Tag: World Bank

Egypt: World Bank supports housing for low-income households with $500m

March 23, 2020

The World Bank has granted Egypt a $500 million additional financing destined to support ongoing efforts to improve the affordability of formal housing for low-income ... Read More

World Bank commends Morocco’s Doing Business progress, calls for more growth

November 15, 2019

Despite Morocco’s significant progress on the Doing Business index, much remains to be done for Morocco to move from 2.8% growth expected this year to ... Read More

New WB $300 million loan to support Moroccan municipalities’ performance, service delivery

November 8, 2019

The World Bank’s Board of Executive Directors has approved a $300 million loan (€271.8 million) to support the strengthening of Morocco’s municipalities, an objective that ... Read More

World Bank: Geopolitical Tensions Affect Growth in MENA in 2019

October 15, 2019

Economic growth in the region of North Africa and the Middle East is expected to drop to 0.6 pc in 2019 against a 1.2 pc ... Read More

World Bank: Algeria’s Political Uncertainty Affects Economic Performance

October 10, 2019

As Algerians of all walks of life continue to protest against the military Generals and old guards for keeping a tight grip on the country ... Read More

World Bank Calls for Propping up Moroccan Exporting Companies

August 7, 2019

The World Bank has stressed the need to support Moroccan companies to enable them better penetrate markets, develop and export their goods, services and products. ... Read More

Post-disaster: Malawi needs $ 381 million to rebuild the country

July 9, 2019

Cyclone-hit Malawi will need 290 billion Malawian kwacha (more than $ 381 million) for reconstruction work, according to a post-disaster needs assessment conducted by the ... Read More

World Bank Launches $500 million Education Support Program in Morocco

June 21, 2019

The World Bank announced Thursday the launch of a new program worth $500 million (4.77 billion dirhams) destined to support Moroccan authorities in the generalization ... Read More

World Bank commits $200 mln to support Ethiopia’s renewable energy program

May 30, 2019

The World Bank's Board of Directors has approved $200 million in funding for the establishment of a Renewable Energy Guarantees Program (REGREP) in Ethiopia. These ... Read More

World Bank unveils human capital plan to propel investment in Africa’s people

April 12, 2019

The World Bank unveiled a new plan Thursday to help African countries strengthen their human capital, setting ambitious targets to be achieved in the region ... Read More