The World Bank has appreciated Ethiopia’s progress and reaffirmed the Bank’s steadfast commitment to supporting the…
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World Bank Approves $300m for Climate and Economic Stability in Ghana
The World Bank has approved a $300 million Development Policy Operation for Ghana to help its…
World Bank Projects 216m Displacement by 2050 Due to Climate Change
The World Bank projects 216 million people, mainly in sub-Saharan Africa, will move by 2050 due…
Developing Countries May Not Get More Climate Investment –World Bank
The newly released World Bank ‘Global Economic Prospects’ report has projected that global growth will be…
World Bank Grants Iberdrola €300m to Develop Renewable Projects
The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…
Scatec Signs $100m Loan with World Bank for Clean Energy in Africa
Scatec (Release) signed a $100 million loan agreement with the World Bank’s International Finance Corporation (IFC) to replace…
World Bank Funds Clean Energy in Nigeria
The World Bank allocates $750 million for clean energy projects in Nigeria. This move addresses the…
Tanzania, Rwanda and Somalia Selected for World Bank’s Clean Energy Programme
Tanzania, Rwanda and Somalia are among four countries selected as pilots for a new World Bank…
World Bank Approves $750m for Renewable Energy Project in Nigeria
The World Bank announced on Friday that it has approved the Nigeria Distributed Access through Renewable…
South Africa Signs Deal with World Bank, AfDB, KfW for Energy Transition
South Africa has signed major loan agreements with the World Bank, Germany’s Kreditanstalt für Wiederaufbau (KfW),…