Tag: World Bank
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World Bank approves $1 billion loan to Kenya
The World Bank said on Tuesday it approved a $1 billion loan to Kenya to support its budget as East Africa's economic powerhouse confronts...
African economies debt outlook remains “cloudy” – World Bank economist
The outlook for Africa's debt sustainability remains "cloudy" as low growth and high inflation challenge the stability of many economies across the continent, the...
World Bank suspends $1 bln worth of project funding in Congo
The World Bank has suspended funding for humanitarian and development projects in Democratic Republic of Congo worth more than $1 billion after the government...
China debt restructuring is at impasse, says World Bank chief
China is at an impasse in terms of restructuring debts owed to it by developing nations in distress even after the World Bank made...
Some Ghana bondholders received coupon payment of World Bank-backed bond -source
Some investors of Ghana's 2030 Eurobond have received coupon payments which had been due on April 14, a source with direct knowledge of the...
