World Bank News Monitoring

World Bank approves extra $65m for Nigeria’s SPESSE

The World Bank has approved an additional $65 million loan for Nigeria to support the Sustainable Procurement, Environmental, and Social Standards Enhancement (SPESSE) project, increasing the total financing for the initiative to $145 million. The approval …

Ghana Fuel Levy Debate Intensifies Amid Energy Sector Debt Crisis

A new GHC1 per litre petroleum levy takes effect July 16, 2025, following parliamentary approval of amendments to the Energy Sector Levies Act. The Ghana Revenue Authority confirmed the levy aims to address the energy sector’s GHC3 billion debt burden. …

Nigeria-Saint Lucia Bilateral Relations under PBAT: The Strategic Autonomy Components

Bola A. Akinterinwa  Saint Lucia is an Eastern Caribbean island nation, located in the northeast of the island of Saint Vincent, northwest of Barbados and south of Martinique. It had a population of only 179,285 people as of 2023 according to the World …

Japan supports Syria’s emergency electricity project at World Bank Meeting

Damascus, SANA-Japan has announced that it voted in favor of the Syria Emergency Electricity Access Project (SEEP) during a World Bank Board of Directors meeting, in support of Syria and its people. In a statement posted Wednesday on “X,” platform the …

World Bank approves $65m loan for Nigeria’s SPESSE project

The World Bank has approved an additional $65 million loan for Nigeria under the Sustainable Procurement, Environmental, and Social Standards Enhancement (SPESSE) project, raising total project financing to $145 million. According to information obtained …

World Bank Approves $360m For Economic Development

  The World Bank Board of Executive Directors, approved $360 million from the International Development Association for the Second Resilient Recovery Development Policy Financing operation in Ghana. The operation is part of a broader World Bank engagement …

Hard-term World Bank lending window beckoning Bangladesh

STEM sells

In India, we hold a place of reverence for those who study STEM subjects (science, technology, engineering, maths). These drive people upwards, through social and financial hierarchies, sometimes enabling people to break through caste. We all know about …

World Bank Hails Côte d’Ivoire’s Management of US$5 Billion Portfolio

World Bank officials expressed strong approval for Côte d’Ivoire’s handling of its $5 billion project portfolio following high-level talks in Abidjan. Ousmane Diagana, World Bank Regional Vice President for Western and Central Africa, commended the country …

Ghana Approves US$360 Million World Bank Economic Support Facility

Ghana’s Parliament has authorized a $360 million financing agreement with the World Bank’s International Development Association (IDA), aimed at bolstering economic recovery and macroeconomic stability. The approval followed a Finance Committee …

Parliament approves $360m World Bank facility to boost economic recovery

Parliament has approved a $360 million financing agreement between the Government of Ghana and the International Development Association (IDA) of the World Bank under the Second Resilient Recovery Development Policy Financing initiative. The facility, …

$360m World Bank facility: Oppong Nkrumah tells govt to ensure transparency in utilisation

Member of Parliament for Ofoase Ayirebi, Kojo Oppong Nkrumah has told the government to ensure that the approved $360 million financing agreement is used for its planned purposes. He urged the government to ensure transparency in the utilisation. In …

World Bank delegation inspects Saraswati River and recharge system in Haryana

Ferozepur police have intensified their anti-drug campaign, arresting five traffickers in three separate operations. Authorities seized 1.774 kg of heroin and 400 grams of ICE (crystal meth), along with vehicles and mobile phones. The arrests highlight a …

Japanese loan rate hits record 2%, still remains cheaper than others

Highlights: Bangladesh to pay 2% interest for Japanese rail project loan Japan's loan interest rates for Bangladesh rising steadily since FY26 Consultancy loan rates also increasing, reaching 0.65% this year Japanese loans still cheaper than World Bank …

Zambia’s economic outlook improving – World Bank

WORLD Bank Country Manager for Zambia Dr Achim Fock says the country’s economic outlook is improving with robust momentum in the mining sector, and a rebound in agriculture, among others. Speaking during the Launch of the Zambia Economic Update, Tuesday, …

