Tag Archives: World Bank

17 October 19

World Bank orders Tanzania to pay $185m to Standard Chartered

A World Bank arbitration court has ordered Tanzania to pay $185 million to Standard Chartered over the breach of an energy contract.

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26 September 19

These are the ‘richest’ countries in Africa

There are many ways to calculate the economic performance of a country but GDP tends to be the favourite metric of economic reports. In Africa, we’re used to seeing the likes of  Nigeria, South Africa, Egypt top the region’s economies
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29 August 19

Rwanda accused of manipulating poverty stats

The government of Rwanda has been accused of manipulating poverty data by London-based publication, Financial Times.

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18 July 19

World Bank contradicts Tanzania’s economic growth estimates

The World Bank says Tanzania’s economy grew by 5.2 percent in 2018, contradicting the country’s finance minister who told parliament last year that growth stood at 7 percent.

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28 May 19

Kenya asks World Bank for $750 million development loan

Keyna has requested a loan of $750 million from the World Bank to fund housing, agriculture and other development projects.

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31 October 18

World Bank: Rwanda 29th easiest country to do business in the world

Rwanda is the 29th easiest country to do business in the world, according to the World Bank’s Doing Business Report 2019, released on Wednesday.

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03 October 18

Word Bank: Kenya’s human capital in decline

Kenya’s human capital has declined over the past decade and a half, according to figures from the World Bank.

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27 September 18

Somalia secures first World Bank grant in 30 years

The World Bank has approved $80 million in grants for Somalia to fund public finance reforms – the organisation’s first disbursement to the conflict-ridden country in 30 years.

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29 August 18

Ethiopia: World Bank offers $1bn support following Abiy reforms

Ethiopian prime minister Abiy Ahmed says the World Bank will provide $1 billion in budget support for the country over the coming months, thanks to his sweeping reforms since coming into office earlier this year.

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22 April 17

World Bank names Rwanda among most resilient economies

A new report from the World Bank has named Rwanda among Africa’s most resilient economies.

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