Africa Needs $21.3 Billion by 2030 for Electricity Access, Says Industry Report

Most African countries, especially Nigeria and other low-income nations, will require approximately $21.3 billion in investments…

Mission 300 Initiative Launches to Electrify 300 Million Africans by 2030

A major initiative to bring electricity to 300 million Africans by 2030 has commenced, backed by…

Nigeria and World Bank Discuss Power Sector Reforms

The Federal Government of Nigeria has engaged in discussions with the World Bank to advance power…

FG Seeks Yet Another $500m Loan from World Bank to Restructure Dam Despite Past Interventions

The Federal Government has requested a $500 million loan from the World Bank to improve dam…

World Bank Supports Botswana Renewable Energy

The World Bank’s Board of Directors approved its first lending operation supporting the Botswana Renewable Energy Support and Access…

World Bank Names Dr Ndiamé Diop as Nigeria Country Director

The World Bank appointed Dr Ndiamé Diop as the new Country Director for Nigeria. He succeeds…

World Bank Praises Rapid Progress on Maiduguri Solar Project

Ashish Khanna, World Bank Practice Manager for West Africa, has praised the rapid advancement of the…

World Bank Targets $20 Billion in Annual Guarantees

The World Bank Group launched a new loan and investment guarantee platform on Monday, July 1,…

World Bank Approves $1.5 Billion for India’s Energy Expansion

The World Bank approved $1.5 billion to accelerate India’s low-carbon energy expansion. This funding, part of…

World Bank Funds Liberia’s Renewable Energy Expansion

The World Bank Group approved a $45 million disbursement for Liberia’s Renewable Energy Solar Power Intervention…