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Anti-LGBTQ+Bill: Ghana To Lose $3.8 Billion In World Bank Funding –...

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Ghana's Ministry of Finance has advised against the controversial anti-LGBTQ+ bill, saying it could see the West African country lose almost $3.8bn (£2.9bn) in...

Uganda: World Bank Loans Were Tempting the Corrupt – IGG Kamya

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The Inspector General of Government (IGG), Beti Olive Kamya has announced the inspectorate's stringent measures already set to crack the whip on the biting...

It is hypocrisy: Uganda responds to World Bank funding freeze

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Ugandan officials on Wednesday lampooned the World Bank and Western countries for ‘hypocrisy’, after the global lender suspended lending for projects in Uganda in...

World Bank suspends funding to Uganda over anti-gay law

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The World Bank has suspended any future funding for projects in Uganda, citing human rights violations from the recent enactment of the anti-homosexuality law. A...

Thieves threaten World Bank-funded South African coal rail project

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A World Bank Group-funded effort to increase train access to a power plant in South Africa’s coal-rich region has started to significantly backslide as...

World Bank approves $390 Million to Boost Kenya’s Digital Economy

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The World Bank Group Board of Directors has approved $390 million (about Sh 52.1 billion) in financing to support Kenya's digital economy. The funding is...

World Bank appoints Zambian as VP to a Portfolio

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The World Bank has appointed a Zambian National, Dr. Samuel Munzele Maimbo, as its Vice President for Budget, Performance Review and Strategic Planning. Dr. Maimbo...

World Bank expands Kenya loan kitty by Sh32.3 billion

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The World Bank Group has increased Kenya's loan kitty by Sh32.3 billion ($250 million) bringing the expected disbursement from its Development Policy Operations (DPO)...
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