Half of the world’s poorest countries are seeing a widening income gap with the wealthiest for the first time this century.
Browsing: World Bank
Eskom will lose a portion of the debt relief it was previously allocated after it failed to meet the attached conditions.
Rampant crime in South Africa is costing the country at least 10% of its GDP annually, a World Bank study found.
The World Bank’s board has approved a $1-billion loan to help South Africa reform its energy sector.
The World Bank is in talks about a potential $1-billion loan to help South Africa reform its energy sector.
Africa’s biggest harbour will be partly owned and operated by the Philippines’ International Container Terminal Services.
The World Bank Group’s private investment arm and guarantee agency have pledged more support for Safaricom Ethiopia.
Digital insurance start-up Naked Insurance has raised $17-million in a series-B funding round led by development finance institutions.
Eskom’s Komati coal-fired power plant has secured R9-billion from the World Bank and other funders to generate renewable energy from the site.
Eskom CEO André de Ruyter held discussions with the World Bank as it explores options for transitioning to cleaner sources of energy.