...

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Best clean energy entrepreneurs in West Africa to be honoured

04 october 2013 - 17:21:42
Tunis, Tunisia (PANA) - The Sustainable Energy Fund for Africa (SEFA), a multi-donor initiative administered by the African Development Bank [...] Full text...

thread Economy

WB report says many societies gradually moving to dismantle gender discrimination

24 september 2013 - 11:27:22
Dar es Salaam, Tanzania (PANA) - A new World Bank and International Finance Corporation (IFC) report has found that legal [...] Full text...

thread Gender

WB, Nigeria's apex bank pledge support to SMEs

30 august 2013 - 12:35:31
Lagos, Nigeria (PANA) - The World Bank and the Central Bank of Nigeria (CBN) have expressed their willingness to extend [...] Full text...

thread Economy

IFC to invest US$6m in Nigerian firm

26 august 2013 - 09:28:25
Lagos, Nigeria (PANA) - A member of the World Bank Group, International Finance Corporation (IFC), has announced that it will [...] Full text...

thread Economy

African Caucus urges IMF, WB to help improve infrastructure on continent

22 august 2013 - 23:02:58
Khartoum, Sudan (PANA) - Finance officials from 50 African countries have called on the World Bank (WB) and the International [...] Full text...

thread Economy

IFC begins training of entrepreneurs in African countries

02 july 2013 - 13:02:31
Lagos, Nigeria (PANA) - A member of the World Bank Group, International Finance Corporation (IFC), has introduced the Enterprise Governance [...] Full text...

thread Economy

IFC set to issue naira bond in Nigeria

24 january 2013 - 12:01:58
Lagos, Nigeria (PANA) - A member of the World Bank Group, the International Finance Corporation (IFC), is to issue a [...] Full text...

thread Economy

ECOWAS, partners to improve business climate in West Africa

16 november 2012 - 18:40:01
Abuja, Nigeria (PANA) - ECOWAS is partnering with the International Finance Corporation (IFC) and the European Union (EU) to implement [...] Full text...

thread Economy

African economies progress on World Bank group business rankings

23 october 2012 - 19:49:09
Nairobi, Kenya (PANA) - Many African economies have made it to the top 50 list of the world's best places [...] Full text...

thread Economy

AfDB, IFC sign pact to expand local currency finance in Africa

01 june 2012 - 08:50:37
Arusha, Tanzania (PANA) - The African Development Bank (AfDB) and the International Finance Corporation (IFC), a member of the World [...] Full text...

thread Economy

South Sudan gains full World Bank membership

19 april 2012 - 14:02:06
Nairobi, Kenya (PANA) - Shortly after joining the International Monetary Fund (IMF) as its 188th member (Wednesday), the Republic of [...] Full text...

thread Economy

World Bank President Zoellick to quit in June

16 february 2012 - 11:47:13
Nairobi, Kenya (PANA) - World Bank President Robert Zoellick has announced he will step down from office in June, the [...] Full text...

thread Economy

Progress in regulatory reform expands business opportunities in OHADA states

26 january 2012 - 07:48:40
Dar es Salaam, Tanzania (PANA) - A new report from the International Finance Corporation (IFC) and the World Bank has [...] Full text...

thread Economy

AfDB finances gas-powered electricity project in Cameroon

23 december 2011 - 15:31:59
Nairobi, Kenya (PANA) - The African Development Bank (AfDB) has reached an agreement with other financiers to avail nearly 200 [...] Full text...

thread Economy

Chadian farmers sue World Bank for negative effects of oil project

19 december 2011 - 21:13:35
Paris, France (PANA) – Some 25,220 farmers in Chad have sued the World Bank for funding an oil project that [...] Full text...

thread Society

Foundation set up to finance infrastructure in Africa

08 december 2011 - 11:37:27
Lagos, Nigeria(PANA) - A Nigerian oil firm is collaborating with African designer Ozwald Boateng to set up a Foundation that [...] Full text...

