Our Terms & Conditions | Our Privacy Policy
Browsing Category
International Development
World Bank approves first Ukraine aid from US loan backed by Russian assets
The World Bank’s Executive Board approved $2.05 billion in new financing for Ukraine on Wednesday, 18 December, marking the first disbursement that includes funds from a US loan backed by frozen Russian assets.
This financing is part…
World Bank and Switzerland to help Tajikistan enhance digital services and improve digital skills
14:52, todayAuthor: Asia-PlusOn Tuesday December 17, the World Bank approved a comprehensive project to enhance digital services and improve digital skills in Tajikistan, including dedicated interventions targeting rural areas.
The press…
Rachel Reeves slammed for ‘cowardly’ move that will leave millions in pension poverty | Politics |…
Chancellor Rachel Reeves has come under fire after indefinitely delaying the second phase of a crucial pensions review, a decision branded as “cowardly” by experts who warn it could leave future pensioners worse off.The move, reportedly…
Africa Investment Forum closes with $29.5bn of investor interest
This year’s Africa Investment Forum (AIF), held in Rabat, Morocco from 4th to 6th December, generated $29.5bn in new investor commitments for projects on the continent.The commitments were made after a total of $40.9bn of deals were…
ECU Health, nonprofit erase $180M in medical debt for 30,000 in Eastern Carolina
GREENVILLE, N.C. — More than $180 million in medical debt for over 30,000 people in Eastern Carolina will soon be erased, thanks to a partnership between ECU Health and the nonprofit organization Undue Medical Debt.Daniel Lempert, director…
World Bank seeks action to shield poorer nations from climate shocks
The World Bank has called for urgent, people-centred action to address the dual challenges of poverty and climate change, urging countries to prioritise investments in resilience, adaptation,…
Kenya’s External Debt Reaches Ksh5.60 Trillion Amid Rising Interest Rates
President William Ruto will continue to witness holes in his budget as high interest rates hit Kenya’s borrowing appetite. This comes as a report from the World Bank notes that Kenya’s external total debt stock stands at Ksh5.60 trillion,…
World Bank allocates first tranche from fund backed by frozen Russian assets to Ukraine
The World Bank has approved the allocation of $2.05 billion to Ukraine for financial stability, reforms and investment promotion, including from the fund generated from profits on frozen Russian assets.
This is…
MCIT’s Talaat highlights Egypt’s digital strategy with World Bank’s VP of digital transformation
Cairo – December 18, 2024: Minister of Communications and Information Technology, Amr Talaat, met with Sangboo Kim, Vice President of the World Bank for Digital Transformation, and his delegation to discuss future…
World Bank says Libyan economic loss in 10 years has reached $600 billion
A report by the World Bank said that the losses of the Libyan economy over 10 years amounted to 600 billion dollars at constant value of 2015.
The World Bank added in its report that the economic and political conditions in the country…