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Tag "David Malpass"

World Bank approves $723m emergency financing package for Ukraine

    World Bank approves $723m emergency financing package for Ukraine

The World Bank says it has approved a $723 million package of loans and grants for Ukraine as the country battles Russia’s invading forces. In a statement on Monday, the

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World Bank to provide $3bn aid package for Ukraine amid Russian invasion

    World Bank to provide $3bn aid package for Ukraine amid Russian invasion

The World Bank says it is preparing a $3 billion aid package for Ukraine in the face of Russia’s invasion. The bank said the funding would start with a fast-disbursing

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World Bank, AU collaborate to deploy COVID vaccines for 400m Africans

    World Bank, AU collaborate to deploy COVID vaccines for 400m Africans

The World Bank and the African Union‘s COVID-19 Africa Vaccine Acquisition Task Team (AVATT) say they will work together to deploy vaccines for 400 million Africans. The development came after

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World Bank raises Nigeria’s growth forecast to 1.8%

    World Bank raises Nigeria’s growth forecast to 1.8%

The World Bank says Nigeria’s economy is expected to expand at a moderate rate of 1.8 percent this year and edging up to 2.1 percent in 2022. The bank stated

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World Bank mulls $150bn development fund for Africa

  World Bank mulls $150bn development fund for Africa

The World Bank says it will invest $150 billion over a period of five years to boost development in Africa.

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World Bank: Nigeria will reap substantial benefits from fuel subsidy removal

  World Bank: Nigeria will reap substantial benefits from fuel subsidy removal

David Malpass, the president of the World Bank Group, says there are substantial benefits to the federal government’s decision to

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COVID-19: World Bank approves $12bn for vaccines

  COVID-19: World Bank approves $12bn for vaccines

The World Bank says it has approved $12 billion for developing countries to purchase and dispense COVID-19 vaccines, tests, and

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World Bank approves $1.9bn emergency support package for 25 countries

  World Bank approves $1.9bn emergency support package for 25 countries

The World Bank says it has received approval for emergency support operations for developing countries. In a statement on Thursday,

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World Bank warns of danger in signing non-disclosure agreements for loans

  World Bank warns of danger in signing non-disclosure agreements for loans

The World Bank has warned that countries should stop signing non-disclosure agreements while negotiating from lenders. David Malpass, the World

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Zainab Ahmed: Why we are seeking $3bn power loan from World Bank

  Zainab Ahmed: Why we are seeking $3bn power loan from World Bank

Zainab Ahmed, the minister of finance, says the $3 billion power loan being sought from the World Bank will be

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