The World Bank has approved a $200 million International Development Association (IDA) credit to support Ghana to enable the west African country create jobs and protect its poor and vulnerable population.
Mauritius has been ranked the topmost country on the continent in the latest World Bank ease of doing Business report. The country occupied the 25th position out of 190 countries.
The World Bank has said that millions of young students in low and middle-income countries mostly from Africa are not getting the best of education, a trend which could mean that they would lose on succeeding later in life.
Ghana's Commercial High Court has dismissed an application by the International Finance Corporation (IFC), the private lending arm of the World Bank Group and...
A new World Bank report released on Wednesday has called for increased private sector investment in Africa’s under-developed electricity transmission infrastructure, a vital ingredient for reaching Africa’s energy goals.
Africa lags the rest of the world when it comes to electricity, with just 35 percent of the population with access to power and a generation capacity of only 100 GW. Those who do have power typically consume relatively little, face frequent outages and pay high prices.
The World Bank has disbursed another $1 billion in financial assistance to Egypt out of its $3 billion loan programme with the country, the bank said in a statement on Monday.
Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers.
The apartments have been constructed to...
Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered.
The significant number of recoveries means the country now...
Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million.
Moyo is accused of illegally...
