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More Bilateral Debt Forgiveness Needed For Poor Countries- World Bank Chief

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World Bank President Ajay Banga said on Thursday that bilateral creditors need to provide more debt forgiveness to poor debt-distressed countries. He added that the...

World Bank Approves $1.57 Billion Loan For Nigeria

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The World Bank on Monday approved a $1.57 billion financing package for Nigeria under a new programme to support its health and education sectors...

World Bank, French Agency Give Uganda Aid Of Over $600 Million

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The World Bank and French Development Agency (AFD) have given Uganda more than $600 million to fund infrastructure development and manage waste in the...

World Bank Approves $1.2 Billion Budget Support For Kenya

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The World Bank on Thursday approved the first of three budget support packages for Kenya worth $1.2 billion, to help the East African country...

World Bank Approves $138.5 Million Loan To Namibia

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The World Bank on Tuesday approved a $138.5 million loan to help Namibia bolster its transmission network and integrate renewable energy projects into the...

Tourism: World Bank Suspends Funding For Ruaha National Park Project In...

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The World Bank has halted its funding of a $150m ($120m) tourism project in Tanzania following allegations of rape, evictions and killings. The World Bank's...

Anti-LGBTQ+Bill: Ghana To Lose $3.8 Billion In World Bank Funding –...

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Ghana's Ministry of Finance has advised against the controversial anti-LGBTQ+ bill, saying it could see the West African country lose almost $3.8bn (£2.9bn) in...

Uganda: World Bank Loans Were Tempting the Corrupt – IGG Kamya

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The Inspector General of Government (IGG), Beti Olive Kamya has announced the inspectorate's stringent measures already set to crack the whip on the biting...

It is hypocrisy: Uganda responds to World Bank funding freeze

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Ugandan officials on Wednesday lampooned the World Bank and Western countries for ‘hypocrisy’, after the global lender suspended lending for projects in Uganda in...

World Bank suspends funding to Uganda over anti-gay law

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The World Bank has suspended any future funding for projects in Uganda, citing human rights violations from the recent enactment of the anti-homosexuality law. A...
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