Friday 15th January 2021
Friday, 15th of January 2021
Home / Tag: World Bank

Tag Archives: World Bank

World Bank approves $114.28m for Nigeria to battle COVID-19


The World Bank has approved $114.28 million financing to help Nigeria prevent, detect and respond to the threat posed by COVID-19 with specific focus on state level responses.  Coronavirus According to a statement from the bank on Friday, August 7, 2020, the amount includes $100 million credit from the International Development Association (IDA) and $14.28 million grant from the Pandemic ...

Read More »

$33m hydropower scheme to end Solomon Islands diesel fuel reliance

Manasseh Sogavare

The Solomon Islands, in the heart of the Pacific, relies on expensive imported fuel for nearly 100% of its electricity. It has some of the highest energy costs in the world, and one of the lowest rates of connection in the world; just 9% of Solomon Islanders are connected to the electricity grid. Succour has however emerged with the approval ...

Read More »

World Bank announces Agritech Challenge

Makhtar Diop

The World Bank and Nest in Nairobi announced on Thursday, July 6, 2017 a call for applications for the Agritech Challenge 2017. The initiative is the first open innovation programme of its kind in Kenya. Its aim is to connect promising startups and innovators with one of the region’s leading agribusiness corporates. The challenge, which is sponsored by the World Bank, aims ...

Read More »

Fadama bags World Bank award

Makhtar Diop

The Additional Financing to the Third Fadama Development Project (Fadama III-AF) has been honoured with the Africa VPU Team Award by the World Bank. The award was announced by the Vice President for Africa of the World Bank, Makhtar Diop. It will be recalled that Fadama-II got the Award in 2007 and Fadama-III secured the same in 2014. The Africa ...

Read More »

Changing environmental trajectory to build Africa’s sustainable cities


The Nakivubo wetland, one of several large wetland systems within and around the Ugandan city of Kampala, is severely degraded. The volumes of contaminated runoff entering wetland channels from informal areas and partially treated wastewater from the overburdened sewage works have increased significantly. The city is considering rehabilitating the Nakivubo wetland, but it would cost $53 million, in addition to ...

Read More »

Government restates commitment to sustainability as proponents take stock of REDD+ readiness venture


The Federal Ministry of Environment on Wednesday, May 24, 2017 in Lafia, Nasarawa State, restated its commitment to ensuring environmental sustainability, even as it expressed concern over the growing rate of deforestation in the country. Permanent Secretary in Ministry, Dr Shehu Ahmed, who made the disclosure in a goodwill message at the Mid-Term Review (MTR) workshop for the Forest Carbon ...

Read More »

Sustainable practices help Ghana communities reverse land degradation


Farmers and communities in the Northern Savannah Zone of Ghana are being assisted to adopt sustainable land management practices to help reverse land degradation and desertification. Land degradation in Ghana – and indeed Africa – is increasingly being recognised as a key development issue because of its impact on the productive capacity of land. In Ghana, rural households are majorly ...

Read More »

Nations take stock as SAWAP/BRICKS project explores fresh opportunities


Teams from the 12 nations of the Sahel and West Africa Programme in Support of the Great Green Wall Initiative (SAWAP) are utilising the opportunity of the project’s 4th Conference holding in the Ghanaian capital city of Accra to present the success stories of their projects, as well as the lessons learnt from their experiences. The international forum, which began ...

Read More »

$177m earmarked for Nigeria under $3.5b Africa ocean economies initiative


Africa is once again at the centre of global focus, thanks to an initiative aimed at ensuring that its marine economies are climate-resilient. In the face of a changing global climate, Africa and its coastal communities that rely on the oceans for their food security and livelihoods are considered particularly vulnerable. But succour may just be around the corner, going ...

Read More »

Propertymart aligns with World Bank recommendation on addressing housing crisis

Jim Yong Kim

With a population of about 173 million people, Nigeria is the largest country in Africa and accounts for 47% of West Africa’s population. It is also the biggest oil exporter in Africa, with the largest natural gas reserves in the continent. The challenging process of implementing reforms was revitalised through a Roadmap developed in 2010, which clearly outlines the government’s ...

Read More »