Business

South Africa will need $500 billion to reach net zero: World Bank

Johannesburg – South Africa, one of the world’s largest greenhouse gas emitters, will require at least half-a-trillion dollars to... Read more

2 Nov

Business

Mali says World Bank lifts financial suspension

Bamako – Mali’s finance ministry said on Tuesday it had been informed by the World Bank that a suspension... Read more

21 Jul

Business

Egypt to receive $500m from World Bank to boost food security

Cairo – The world’s top wheat importer Egypt said on Wednesday it is to receive $500 million from the... Read more

30 Jun

Business

World Bank lends Tunisia $130m for grains hit by Ukraine war

Tunis – The World Bank has announced a $130-million loan to help Tunisia cover the cost of cereal imports... Read more

30 Jun

Business

World Bank approves extra $489m support package for Ukraine

Washington – The World Bank on Monday approved an additional $489-million package in support for Ukraine, to be made available... Read more

8 Mar

Business

World Bank preparing $3bn emergency aid package for Ukraine

Washington – The World Bank announced on Tuesday that it is preparing a $3 billion aid package for war-torn Ukraine,... Read more

2 Mar

Business

World Bank approves $750m loan to bolster SA’s Covid-19 recovery efforts

Cape Town – The World Bank has approved South Africa’s request for a $750 million (about R11.4 billion) development... Read more

21 Jan

World

Slow steps for Palestinian economic recovery – World Bank

Jerusalem – The Palestinian Territories’ economy is showing “signs of recovery” but still faces serious challenges including “very high unemployment... Read more

9 Nov, 2021

Business

World Bank chief in Sudan for first visit in 40 years

Khartoum – World Bank president David Malpass, in Sudan on Thursday for the first visit in nearly 40 years, praised... Read more

1 Oct, 2021

Coronavirus

Lack of vaccines in Africa ‘unacceptable’, World Bank says

Abidjan – The lack of access to vaccines in Africa is “unacceptable”, World Bank number two Axel van Trotsenburg said... Read more

15 Jul, 2021