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Tag : World Bank

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US slaps sanctions on Zimbabwean tycoon

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The US on Wednesday imposed sanctions against a business tycoon with close links to Zimbabwean President Emmerson Mnangagwa and former leader Robert Mugabe for allegedly...
African News

South Sudan weighs costs of keeping schools shut

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Authorities in South Sudan are facing the dilemma of whether to keep schools shut in the fight against Covid-19 or re-open them and save children...
African News

South Africa will not have universal basic income grant this year – minister

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South Africa will not implement a universal basic income grant until at least March, Social Development Minister Lindiwe Zulu said in an interview on Friday,...
African News

World Bank approves $150 million to boost secondary education in rural Uganda

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ABS-CBN World Bank has approved a $150 million project aimed at boosting secondary education in rural Uganda. The international lender, in a statement, issued late...
Business Finance

DBN: Credit Gurantee a tool for increased access to finance for MSMEs

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File Photo Current realities in Nigeria including the Covid19 Pandemic has brought to light the urgent need for additional support in alleviating the financial constraints...
African News

World Bank gives Kenya $43 million more for fight against coronavirus

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The World Bank has released a second tranche of Sh4.6 billion ($43 million) for counties to use in strengthening devolution as they race against time...
Business Finance

MAN welcomes CBN’s unification of exchange rates

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The Manufacturers Association of Nigeria (MAN) says the unification of the country’s exchange rate is a welcome development that will engender increased investment inflow in...
African News

Sudan to introduce direct cash payments to its neediest citizens

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Sudan will begin rolling out an experimental programme of direct cash transfers to its neediest citizens next week as it tries to wean the country...