World Bank steps up climate action in Türkiye

WASHINGTON The World Bank has approved a Guarantee in the amount of 360 million euros ($389.5 million equivalent) for the "Financing Adaptation for Growth Project" in Türkiye. This project aims at enhancing firm resilience and adaptation to the …

Parliament okays $360 million World Bank support for 2025 budget

A $360 million financing deal for the Second Resilient Recovery Development Policy Financing between the government and the World Bank's International Development Association (IDA) has been approved by parliament. On Tuesday, Thomas Nyarko Ampem, the …

Ukraine, World Bank discuss joint projects

Ukrainian Prime Minister Denys Shmyhal and President of the World Bank Group Ajay Banga have discussed joint projects. The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal on Telegram, an Ukrinform correspondent reports. At a meeting, …

Kabul On Course To Be World's First Capital To Run Out Of Water

Kabul could become the world’s first capital to run out of water completely, experts say, blaming the crisis on rapid population growth, climate change, and mismanagement. The Afghan capital’s groundwater levels have plummeted by up to 30 meters in the …

Techamana Expands Operations to Meet Surging Demand for Remote Tech Talent

Techamana adds 46 new skill areas and expands globally to streamline hiring for software, artificial intelligence, design, & other critical remote tech roles. PHILADELPHIA, PA, UNITED STATES, July 6, 2025 /⁨EINPresswire.com⁩/ -- Techamana, a …

Perfumes personalizados: la propuesta de Esenssi para marcas e influencers

Todos los productos están elaborados sin testeo en animales, y se garantiza una entrega ágil en 24/48 horas. MADRID, SPAIN, July 6, 2025 /⁨EINPresswire.com⁩/ -- Esenssi, empresa especializada en la creación, fabricación y distribución de perfumes y líneas …

Waanee.ai Joins Salesforce Startup Community, Ushering New Era in Conversational & Talent Intelligence

Waanee.ai Nominated as a Salesforce.com Startup Community Member, Ushering in a New Era of Conversational and Talent Intelligence for CRM Enterprises NORTH CAROLINA, NC, UNITED STATES, July 5, 2025 /⁨EINPresswire.com⁩/ -- Waanee.ai, a next-generation Gen …

ShopAppliances.com Launches Explosive 4th of July Savings Event

Exclusive bundle deals, and manufacturer rebates across washers, dryers, refrigerators, ranges, and more⁠—just in time for summer upgrades and festive grilling. NEW YORK, NY, UNITED STATES, July 5, 2025 /⁨EINPresswire.com⁩/ -- ShopAppliances.com, …

Secro and IQAX Connect Through GSBN to Enable Cross-Platform eBL Interoperability

Driving Seamless Collaboration Across Platforms Through Trusted, Legally-Robust eBL Interoperability CHARLESTON, SC, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- The global supply chain is an intricate and highly fragmented ecosystem, …

IBN Technologies Hedge Fund Middle and Back-Office Operations with Smart, Scalable Outsourcing

IBN Technologies enhances fund middle and back-office services with scalable outsourcing, delivering accuracy, efficiency, and regulatory compliance. MIAMI, FL, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- As global hedge funds navigate …

K3 Holdings and Alpine LA Properties Celebrate Independence Day

Investing in Affordable Housing and Standing with Immigrant Families - Real Estate Leaders Prioritize Stability, Security, & Community as Foundations of Freedom LOS ANGELES, CA, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- K3 Holdings, a …

Market Calm Masks Trade Shock Risk: EBC Financial Group Warns Ahead of July 9 Deadline

With volatility near four-month lows and risk-on flows accelerating, traders may be underpricing disruptive global trade policy shifts DC, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- As the July 9 expiration of President Trump’s 90-day …

Market Calm Masks Trade Shock Risk: EBC Financial Group Warns Ahead of July 9 Deadline

With volatility near four-month lows and risk-on flows accelerating, traders may be underpricing disruptive global trade policy shifts DC, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- As the July 9 expiration of President Trump’s 90-day …

Market Calm Masks Trade Shock Risk: EBC Financial Group Warns Ahead of July 9 Deadline

