World Bank

Kenya economy growth to recover 5.5% in 2018 from 4.8% in 2017-World Bank

World Bank has projected Kenya's GDP growth to recover 5.5% in 2018 up from an estimated 4.8 percent in 2017.…

Nigeria ranked 2nd largest electricity access deficit in world as 80m homes live without power

The World Bank has ranked Nigeria as the second largest country in the world after India and the first in…

Nigeria secures World Bank $486m loan for electricity transmission lines expansion

Babatunde Fashola, Nigeria's minister of power, works, and housing, said Monday that the country has secured the World Bank approved $486 million for…

Share of the world’s poor living in resource-rich countries may peak 75% in 2030

James Cust, World Bank economist, in an IMFBlog podcast says the problem of eradicating extreme poverty is going to be…

World Bank approves $486m for Nigeria’s electricity grid improvements

The World Bank Thursday approved an International Development Association (IDA) credit and an IDA scale-up facility credit in the tune…

World Bank support for Nigeria, fragile states doubles to more than $14bn

Rachid Benmessaoud, the World Bank Nigeria country director, said on Tuesday that the World Bank Group’s support to fragile states, including Nigeria through its…

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