The World Bank has clarified that the planned $10.50m financing to the Central Bank of Nigeria is a grant, not a loan. According to a source at the World Bank who spoke to our correspondent under the condition of anonymity on Friday, the amount is being provided under the Finance for Development Multi-Donor Trust Fund as…
The World Bank has approved three financing operations totalling $1.08bn to support education, nutrition, and economic resilience in Nigeria. According to a statement on the bank’s website on Wednesday, the concessional loans are aimed at improving the quality of education, building household and community resilience, and enhancing nutrition for underserved groups. The statement read, “The…
The Sèmè City Film Lab has been established in partnership with the EbonyLife Creative Academy. Sèmè City is the premier human capital development program of the Benin Republic. EbonyLife Media is the continent’s largest media conglomerate with a global reach. With financing from the World Bank, this creative film incubation initiative strives to provide young…
World Bank: Engaging in women and girls will boost their lives and reshape the global financial system Girls who gain knowledge and are motivated see the value in themselves, drive profitable economies, and improve society and all of humankind. According to the World Bank, empowering women and girls is essential to transforming economies and enhancing…
