World Bank

World Bank approves USD 100 million for health services in Somalia MOGADISHU, Somalia -- The World Bank announced Thursday that it has approved a total of US $ 100 million to help improve health services in Somalia. The project, the World Bank's 30-year investment in Somalia's health sector, which aims to improve health services is funded by a $ 75 million grant from International Development…

Somalia: Hirshabelle state hits FGS again over lack of donor funds MOGADISHU, Somalia - Somalia's regional state of Hirshabelle has accused the federal authorities of performing on "self-defense" to distort information about lack of donor funds, which ought to alleviate floods and droughts in a number of components of the nation At the least $ 135 million was despatched to Somalia primarily by…

France will assist Sudan, closely indebted and dedicated to a democratic transition, settle its money owed with the Worldwide Financial Fund (IMF) by lending $ 1.5 billion, Financial system Minister Bruno Le Maire introduced on Monday, Could 17. France will work to "free Sudan from its debt burden as quickly as doable", says…

In the Central African Republic, the World Bank released its annual report on Monday, November 30. In 2019, growth slowed slightly to 3.1%, but remained good compared with the countries in the region. However, the outlook for 2020 is much worse ... The World Bank predicts zero or even negative growth of up to 1.2% for 2020. as…

The International Monetary Fund held a virtual meeting on Friday, October 9, on the impact of coronavirus in Africa in the presence of its CEO Kristalina Georgieva. According to the latter, economic support released in recent months is significant, but it remains insufficient to help the continent emerge from the crisis. According to the IMF chief executive, the institution has already released nearly $ 26 billion this year. This is ten times more than what the IMF releases on average each year for loans. But the needs…

They are two candidates for the head of the organization: a Korean, Yoo Myung-hee, and a Nigerian, Ngozi Okonjo-Iweala. Portrait of the latter carrying hope on the African continent. as reported from Lagos, Liza FabbianShe is the first woman to have held the positionMinister of Finance in her country she has been twice. Ngozi…