Saudi Arabia, WBG establish Global Knowledge Hub in Riyadh
03 december 2024 - 11:19:27Riyadh, Saudi Arabia (PANA) - The Kingdom of Saudi Arabia and the World Bank Group (WBG) signed an agreement on [...] Full text...
thread Society
Breaking news
- Agriculture
Can Angola, the second largest oil producer in Sub-Saharan Africa, transform itself from a food insecure country to a regional food hub? World Bank Blog By Izabela Leao and Nelson Eduardo
- Culture
Senior US diplomat participates in Dakar Biennale
- Economy
IMF Executive Board completes second review under Extended Credit Facility Arrangement for Burkina Faso
- Environment
African Development Fund approves $9 million grant to strengthen climate resilience in Madagascar
- Gender
100 killed as femicide epidemic takes alarming turn in Kenya
- Health
Avian flu reported in 108 countries across five continents, says WHO
- Politics
UN Resident and Humanitarian Coordinator condemns bombardment of WFP compound
- Press Review
Lessons of Hamas operation against Israel, - Libyan newspaper,
- Sciences
Humanity’s fate can’t be left to algorithms, UN chief tells Security Council
- Social
Libya chairs Arab discussion group at mine action session
- Society
Security and economic woes plague West Africa, as key elections loom
- Sports
FIFA Rankings: Morocco ends 2024 as Africa’s top side
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Riyadh, Saudi Arabia (PANA) - The Kingdom of Saudi Arabia and the World Bank Group (WBG) signed an agreement on [...] Full text...
Climate action essential to Senegal’s upper-middle-income country aspiration, says new report
06 november 2024 - 09:07:30Dakar. 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 - 05:38:10Abidjan, 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 - 06:57:43Washington, 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 - 07:04:12Harare, 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 - 15:46:18Banjul, 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 - 07:37:51Dar 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 - 08:46:38Washington, 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 - 08:04:33Yaoundé, 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 - 10:58:44Dar 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 - 07:18:40Washington 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 - 08:51:09Djibouti, 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 - 18:26:55Mogadishu, 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 - 08:27:52Washington, 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 - 15:34:19Addis Ababa, Ethiopia (PANA) - Preparatory work has begun at Ethiopia's first commercial gold mine, the Tulu Kapi Gold Project, [...] Full text...
thread
New chapter in partnership between World Bank Group and Togo
24 may 2024 - 08:08:49Lome, 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 - 13:52:53Cotonou, 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 - 13:17:05Port 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 - 06:50:39Washington, 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 - 07:53:44Harare, 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 - 18:59:17Mogadishu, 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 - 13:05:30Addis 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 - 07:16:06Cairo, 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 - 12:46:40Dubai, 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 - 13:50:29Maputo, 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 - 18:21:21Nairobi, 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 - 14:23:42Tunis, 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 - 07:32:52Dar 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 - 17:53:44Nairobi, 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 - 18:26:55Kinshasa, 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 - 11:54:59Abidjan, 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...
thread
Congo can turn climate crisis into opportunity to end poverty, boost prosperity
09 october 2023 - 12:52:46Brazzaville, 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 - 16:55:04Tunis, 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 - 07:52:47Washington 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 - 06:17:38Nairobi, 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 - 06:46:39Geneva, 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 - 08:32:43Tunis, 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 - 07:48:58Washington, 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 - 14:03:13Washington, 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 - 08:23:49Port-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 - 17:04:12Washington, 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 - 09:32:46Cairo, 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 - 13:11:35Maputo, 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 - 07:46:50Washington, 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 - 13:05:02Abidjan, 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 - 12:50:50Pte 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 - 14:46:56Tripoli, 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 - 09:33:35Port-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 - 08:28:36Port-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 - 20:07:08Ouagadougou, 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 - 09:32:20Banjul, 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 - 19:42:46Dakar, 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 - 10:27:14Nairobi, 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 - 20:16:47Djibouti, 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 - 13:48:39Khartoum, 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 - 15:17:15Port 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 - 05:26:42Washington, 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 - 12:59:50Washington, 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 - 07:30:30Addis 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 - 15:46:24Abidjan, 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 - 13:15:11Abidjan, 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 - 15:54:17Khartoum, 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 - 10:23:27Lome, 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 - 18:28:24Bamako, 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 - 17:34:19Washington, 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 - 23:44:52Tripoli, 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 - 18:10:17Washington, 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 - 13:37:13Cotonou, 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 - 21:01:46Mogadishu, 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 - 08:48:00Nairobi, 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 - 12:55:33Washington, 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 - 18:00:39Lagos, 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 - 16:10:08Washington, 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 - 15:15:48Nairobi, 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 - 18:03:28Nairobi, 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 - 17:39:54Kampala, 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 - 15:19:40Paris, 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 - 23:39:37Accra, 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 - 22:31:30Nouakchott, 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 - 14:04:24Lagos, 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 - 19:05:45Ouagadougou, 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 - 07:35:31Washington, 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 - 19:26:00Banjul, 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 - 19:34:14Washington, 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 - 07:37:59Washington, 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 - 12:39:53Washington, 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 - 08:00:43Nouakchott, 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 - 18:09:40Cairo, 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 - 21:01:39Gaborone, 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 - 15:02:25Abidjan, 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 - 23:29:13Lomé, 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 - 