Tag: World bank

World Bank’s MIGA plans major Africa expansion with $6.4bn annual guarantee target

Multilateral Investment Guarantee Agency plans to more than double the value of guarantees it issues for projects in Africa to about $6.4 billion annually...

Lagos strengthens $500m World Bank HOPE programme with operational vehicle deployment

Lagos State has handed over a fleet of operational vehicles to boost implementation of the World Bank-backed World Bank Human Capital Opportunities for Prosperity...

Gabon to audit public debt after securing $150m World Bank support package

Gabon has announced plans to conduct a comprehensive audit of its public debt following the signing of a $150 million financing agreement with the...

World Bank’s Investment Arm to Boost Local-Currency Lending in Africa

The International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, has announced plans to expand local-currency lending across Africa to...

World Bank Approves $360 Million Support Package for Ghana’s Economic Recovery

The World Bank has approved a $360 million financing package to support Ghana’s ongoing economic recovery and structural reform efforts, as the West African...

World Bank’s Nuclear Policy Shift Opens New Energy Horizons for Africa

The World Bank’s recent decision to lift its long-standing ban on financing nuclear energy projects marks a major turning point for global energy policy,...

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