Tag: World Bank

The World Bank has approved a $138.5 million loan to help Namibia bolster its transmission network and integrate renewable energy ...

He cited Kenya's own devastating floods and a severe drought affecting Southern African nations such as Malawi.

Nairobi, Kenya, is currently playing host to the prestigious International Development Association, IDA21, summit organised by the World Bank. This ...

The World Bank said on Friday that it was providing $57.6 million in "quick release" grant financing to Malawi to ...

The World Bank has suspended funding for a tourism project in Tanzania that caused the suffering of tens of thousands ...

Stabilisation efforts are being supported by the IMF’s Extended Credit Facility programme to about $3 billion.

The IMF lowered its 2024 growth forecast for low-income countries as a group to 4.7% from an estimate of 4.9% in January.

Ahead of global policymakers convening this week in Washington for the spring IMF/World Bank meetings, the IMF raised its global ...

“Last year, we were the only East African country that had zero debt after all our debts were forgiven by ...

According to Kenya’s National Treasury, the economy will grow by 6.3 per cent this year, even as the country navigates ...