The World Bank and the Nigerian government are planning another $17 billion loan for poverty reduction through various social ...

An Ethiopian‑born American, Ethiopis Tafara has taken charge of the World Bank’s private‑sector arm on the continent.

The World Bank said on Wednesday it had approved a total of $1.08 billion in concessional financing for Nigeria to enhance education quality, build household and community resilience, and improve ...

A new World Bank report shows that poverty in Africa may be lower than current estimates suggest and no systematic increase in inequality, given the available data Challenges remain substantial: more ...

Africa's demographic advantage is no longer theoretical. The world is watching. Nigeria is ready to step into its role -- not as a recipient of aid, but as a co-architect of global growth.Africa doesn ...

(Bloomberg) -- South Africa, with the help of the World Bank, has a $3 billion plan to reverse the decline in services and infrastructure in eight of its biggest cities. It will use a $1 billion ...

South Africa, with the help of the World Bank, has a R55 billion plan to reverse the decline in services and infrastructure in eight of its biggest cities. It will use a $1 billion loan from the ...

Zambia will resume construction of a power line linking it to East Africa, creating one of the largest energy markets in the world, a senior World Bank official said on Friday.

South Africa, with the help of the World Bank, has a $3 billion (R55 billion) plan to reverse the decline in services and infrastructure in eight of its biggest cities. It will use a $1 billion loan ...

Most power utilities in West Africa are not financially sustainable. Several interrelated factors cause these performance issues, but dependence on liquid fuels, poor governance, insufficient use of ...

South Africa, with the World Bank's help, has a R55-billion plan to reverse the decline of eight of its biggest cities.