World Bank

ETHIOPIA and the World Bank have inked loan agreements totalling $1.72bn aimed at bolstering crucial infrastructure projects amidst a backdrop of multifaceted challenges, the finance ministry announced on Friday. The agreements entail a substantial allocation of $523 million to amplify Ethiopia’s electricity network and bolster renewable energy generation, as outlined in the ministry’s statement. Additionally, $500 million … Read more

IN a bid to bolster its small and medium enterprises (SMEs), Kenya has launched a groundbreaking project worth $51.7 million funded by the World Bank. Rebecca Miano, the cabinet secretary in the Ministry of Investments, Trade, and Industry, made the announcement in Nairobi, detailing the Supporting Access to Finance and Enterprise Recovery project’s objectives. Miano … Read more