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February 8, 2024
The bank's Managing Director of Operations, Anna Bjerde, conveyed the bank’s commitment during a courtesy visit to the President at the Aso Rock Villa, Abuja, Thursday.
February 8, 2024
World Bank says about 85 million Nigerians lack access to electricity with many businesses and households not connected to the national grid
February 7, 2024
Nigerias finance and budget ministers and central bank governor held talks with World Bank executives in Abuja on Wednesday to discuss the West African countrys economic recovery plans and seek... -February 07, 2024 at 02:01 pm EST - MarketScreener
February 2, 2024
The World Bank on Thursday said it approved new initiatives to allow member countries hit by natural disasters and other shocks to quickly access emergency funds from their existing loan programs to... -February 01, 2024 at 06:56 pm EST - MarketScreener
February 2, 2024
The World Bank on Thursday said it approved new initiatives to allow member countries hit by natural disasters and other shocks to quickly access emergency funds from their existing loan programs to help them respond to an increasingly crisis-prone world. The enhancements to the bank's Crisis Preparedness and Response Toolkit would allow countries to immediately receive up to 10% of undisbursed funds from an existing project loan or other facility for emergency response. World Bank Managi...
February 2, 2024
The move will offer nations hit by a hurricane, earthquake or pandemic a liquidity burst that could reduce hardship.
February 2, 2024
The World Bank on Thursday announced innovative measures to provide swift financial assistance to member countries grappling with the aftermath of natural disasters and other crises. This is based on a Reuters report.
February 2, 2024
The World Bank announced a significant expansion of the use of catastrophe bonds, reinsurance and instruments such as parametric risk transfer for
December 11, 2023
He disclosed a new $15 billion programme to connect up to 100 million more Africans with reliable and affordable electricity by 2030.
December 8, 2023
The 28th UN Climate Change Conference - COP 28 – comes at the heels of the hottest year in human history. Our newest episode of The Development Podcast delves into the impact of the climate crisis and urgent solutions to address it. This episode marks the launch of our new limited series on how to create a world free of poverty on a livable planet. Over the next 5 episodes, we’ll explore critical issues affecting planet, people and prosperity. Today, we turn our attention to the planet as w...