World Bank

Sub-Saharan Africa’s Economic Outlook 2025: Navigating Uncertainty and Aligning Policy for Sustainable Recovery

The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …

Tanzania: World Bank Funded City Developing Project Gets U.S.$130 Million Boost

Dar es Salaam — The World Bank Group commitment to continue supporting Tanzania was reaffirmed on Monday after it approved $130 million (Sh275 billion) aimed at financing the Tanzania Strategic Cities Project (TSCP). The project, which is going on, started in 2010 in different cities and towns across the country. …

World Bank approves $16m to support reproductive, maternal and child health in Liberia

The World Bank Group has approved a $16 million grant from the Global Financing Facility (GFF) to help improve the quality of primary and secondary health care services in Liberia. This grant will support initiatives with focus on reproductive, maternal, newborn, child and adolescent health (RMNCAH), according to the World …

The Gambia: SEFA commits about $1 million to energy access

As Gambia’s new President, Adama Barrow takes steps in series of reforms for the country, world bodies have continued to pledge financial support for the small west African country. European Union has pledged an initial 75 million euros ($80 million) in aid to the government, two years after suspending aid …

African energy leaders to address energy infrastructure

This week, South Africa will see African energy leaders gathering in Johannesburg to discuss ways to provide affordable and clean energy across the continent. Among the challenges that are hindering the development of making electricity accessible in Africa remains on the lack of infrastructure, reports Clean Technica. Media highlighted that …

Africa Re, World Bank partner on risk-sharing for farmers

THE World Bank Group’s Global Index Insurance Facility (GIIF) and African Reinsurance Corporation (Africa Re) have entered into an agreement to carry out a risk-sharing facility to subsidize premium for over 80million farmers in Africa. The World Bank GIIF is a multi-donor trust fund that has facilitated approximately 1.5 million …

Air pollution kills 10 lakh Indians every year: study

Garbage set on fire as heavy smoke billows causing air pollution in New Delhi. The study says causes of air pollution and climate change are intricately linked and needed to be tackled together. The air Indians breathe is turning more toxic by the day and an average of two deaths …

SSA lacks sustainable energy policies, says RISE 2016 report

Sub-Saharan Africa has one of the least developed policy environments to support energy access, says a new World Bank report released on Wednesday. The report – RISE 2016: Regulatory Indicators for Sustainable Energy – highlights that many countries globally – Mexico, China, Turkey, India, Vietnam, Brazil, and South Africa – …

World Bank approves US $250 million credit for Kenya agriculture

NAIROBI (Xinhua) -- The World Bank has approved a 250 million U.S. dollars credit to finance agricultural productivity and help smallholder farmers and pastoral communities build resilience to climate change. A statement from the World Bank released on Monday evening that the project aims to increase agricultural productivity and build …

IFC may invest Rs 100 crore in renewable energy co Clean Max Enviro Energy

International Finance Corporation, the private sector investment arm of the World Bank, could invest about Rs 100 crore in Mumbai-based renewable energy company Clean Max Enviro Energy Solutions. The company, one of India's largest solar solutions providers, is expected to use the funds primarily for construction of the proposed green-field …

World bank commended for funding the lead remediation project in Kabwe

CENTRAL Province permanent secretary Chanda Kabwe has commended the World Bank for funding the lead remediation project in Kabwe aimed at mitigating the impact of lead poisoning on human health and the environment. The World Bank recently approved the US$65.6 million five-year environment remediation project targeted at critically polluted mining …

Nairobi is built for cars, says World Bank study

Nairobi is a city built for car owners who can reach 90 per cent of the workplaces within an hour on average, a new report by the World Bank Group suggests. This is unlike commuters using public service vehicles who spend the same time to access 20 per cent of …

World Bank to spend over $508 million in Gombe

World Bank, Federal Government and Food and Agriculture of United Nations in collaboration with the State Government to spend the sum of $508.96 million on civil Works, Water management and tree planting. Mr Bala Nayaya, state project coordinator disclosed this while speaking with Journalists yesterday in Gombe during his visit …

World Bank report urges Africa's cities to connect to the world

The World Bank Group has launched a report on improving conditions for people and businesses in Africa's cities. The report titled "Africa's cities, Opening Doors to the World" noted that, Africa's cities must connect to the world for economic growth. In a video conference, the World Bank Vice President for …

Carnivores more seriously threatened by roads than previously acknowledged

The effects of roads on carnivores have obviously been underestimated in worldwide species conservation. This is the conclusion of the first comprehensive global study on this topic, which has been published in the scientific journal Global Ecology and Biogeography by an international research team from Germany and Portugal. The protection …

Uganda: World Bank to Decide on Bujagali-Isimba Dam Row

Kampala — The World Bank's board of executive directors, will at their next sitting, discuss and is expected to decide the way forward on a report of investigations by the group's Inspections Panel. The report is about government and the Chinese contractors for Isimba dam disregarding various environmental and social …

World Bank quashes fossil fuel funding claims

The World Bank has criticised what it believes are "grossly misrepresented" findings from the Bank Information Center (BIC), which has claimed that up to $5bn in intended low-carbon funds have instead been used to introduce tax breaks for fossil fuel developments in developing countries. BIC has suggested that the World …

Here's how climate change impacts women the most

New Delhi: Men migrating to bigger towns in search of employment, to support their families back home in the villages, is not uncommon. Climate change, which has caused a spike in natural disasters, has upped this "push" factor, adding to others like poverty and unemployment. But what about women? Not …

Climate change: Seize the opportunities

Moving to a low-carbon economy only way to tackle impact of global warming The term climate change often brings to mind natural disasters such as heat wave, floods and cyclones. While such events may or may not be attributed to climate change, the real effects of this crisis are seemingly …

India ink 'Financing Agreement' with World Bank for 'Nagaland Health Project'

The Government of India, the Government of Nagaland and the World Bank have signed a massive 48 million dollars credit agreement for the 'Nagaland Health Project,' which aims to improve health services across the state. The agreement for the project was signed by Raj Kumar, Joint Secretary, Department of Economic …

India bears 20% of global disease burden, senior economist of the World Bank

India, which accounts for 17.5% population of the world, bears the burden of 20% of global depredation by diseases and it also accounts for 27% of neonatal deaths in the world, every year. A senior economist of the World Bank gave the data while expressing his concern on the second …

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