Tag:World Bank Group

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New trust fund to finance projects aimed at emission reduction – World Bank

The World Bank Group says it is proposing a new trust fund to help increase financial flow from the global community to projects aimed...

Michael Simire - October 14, 2022

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World Bank delivers $31.7bn aid in climate finance

World Bank Group says it has delivered a record $31.7 billion in fiscal year 2022 (FY22) to help countries address climate change. This is contained...

Michael Simire - September 8, 2022

Business

World Bank to increase assistance to Nigeria’s poor, vulnerable – Osinbajo

The World Bank Group (WBG) has expressed its readiness to help in increasing assistance to Nigeria’s poor and vulnerable. Vice President Yemi Osinbajo, in a...

Michael Simire - September 2, 2022

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World Bank harps on nature preservation for economic growth

The World Bank Group President, David Malpass, says preserving nature and maintaining its services are critical for economic growth. Malpass stated this on Friday, July...

Michael Simire - July 2, 2021

Conservation

World Bank to invest over $5bn in drylands in Africa

The World Bank plans to invest over $5 billion over the next five years to help restore degraded landscapes, improve agriculture productivity, and promote...

Michael Simire - January 14, 2021

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World Bank approves $1.5bn COVID-19 recovery, stimulus for Nigeria

The World Bank Group has approved a $1.5 billion package to help build a resilient recovery post-COVID-19 in Nigeria. This is according to a statement...

Michael Simire - December 15, 2020

Health

World Bank prepares $12bn for poor states to buy COVID-19 vaccines

The World Bank has announced a $12 billion allocation for an initiative to cover payments for coronavirus vaccines for low-income countries, The Guardian newspaper...

Michael Simire - September 30, 2020

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Coronavirus pandemic threatens gains of past decade – World Bank report

The COVID-19 pandemic threatens hard-won gains in health and education over the past decade, especially in the poorest countries, a new World Bank Group...

Michael Simire - September 17, 2020

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