21:42:42Lomé, 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 - 14:51:38Ziguinchor, 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 - 12:59:14Abidjan, 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 - 16:37:34New 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 - 19:16:35Nouakchott, 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 - 16:30:55Nairobi, 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 - 16:53:21Nairobi, 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 - 21:10:43Abidjan, 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 - 10:37:53Port-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 - 12:39:41Addis 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 - 10:10:40Conakry, 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 - 23:29:32Paris, 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 - 21:31:33Lomé, 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 - 16:15:14Lomé, 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 - 11:43:24Lomé, 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 - 23:19:47Nouakchott, 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 - 23:24:15Abidjan, 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 - 17:35:23Niamey, 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 - 14:08:10Paris, 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 - 13:05:50Nouakchott, 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 - 14:32:35Banjul, 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 - 11:41:13Nairobi, 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 - 11:06:14Nairobi, 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 - 17:04:05Kigali, 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 - 15:49:50Nairobi, 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 - 16:34:10Nairobi, 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 - 15:39:16Cairo, 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 - 18:10:45Kampala, 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 - 12:27:59Blantyre, 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 - 13:22:02Abidjan, 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 - 13:27:51Lagos, 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 - 16:37:08Nairobi, 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 - 08:45:47Nairobi, 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 - 13:50:54Abidjan, 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 - 19:52:06Paris, 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 - 11:28:28Abidjan, 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 - 09:50:50Abidjan, 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 - 14:17:33Conakry, 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 - 08:17:22Abuja, 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 - 06:55:57Ahmedabad, 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 - 18:58:49Abidjan, 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 - 17:30:36Nairobi, 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 - 10:26:23Dar 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 - 11:31:49Abidjan, 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 - 15:56:04Dakar, 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 - 06:33:32Dar 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 - 11:06:49Lilongwe, 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 - 20:48:41Abuja, 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 - 09:44:44Lagos, 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 - 10:31:57Dar-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 - 12:42:51Dar 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 - 08:03:33Nairobi, 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 - 14:16:35Bamako, 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 - 08:21:49Bamako, 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 - 14:38:24Nairobi, 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 - 16:27:27New 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 - 17:44:01Abidjan, 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 - 16:17:15New 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 - 14:14:12Maputo, 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 - 10:42:09Lagos, 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 - 14:10:05Washington 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 - 14:15:09Brazzaville, 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 - 20:32:14New 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 - 12:47:59Lagos, 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$100 million loan for agric. projects
16 december 2014 - 14:27:00Yaounde, Cameroon (PANA) - The World Bank has granted Cameroon a loan of US$ 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 - 22:54:14New 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 - 15:13:27Addis 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 - 19:03:22New 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 - 13:38:13Dar 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 - 09:41:39Dar 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 - 16:51:06Lomé, 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 - 14:42:29Dar 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 - 22:46:37Abuja, 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 - 15:07:18Abuja, 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 - 20:00:34Lomé, 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 - 10:39:55Lagos , 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 - 15:40:59Khartoum, 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 - 17:21:42Tunis, 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 - 11:27:22Dar 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 - 12:35:31Lagos, 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 - 09:28:25Lagos, 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 - 23:02:58Khartoum, 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 - 13:02:31Lagos, 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 - 12:01:58Lagos, 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 - 18:40:01Abuja, 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 - 19:49:09Nairobi, 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 - 08:50:37Arusha, 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 - 14:02:06Nairobi, 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 - 11:47:13Nairobi, 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 - 07:48:40Dar 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 - 15:31:59Nairobi, 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 - 21:13:35Paris, 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 - 11:37:27Lagos, 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 - 18:10:15Nairobi, 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 - 18:06:30Bamako, 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 - 14:05:10Lagos, 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 - 16:53:49Khartoum, 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 - 17:14:12Dar 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 - 10:01:19Nairobi, Kenya (PANA) - World Bank’s private-sector lending arm, the International Finance Corporation (IFC), has earmarked US$1 billion to boost [...] Full text...
thread Health
Kenya to implement healthcare financing plan
07 june 2011 - 09:52:47Nairobi, Kenya (PANA) - Kenya's cabinet has approved the implementation of a new health insurance scheme for teachers and the [...] Full text...
thread Health
IFC, WB call for government-private sector action to expand Africa’s health services
06 june 2011 - 08:06:11Dar es Salaam, Tanzania (PANA) - A new International Finance Corporation (IFC)-World Bank report released on Monday finds that if [...] Full text...
thread Health
IFC grants US$ 2m for Mali's proposed hydroelectric dam
05 may 2011 - 16:10:54Bamako, 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 - 09:51:46Lagos, 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 - 10:36:20Lagos, 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 - 18:35:29Lagos,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 - 18:23:00Blantyre- 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 - 18:27:00Dar 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 - 12:06:00Addis Ababa- Ethiopia (PANA) -- Ethiopian coffee farmers, who have been unable to get loans to boost coffee production, will [...] Full text...
thread Economy