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$700m World Bank water project: Stakeholders call for states’ commitment

Suleiman Adamu

Stakeholders have called on states benefitting from the $700 million World Bank-supported Sustainable Urban and Rural Water Supply, Sanitation and Hygiene (SURWASH) Programme to show political commitment for project sustainability. Minister of Water Resources, Suleiman Adamu This was the consensus among stakeholders at a virtual SURWASH public consultation meeting held on Friday, June 25, 2021. The meeting was organised by ...

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World Bank, AU agree to deploy COVID-19 vaccines for 400m Africans

World Bank

President of the World Bank, Mr David Malpass, and his senior management team comprised of Dr Axel van Trotsenburg and Dr Makhtar Diop met with the African Union’s COVID-19 Vaccine Acquisition Task Team (AVATT) to discuss modalities for a partnership that will accelerate vaccine deployment to Africa. Participants at the World Bank officials’ meeting with the African Union’s COVID-19 Vaccine ...

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COVID recovery needs $50b, say IMF, World Bank, WHO, WTO

Ngozi

The heads of the International Monetary Fund (IMF), the World Bank Group (WBG), the World Health Organisation (WHO), and the World Trade Organisation (WTO) issued a joint statement, published in newspapers around the world, outlining a $50 billion health, trade, and finance roadmap to end the COVID-19 pandemic and secure a global recovery. Mrs Ngozi Okonjo-Iweala, Director General, World Trade ...

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Gombe eyes World Bank loan to address erosion at Federal College

Federal College of Education (Technical), Gombe

Gombe State is considering taking a World Bank loan to tackle erosion at the Federal College of Education (Technical) in Gombe, the state capital. Federal College of Education (Technical), Gombe The state’s Deputy Governor, Manassah Jatau, made the declaration in Gombe on Tuesday, May 11, 2021 when a Presidential Visitation Panel, led by Prof. Kenneth Okiongbo, visited the school. Jatau ...

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Nigeria, six others top gas flaring countries – World Bank

Gas flaring

The World Bank says Russia, Iraq, Iran, the United States, Algeria, Venezuela and Nigeria remain the top seven gas flaring countries for nine years running. Gas flaring The bank said this on Wednesday, April 28, 2021 in Washington D. C.  in its gas flaring satellite data for 2020, compiled by World Bank’s Global Gas Flaring Reduction Partnership (GGFR). It added ...

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Time for world to move towards sustainable solutions, says Malpass

David R. Malpass

World Bank President, Mr David Malpass, says it is time to move toward solutions that achieve sustainable, broad-based economic growth without harming climate, degrading the environment, or putting many families in poverty. David R. Malpass, President of the World Bank Group He said this on Friday, April 9, 2021 while addressing the Development Committee at the ongoing IMF/World Bank Spring meetings in ...

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World Bank to provide COVID-19 finance to 50 countries by mid 2021

David R. Malpass

The World Bank will provide 50 countries with finance to buy COVID-19 vaccines by mid-2021, Mr David Malpass, World Bank Group President, has said. David R. Malpass, President of the World Bank Group Malpass made this known on Wednesday, April 7, 2021 in Washington D. C. during a news  conference at the ongoing 2021 Spring Meetings which began on Monday. ...

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World Bank Spring Meetings to address sovereign debt and nature crises

David R. Malpass

The World Bank Group-International Monetary Fund Spring Meetings holding virtually from April 9 to 11, 2021 will, amid the mounting sovereign debt crisis exacerbated by COVID-19 economic slowdowns, focus on how to address the sovereign debt crisis while enabling an inclusive green recovery. David R. Malpass, President of the World Bank Group The fiscal impacts of the COVID-19 pandemic have ...

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Nigeria, 18 other African countries to benefit from World Bank’s $22.5m electricity grant

Sale Mamman

Nigeria and 18 other African countries will benefit from World Bank’s $22.5 million additional financing for the Regional Off-Grid Electricity Access Project (ROGEAP) in Western and Central Africa. Minister of Power, Sale Mamman The World Bank announced this in a statement issued on Friday, March 12, 2021 in Washington D.C., adding that its board of Executive Directors had approved the ...

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Poor countries need billions for vaccination – World Bank president

David R. Malpass

Overcoming the economic consequences of the coronavirus pandemic requires international cooperation and debt reduction in poor countries, according to World Bank President David Malpass. David R. Malpass, President of the World Bank Group This is what the head of the global finance and development organisation told the Italian newspaper La Stampa ahead of an online meeting of the G20 group ...

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