South Africa Secures $1.5 Billion World Bank Loan to Boost Energy and Transport Infrastructure
South Africa has signed a $1.5 billion loan deal with the World Bank to address its pressing energy and infrastructure challenges.
South Africa has signed a $1.5 billion loan deal with the World Bank to address its pressing energy and infrastructure challenges.
The World Bank has revealed on Tuesday that it would cease lending money to the Ugandan government after concluding that the country’s legislation against same-sex marriage goes against the bank’s values.
Just after the World Bank pulled out technical and financial support for the ongoing Mid-Term Census, the World Bank Board has approved an International Development Association (IDA) grant of $75 million to “improve natural resources governance, enhance inclusiveness and promote sustainability of development financing.”