Zimbabwe has started circulating a new currency to replace one that has been battered by depreciation and often outright ...

ADDIS ABABA, April 5 (Reuters) - The World Bank and Ethiopia have signed loan agreements totalling $1.72 billion to enhance electricity and water supply, as well as to facilitate the movement of ...

WASHINGTON, April 8, 2024 – The World Bank’s Board of Executive Directors approved today a $30 million financing for the Resilient Agri-food Clusters Development ... with commitments exceeding $1.1 ...

The money from Washington, which includes $5 billion to replenish Israel’s defenses and $1 billion for Gazan civilians, comes ...

The World Bank’s biannual Pakistan Development ... fiscal year when the inflation was above 30 per cent, it said. The persisting cost-of-living crisis coupled with rising transportation costs ...

So far the World ... for the bank’s critical lending arm for low-income countries. At an event yesterday, Banga said that if IDA’s donors can put together around $28 billion to $30 billion ...

Issued on April 2, the World Bank Update: Bridges to Recovery report briefly discusses how the unprecedented economic crisis that engulfed ... with many facing increased food insecurity ...

ADDIS ABABA (Reuters) - The World Bank and Ethiopia have signed loan agreements totalling $1.72 billion to enhance electricity and water supply, as well as to facilitate the movement of food to ...

The UN's humanitarian response plan for Sudan, valued at $2.7 billion, is a part of the efforts to mitigate the crisis. Additionally ... were adopted in accordance with the World Bank Operational ...

In December 2022, Ghana defaulted on most of its $30 billion foreign debt ... By end of 2023, the World Bank found 60 % of low-income countries to be in debt distress, or at high risk of it ...