World Bank to Invest an Additional $150 billion in Africa

World Bank to invest in the development of the continent Plans to invest at least $150…

NIGERIA: Richer Households Benefit Most from Government Subsidies – World Bank

Rich households benefit more from subsidy Data sourced from NERC, REA, and NBS Only 22% of…

NIGERIA: World Bank Report Releases Report on Nigeria’s Power Sector

Nigeria, the country with the highest number of people without electricity in the world One in…

NIGERIA: FG Disagrees with World Bank on Power Sector Report

FG rejected findings of the report Says energy sent to DisCos has been on a steady…

LIBERIA: World Bank to Strengthen Liberia’s Electricity Sector

World Bank signs financial agreements with Liberia To fund two electricity sector projects Projects to ensure…

World Bank Approves $500m Loan for Electrification in Ethiopia

The World Bank has approved a $500 million loan to the government of Ethiopia. The funds…

LIBERIA: World Bank Approves Funding for Improved Energy Access

World Bank approves funding for improved energy access Project to be funded by IDA The World…

World Bank Provides $22.5m Funding for Off-Grid Project in Sub-Saharan Africa

The World Bank Group has approved the provision of a $22.5 million grant for an off-grid…

World Bank Refutes Claims it Provided Guarantees to Ghana IPPs

World Bank did not provide any guarantee to IPPs. The media has reported the World Bank…

World Bank Provides $50m for Solar Off-Grid Development in Sierra Leone

The financing will enable the government to extend its power grid in cities and peri-urban areas.…