Tag: World Bank

World Bank’s Sweden-funded program to unlock trade through economic growth in MENA region

July 20, 2024

The World Bank has launched a new Sweden-funded Trade Facilitation Support Program (TFSP) in Middle East and North Africa (MENA) that aims to streamline trade processes, ... Read More

Drop in Cashew exports disrupts financial balances in Guinea Bissau- World Bank

May 23, 2024

The economy of Guinea Bissau remains highly dependent on Cashew nuts, whose exports dropped significantly last year depriving the country of much needed revenue to ... Read More

Morocco, World Bank sign Rapid Response Option Agreement

May 20, 2024

Morocco and the World Bank (WB) signed in Rabat Monday the Rapid Response Option (RRO) agreement, a significant step in enhancing the Kingdom's capacity to ... Read More

Morocco, World Bank set to adopt new cooperation roadmap

May 18, 2024

Morocco and the World Bank have reaffirmed their shared will to strengthen their cooperation, and called, in this connection, for the acceleration of their partnership ... Read More

Niger: military coup reversed hard-won gains reached during democratic government — ACSS study

May 15, 2024

The military coup in Niger has reversed hard-earned gains in the previous decade under democratically elected governments, as it has impacted every sector of Nigerian ... Read More

Morocco’s Central Bank Partners with World Bank to Promote Financial Inclusion in Rural Areas

May 10, 2024

Bank Al Maghrib, Morocco’s central Bank has teamed up with the World Bank to promote the use of digital money transfer services for the benefit ... Read More

World Bank donates Togo laboratory equipment worth $1.6m

January 13, 2024

Togo took delivery Thursday January 11 of laboratory equipment valued at $1.6 million, donated by the World Bank to bolster performance of 18 district hospitals. ... Read More

World Bank helps Gabon finance digital transformation project with $68.5m loan

January 4, 2024

Gabon has secured a credit facility of $68.5 million to finance “Projet Digital Gabon”, a digital transformation project aiming at creating an environment conducive to ... Read More

Africa fueled with optimism with prospect of US interest rate cut in 2024

January 2, 2024

Emerging and frontier markets in Africa now have a reason for cautious optimism in 2024 following a recent announcement by The Federal Reserve (Fed) signaling ... Read More

Africa faces looming ‘debt crisis’ and ‘lost decade’, warns World Bank

December 19, 2023

Developing countries are on a "path to debt crisis" and another "lost decade", World Bank warns in its latest annual publication, unless African and other ... Read More