Tag: World Bank

World Bank to lend $5bn to Africa

The World Bank’s investment arm will increase lending to sub-Saharan African countries by up to a quarter this year as private sector companies flock to the fast-growing region. The Vice-President, International Finance Corporation, an arm of the World Bank, Mr. Jean-Philippe Prosper, said the IFC would make new investments of […]

World Bank, FG Want Increased Finance for Women Farmers

The World Bank, in partnership with the Federal Government, has moved to enhance greater access to finance for female farmers in Nigeria. To achieve this aim, the global financial institution is organizing a Technical Dialogue on Gender and Agriculture today (May 2) in Abuja; following innovative data and research on […]

World Bank asks Nigeria to end extreme poverty

The World Bank has asked Nigeria and other developing nations across the globe to muster the political will to end extreme poverty by the year 2030. The Development Committee of the bank, which rose from its meeting on Saturday, called for the replenishment of the International Development Association Fund, the […]