Ghana receives grants from World Bank for its tourism sector development.
World Bank has approved US$40m for Ghana’s tourism sector. This grant will help improve Ghana’s tourism sector as well as make it attractive to the entire globe.
The grant will be for improving the facilities of various tourists sites … Read More
Nachtigal Hydropower Plant in Cameroon will help limit climate change.
On the 31st of January 2019, the World Bank Group via World Bank Africa tweeted; that it supports the construction of the Nachtigal Hydropower plant in Cameroon.
Derivatives from the tweet suggests that; the 420 mega watts (MW) Nachtigal Hydropower … Read More
The Construction of Namutumba Health Centre III in Uganda have begun. The project which is worth Shs500m is part of the World bank’s plan to grow the Ugandan health sector.
The Namutumba Health Centre III will have a maternity ward, children, … Read More
Egypt to unveil world’s largest solar park/farm this year.
By mid this year 2019, Egypt expects to unveil its Benban solar park; which covers a 37.2 km2 (14.4 sq mi) area and will produce more than 4TWh of power once fully operational. The park consists of 41 power plants/stations … Read More
Chad to get US$125 million developmental support from World Bank
To help support developmental projects in the Chad; World Bank have announced a US$125 million support for the Central African country.
Acoording the the Bank, the support will two frameworks. The signatories for the support agreement were Chadian minister of … Read More
World Bank outlines US$2.1 billion concessionary loan for Key projects in Nigeria.
The World Bank have approved a US$2.1bn project support loan for Nigeria. The loan is for the support of seven(7) key projects in the country. The projects includes nutrition, access to electricity, fiscal transparency of states, eradication of … Read More
Kenya government and world bank joint funds to build a road authority office complex in the state capital.
The complex which is worth US $30m is a joint funding by the Kenya government and World Bank and is currently been developed by Chinese firm-Aviation Industry Corporation of China (AVIC).
The … Read More
Second phase of Kenya’s Last Mile Connectivity Project (LMCP) begins.
Kenya’s utility company, Kenya Power, have signed 23 contracts for the implementation of the government initiative termed Last Mile Connectivity Project (LMCP), which aims to connect the entire country to the national electricity grid.
The project which is already in … Read More
Lagos Chamber of Commerce and Industry (LCCI) commends female entrepreneurs for their resilience in tax compliance.
Dr. Mrs Nike Akande, President, Lagos Chamber of Commerce and Industry, during the Chamber’s Women Group’s third annual conference themed, “Women as change agents: Towards tax compliant society,” commended female entrepreneurs for their irrepressible … Read More
World bank give loan of US $155m to WAEMU for its housing development.
West Africa economic and monetary union (WAEMU) has gotten an assistance from the world bank to help improve its housing. The west Africa regions include Benin, Burkina, Cote d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo is expected … Read More