With volatility near four-month lows and risk-on flows accelerating, traders may be underpricing disruptive global trade policy shifts DC, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- As the July 9 expiration of President Trump’s 90-day …

EBC Financial Group Sees Shift in Investor Sentiment as Above-Expectation 147,000 Non-Farm Payrolls Reprice Markets

Markets slash odds of a July rate cut to 4.7%, driving a broad repricing in FX and gold. DC, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- The latest US Non-Farm Payrolls (NFP) data, released on 3 July, delivered an unexpected jolt to global …

Omnigence Asset Management Launches Fundserv Access, Expands Advisor Reach Across Canada

CALGARY, ALBERTA, CANADA, July 4, 2025 /⁨EINPresswire.com⁩/ -- Omnigence Asset Management, a Canadian-based alternative investment platform, is pleased to announce that multiple funds on its platform are now accessible via Fundserv, Canada’s …

New Industry Data Proves Vacation Ownership to be a Powerful Inflation Hedge

Consumers Can Lock In Tomorrow’s Vacations at Today’s Prices MYRTLE BEACH, SC, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- With travel costs continuing to rise year-over-year, more vacationers are turning to vacation ownership as a way to …

Obyte City initial sale completes, generous referral rewards begin

Obyte City initial sale has completed. Now plots in the Obyte City are sold only for CITY, and referrers can earn 10% of what their referrals spend. VADUZ, LIECHTENSTEIN, July 4, 2025 /⁨EINPresswire.com⁩/ -- The first chapter of Obyte City has …

EBC Financial Group Sees Shift in Investor Sentiment as Above-Expectation 147,000 Non-Farm Payrolls Reprice Markets

Markets slash odds of a July rate cut to 4.7%, driving a broad repricing in FX and gold. DC, UNITED STATES, July 4, 2025 /⁨EINPresswire.com⁩/ -- The latest US Non-Farm Payrolls (NFP) data, released on 3 July, delivered an unexpected jolt to global …

AllScale Raises $1.5M to Empower Small Businesses with Accessible, Compliant Stablecoin Solutions

HONG KONG, July 4, 2025 /⁨EINPresswire.com⁩/ -- AllScale, a financial technology startup building stablecoin solutions for small and medium-sized businesses (SMBs), has announced the closing of a $1.5 million funding round to accelerate the …

Freedom Takes Flight as PAL Celebrates with Independence Day Travel Deals

SAN FRANCISCO, CA, UNITED STATES, July 3, 2025 /⁨EINPresswire.com⁩/ -- Philippine Airlines (PAL) held one of its biggest treats for passengers in celebration of the Philippines’ 127th Independence Day. Experience the powdery white sand beaches and …

Đóng cửa mỏ Raja Ampat nêu bật vai trò ESG và lo ngại chính sách trong thị trường Niken - Báo cáo EBC Financial Group

Khi Indonesia đóng cửa khai thác tại khu bảo tồn Raja Ampat, EBC Financial Group chỉ ra thị trường Niken đang đối mặt với sự bất ổn gia tăng. INDONESIA, July 4, 2025 /⁨EINPresswire.com⁩/ -- Trong khi các nhà hoạt động môi trường phần lớn hoan …

อินโดนีเซียสั่งปิดเหมือง Raja Ampat เขย่าตลาดนิกเกิล EBC ชี้กระทบ ESG นโยบายทั่วโลก

EBC Financial Group ชี้การเดินหน้าปิดเหมืองในพื้นที่อนุรักษ์ Raja Ampat ของอินโดนีเซีย เพิ่มความไม่แน่นอนในตลาดนิกเกิลทั่วโลก INDONESIA, July 4, 2025 /⁨EINPresswire.com⁩/ -- …

Freedom Takes Flight with PAL's Independence Day Travel Deals

PERTH, AUSTRALIA, July 4, 2025 /⁨EINPresswire.com⁩/ -- Philippine Airlines (PAL) had launched one of the most-awaited travel deals of the year in celebration of the Philippines’ 127th Independence Day. PAL’s Independence Day Seat Sale included …