WORLD BANK APPROVES $150 MILLION TO IMPROVE INCOMES AND BUILD RESILIENCE IN NORTHERN MOZAMBIQUE

WORLD BANK APPROVES $150 MILLION TO IMPROVE INCOMES AND BUILD RESILIENCE IN NORTHERN MOZAMBIQUE

WASHINGTON, June 18, 2021 —In order to improve incomes and build social and economic resilience of local communities in selected rural areas of Northern Mozambique, the World Bank approved today a $150 million credit from the International Development Association (IDA)* in support of the Government of Mozambique’s Northern Mozambique Rural

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WORLD BANK TO IMPROVE CONNECTIVITY AND DEVELOP DIGITAL ECONOMY IN TOGO

WORLD BANK TO IMPROVE CONNECTIVITY AND DEVELOP DIGITAL ECONOMY IN TOGO

WASHINGTON, May 21, 2021– The World Bank has approved additional financing of $11 million from the International Development Association (IDA)* to improve connectivity in Togo and develop the country’s digital economy.

The additional financing for the West Africa Regional Communications Infrastructure Program (WARCIP) will strengthen the contribution to major

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WEBINAR: EAST ASIA-AFRICA POLICY DIALOGUE

WEBINAR: EAST ASIA-AFRICA POLICY DIALOGUE

While containment of the global Covid-19 pandemic remains an uppermost priority for countries around the world, policymakers are simultaneously pursuing ways to actively promote economic recovery and a transition to a new normal. In these efforts, Governments are exploring opportunities to strengthen intra-regional and interregional economic ties; and to share

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OUR FUTURE RESILIENCE DEPENDS ON SMART INFRASTRUCTURE INVESTMENT TODAY

OUR FUTURE RESILIENCE DEPENDS ON SMART INFRASTRUCTURE INVESTMENT TODAY

The COVID-19 pandemic has exposed critical weaknesses in today’s infrastructure systems that have cost thousands of lives and failed to shield millions more. The destructive force of climate change, visible in more frequent and severe natural disasters, highlights the urgency to better protect our communities against catastrophic losses while drastically

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IFC OPERATIONS ANALYST – TOGO

IFC OPERATIONS ANALYST – TOGO

Description

IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2020, we invested $22 billion

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ROADS AS AN ENABLER FOR FOOD SECURITY IN ETHIOPIA

ROADS AS AN ENABLER FOR FOOD SECURITY IN ETHIOPIA

Food security goes beyond ensuring a steady supply. Dependable logistics are key components necessary to move food—and production inputs—from one place to another.

In Ethiopia, a landlocked country of 110 million people with 85 percent of its population engaged in agriculture, timely access to agricultural inputs is vital.

The East

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INFRASTRUCTURE IS A CRITICAL PILLAR OF AFRICA’S COVID-19 RECOVERY

INFRASTRUCTURE IS A CRITICAL PILLAR OF AFRICA’S COVID-19 RECOVERY

Africa remains the least connected continent and only 10 of 45 tracked African countries meet the affordability standard for internet, as recommended by the United Nations Broadband Commission.

It will, therefore, be crucial for governments, the private sector, and other partners to work together to build digital infrastructure, advance digital

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DAR-ISAKA RAILWAY CONSTRUCTION AT FINAL STAGE IN TANZANIA

DAR-ISAKA RAILWAY CONSTRUCTION AT FINAL STAGE IN TANZANIA

The construction of Dar es Salaam- Isaka railway is at it final stage according to the nation Minister for Works, Transport and Communications, Engineer Isack Kamwelwe.

Speaking during the commissioning of one locomotive among the seven locomotives that are being repaired at Morogoro’s state-of-the-art workshop, he noted that the project

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KENYA SECURE US$746.8MILLION FOR ISIOLO-MANDERA ROAD UPGRADE

KENYA SECURE US$746.8MILLION FOR ISIOLO-MANDERA ROAD UPGRADE

Kenya Government has secure a loan worth US$746.8m(Sh81billion) from the World Bank for the upgrading of Isiolo-Mandera road.

The 750-kilometre Isiolo-Mandera road is aimed at improving the movement of people and goods, digital connectivity and access to social services for over 3.2 million people living in the North-Eastern region where

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EDUCATION INFRASTRUCTURE: WHY IT MATTERS

EDUCATION INFRASTRUCTURE: WHY IT MATTERS

Education as we know is the focal point for development during every individual life. It is one fundamental aspect that should never be ignored by government of EVERY nation.

SO WHAT IS EDUCATION INFRASTRUCTURE?

Education infrastructure are crucial elements of learning environments in schools and university. High-quality infrastructure enable a

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WORLD BANK SUPPORTING RWANDA DEGRADED WETLANDS

WORLD BANK SUPPORTING RWANDA DEGRADED WETLANDS

Rwanda secure funds from World Bank for degraded wetlands improvement.

World Bank will help restore degraded wetlands of Rwanda state capital Kigali. This state was made public by the Rwanda Environment Management Authority (REMA).

According to REMA, the fund from World Bank will help restore Gikondo Industrial Zone which has

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WORLD BANK TO INVEST US$300M INTO GHANA COCOA INDUSTRY

WORLD BANK TO INVEST US$300M INTO GHANA COCOA INDUSTRY

World Bank making plans to invest in Ghana Cocoa industry.

Cocoa is Ghana chief agricultural export and cash crop. This is why the World Bank is investing fund to help shore up production of the crop over the next five years.

The project which is under the Cocoa Sector Value …

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WORLD BANK ANNOUNCE NEW DIRECTOR FOR THREE AFRICA COUNTRIES

WORLD BANK ANNOUNCE NEW DIRECTOR FOR THREE AFRICA COUNTRIES

World Bank announce Pierre Frank Laporte as new country director for Ghana, Liberia and Sierra leone.

Pierre Frank Laporte is the new country director for Ghana, Liberia and Sierra leone. According to the release, Pierre Frank Laporte who is from Seychelles, will be based in the World Bank’s Accra Office. …

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HISTORIC DECISION FOR OIL PRICES IN MADAGASCAR

HISTORIC DECISION FOR OIL PRICES IN MADAGASCAR

Africa’s Young President negotiates lower oil prices in Madagascar. 

President Andry Rajoelina discusses with oil industry representatives to lower the market price of petroleum products. These discussion border around the need for a more affordable price that will be favourable for the economy. The Malagasy household depend on petroleum products

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KENYA REQUEST US$750M FROM WORLD BANK FOR DEVELOPMENT

KENYA REQUEST US$750M FROM WORLD BANK FOR DEVELOPMENT

Kenya Government request US$750million from World Bank for infrastructural developments

Kenya Government has ask for fund from the world bank for development of different infrastructure. The fund will be use to provide affordable housing, agriculture and other projects. The request is worth US$750million.

The request is the first time in …

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