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Tag Archives: World Bank

World Bank pledges $60 mln to help fill Gambia’s empty coffers

26 February 2017, 3:24 PM

The World Bank’s Vice President for Africa, Makhtar Diop, said on Saturday he had agreed to give Gambia $60 million in budget support.

Nigeria aims to present reform plan in February

11 February 2017, 9:17 AM

Nigeria wants to borrow at least $1 billion from the World Bank to help haul it out of recession and plans to present the required economic reform proposals to the lender this month.

Uganda growth to rise in 2017/18: World Bank

7 February 2017, 5:04 PM

Uganda’s economy will expand by 5.2% in the fiscal year 2017/2018 after slipping to 5% in 2016/17, helped by infrastructure spending and foreign investment in the oil industry, the World Bank said .

Tanzania says needs $46 billion in power investment by 2040

6 February 2017, 12:02 PM

Investors have long complained that a lack of reliable power is an obstacle to doing business in east Africa’s second biggest economy.

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