The World Bank’s latest Zimbabwe Economic Update has hailed the country’s economic recovery but cautioned that persistent regulatory inefficiencies and weak transparency could stall long-term development. According to the report …
A new initiative aims to provide electricity to 300 million Africans by 2030, supported by an initial US$30 billion commitment from the World Bank and the African Development Bank. This …
The World Bank has sanctioned $1.2 billion in funding to bolster Kenya’s economic growth amid external challenges. This development policy-operation loan (DPO) aims to enhance foreign-exchange reserves in preparation for …
The World Bank has distanced itself from being the driving force behind Zimbabwe’s new currency, the Zimbabwe Gold (ZiG). Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu had claimed that …
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