Tag Archives: World Bank

AfCFTA: World Bank Sees Nigeria’s Income Grow by Only 4%

Nigeria and South Africa, the two largest economies in Africa will see their income grow by only 4 per cent from the African Continental Free Trade Area, the World Bank says in its recent “The African Continental Free Trade Area: Economic and Distributional Effects” report. The report found that Côte …

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Niger Secures $100mn World Bank Grant for Digital Migration

World Banks’ International Development Association (IDA) approved the disbursement of $100 million (CFA57.8 billion) to help Niger accelerate its digital transformation. According to a statement issued by the institution, this support -which composed equally of a loan and a grant- will be invested in a program to modernize the economy and …

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Rwanda Secures $160mn Grant for Job Creation

Rwanda will benefit from $160 million jointly granted by the World Bank and the European Union. The related deals were signed on Wednesday and target a skill development program in various activity sectors. $11 million will come from the EU, within the framework of a financing of $520 million agreed by the …

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