Tag: World Bank
COVID-19: Pandemic pushes Rwandan economy into first recession
By Francis Ogwo
The harsh economic impacts of the COVID-19 pandemic have affected the economy of Rwanda as it slipped into its first recession.
This was...
World Bank commits additional $15bn to combat COVID-19
By Francis Ogwo
An additional $15 billion is expected to be spent by the World Bank by June 2021 for health and economic recovery, as...
Benin, World Bank sign $1.2 Million Tourism development deal
By Francis Ogwo
A Tourism development deal worth $1.2 million has been signed between the Republic of Benin through the Ministry of Tourism, Culture and...
Kwara to partner World Bank on $60m rural roads, markets project
By Francis Ogwo
Kwara State Government is set to partner with the World Bank for the upgrade of rural roads and markets across the 16...
World Bank pledges over $5 billion to revamp Africa’s agriculture and...
By Francis Ogwo
Plans are underway by the World Bank to commit over $5 billion in investment over the next five years to improve agriculture...
Kebbi benefits from N900m World Bank water project
By Francis Ogwo
About N900 million has been spent by the Federal Government and its Kebbi State counterpart in collaboration with the World Bank towards...
World Bank predicts 1.1% growth for Nigeria’s economy in 2021
By Francis Ogwo
Nigeria's economy is expected to grow by 1.1% with global economy likely rebounding by 4% in 2021. The World Bank predicts.
This was...
AfCFTA implementation to grow Africa’s export by $560 billion – World...
By Francis Ogwo
When the African Continental Free Trade Area (AfCFTA) is effectively implemented, it has the potential of growing Africa’s export by $560 billion...
Energy: World Bank, AfDB to fund REA projects
By Francis Ogwo
The World Bank and the African Development Bank for the development have approved funds for projects of The Rural Electrification Agency which...
COVID -19: ’20 million more Nigerians may become poor’ – World...
By Francis Ogwo
The harsh effects of the ravaging coronavirus pandemic on global economy would further deplete the standards of living of Nigerians and push...