The World Bank has announced an infusion of an additional $5 million into Djibouti’s economic management and statistics development project. The initiative aims to bolster the capacity of the…
The World Bank Group and the Ministry of Finance of Ethiopia have conducted a joint workshop on Energy Sector Reform in Addis Ababa, as announced by the Ministry. The…
Minister of International Cooperation, Rania Al-Mashat, engaged in a meeting with Ajay Banga, the President of the World Bank Group (WBG), to discuss strategies for strengthening cooperation and enhancing…
The World Bank has committed an additional $100 million in funding to aid over 200,000 Somali households facing challenges posed by flooding and food insecurity. Through the Somalia Shock…
The International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) jointly announced the approval of a substantial debt relief package totaling $4.5 billion for Somalia under…
The World Bank Group has announced a substantial $12 billion (Ksh1.8 trillion) loan package for Kenya, slated to be disbursed over the next three years starting from July 2024.…