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Tag Archives: World Bank

World Bank to loan $700 million to help Colombia coronavirus response

27 June 2020, 5:03 AM

The World Bank has approved a loan of $700 million to Colombia to help the Andean country in its fight against the coronavirus pandemic, it said on Friday.

Nigeria needs to deepen reforms to boost growth, revenues: World Bank

26 June 2020, 7:34 PM

Nigeria needs to deepen economic reforms and boost government revenues in order to have a sustained recovery after a coronavirus-induced oil price shock that slashed income and weakened its currency, the World Bank’s country director told Reuters on Friday.

World agencies step in as pandemic poverty hits artisanal miners

26 June 2020, 4:52 PM

From a $15 million World Bank fund to an experimental gold-buying project in Burkina Faso, development agencies are delivering financial aid to subsistence miners the COVID-19 pandemic has impoverished.

Nigeria’s COVID-19 outbreak could impoverish 5 million people: World Bank

25 June 2020, 4:33 PM

Nigeria’s coronavirus outbreak may push 5 million people into poverty as it triggers the worst recession in the African powerhouse since the 1980s, the World Bank said on Thursday.

Women, babies at risk as COVID-19 disrupts health services, World Bank warns

24 June 2020, 9:31 PM

Millions of women and children in poor countries are at risk because the COVID-19 pandemic is disrupting health services they rely on, from neonatal and maternity care to immunisations and contraception, a World Bank global health expert has warned.

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