thread Economy

Kikwete calls for uniform tax system in East Africa

11 november 2011 - 18:10:15
Nairobi, Kenya (PANA) - Tanzanian President Jakaya Kikwete on Friday called for the harmonization of the tax regimes in the [...] Full text...

thread Economy

Doing Business 2012 report rates Mali first of UEMOA's 8-member nations

22 october 2011 - 18:06:30
Bamako, Mali (PANA) - The Doing Business 2012 report released Friday puts Mali ahead of the eight countries of the [...] Full text...

thread Economy

Nigerian banks affirm commitment to sustainable practice

13 september 2011 - 14:05:10
Lagos, Nigeria (PANA) - Chief Executives Officers (CEOs) of Nigeria’s 24 deposit banks have restated their commitment to responsible business [...] Full text...

thread Economy

Gambari says Doha Peace Accord on Darfur gives hope for regional peace

11 september 2011 - 16:53:49
Khartoum, Sudan (PANA) - The Joint Chief Mediator (JCM), an interim for Darfur, Ibrahim Gambari, said Sunday the agreement signed [...] Full text...

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WB-IFC report says East Africa could match Japan in ease of doing business

17 august 2011 - 17:14:12
Dar es Salaam, Tanzania (PANA) - If the best of East African regulations and procedures were implemented across the board, [...] Full text...

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IFC seeks more funds for Africa's private healthcare

07 june 2011 - 10:01:19
Nairobi, Kenya (PANA) - World Bank’s private-sector lending arm, the International Finance Corporation (IFC), has earmarked US$1 billion to boost [...] Full text...

thread Health

Kenya to implement healthcare financing plan

07 june 2011 - 09:52:47
Nairobi, Kenya (PANA) - Kenya's cabinet has approved the implementation of a new health insurance scheme for teachers and the [...] Full text...

thread Health

IFC, WB call for government-private sector action to expand Africa’s health services

06 june 2011 - 08:06:11
Dar es Salaam, Tanzania (PANA) - A new International Finance Corporation (IFC)-World Bank report released on Monday finds that if [...] Full text...

thread Health

IFC grants US$ 2m for Mali's proposed hydroelectric dam

05 may 2011 - 16:10:54
Bamako, Mali (PANA) - The International Finance Corporation (IFC), a World Bank subsidiary, will make available to Mali, US$ 2 [...] Full text...

thread Economy

'WB commited US$11.5b to Africa in 2010'

25 january 2011 - 09:51:46
Lagos, Nigeria (PANA) - The World Bank Group committed a record sum of US$11.5 billion in loans, credits, equity investments [...] Full text...

thread Economy

'Nigerian needs US$6b annually for power stability'

17 january 2011 - 10:36:20
Lagos, Nigeria (PANA) - Nigeria's Minister of State for Power Nuhu Somo Wya has said the country will need to [...] Full text...

thread Economy

IFC to grant loans to African clients

24 december 2010 - 18:35:29
Lagos,Nigeria (PANA) - A member of the World bank group, the International Finance Corporation (IFC), is providing local currency loans [...] Full text...

thread Economy

World Bank official impressed with Malawi growth rate

10 november 2010 - 18:23:00
Blantyre- Malawi (PANA) -- Lars Thunell, the International Finance Corporation (I FC) Vice-President and Chief Executive Officer (CEO), has asked [...] Full text...

thread Economy

IFC finances expansion of Tanzania's Williamson diamonds mine

29 september 2010 - 18:27:00
Dar es Salaam- Tanzania (PANA) -- In a new bid to return Tanzania's only diamond mine to profitability and extend [...] Full text...

thread Economy

IFC injects cash to ease Ethiopian coffee farmers' woes

21 september 2010 - 12:06:00
Addis Ababa- Ethiopia (PANA) -- Ethiopian coffee farmers, who have been unable to get loans to boost coffee production, will [...] Full text...

thread Economy

'IFC invested US$ 2.4 bln in Sub-Saharan Africa in 2010'

01 september 2010 - 15:23:00
Dakar- Senegal (PANA) -- Sub-Saharan Africa received investments to the tune of U S$ 2. 4 billion from the International [...] Full text...

thread Economy