World Bank

Egypt secured additional World Bank and Gulf financing in 2024 to support infrastructure, energy projects, and ease foreign exchange gaps.

The World Bank projects Africa could increase intra-continental services trade by 60-64% by 2035 through deeper sector liberalization.

Rwanda secured $190 million in a World Bank-backed 15-year dual-currency loan, marking its first yen-denominated borrowing for budget support.

SAFTU and Cry of the Xcluded rejected the World Bank's $1.5 billion loan to South Africa, calling it a "dangerous Trojan Horse package."

Egypt secures additional World Bank funding to upgrade Suez Canal logistics, enhancing trade capacity and boosting dollar earnings.

Ghana reached a debt restructuring agreement with G20 creditors to restore fiscal stability and access $300 million in international budget support.

Kenya requested emergency funding from the World Bank to address fuel price shocks caused by the Iran war, Central Bank Governor Kamau Thugge said.