world bank loans Stories

Saudi Arabia, Qatar to settle Syria's outstanding arrears of around $15 million to World Bank
Saudi Arabia, Qatar to settle Syria's outstanding arrears of around $15 million to World Bank
Reuters  |  Apr 27, 2025

The plans would be the first known instance of Saudi Arabia providing financing for Syria since Islamist-led rebels toppled former leader Bashar al-As...

Kenya seeks Sh37.6 billion IMF funds cut citing lower financing pressures
Kenya seeks Sh37.6 billion IMF funds cut citing lower financing pressures
Amina Wako  |  Nov 05, 2024

Kenya's successful Eurobond issuance in February, which enabled it buy back a significant portion of the 2024 Eurobond, is the driving force behind th...

Museveni chides World Bank, urges audit of intentions behind loans
Museveni chides World Bank, urges audit of intentions behind loans
Amina Wako  |  Apr 30, 2024

Museveni accused the bank of emphasising profit-driven agendas and prioritising loans for seminars at the expense of Africa's development.

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