
W’Bank: Naira proves more resilient than several African currencies
The World Bank reported that Nigeria's naira demonstrated greater resilience than many other African currencies during Q2 2026, despite global economic pressures.
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The World Bank reported that Nigeria's naira demonstrated greater resilience than many other African currencies during Q2 2026, despite global economic pressures.
Senegal: Bassirou Diomaye Faye meets the Managing Director of the IMF in Washington
Senegalese President Bassirou Diomaye Faye met with IMF Managing Director Kristalina Georgieva in Washington to accelerate a crucial $2.2 billion loan agreement and reassure international partners.

Nigeria's Minister of Finance, Taiwo Oyedele, criticized citizens for attacking the World Bank over loans, attributing their actions to a lack of understanding of economic systems. He used an ATM analogy to illustrate the futility of uninformed criticism.
World Bank to fund 645-metre bridge linking Bangui and Zongo
The World Bank is set to fund a 60-million-dollar project to build a 645-metre bridge across the Congo River, linking the Central African Republic's Bangui to the Democratic Republic of Congo's Zongo. The bridge aims to strengthen trade and transport links between the two…
The World Bank maintained its 2026 growth forecast for the Philippines at 3.7% and said the economy's recovery next year was likely to be slower than previously expected.

The Ministry of Social Affairs announced a delay in the transfer of the monthly dose of the 'Aman' program, citing the need for administrative and financial procedures to be completed to disburse the aid from the Lebanese state budget.

Lebanon is set to enter the digital transformation race with a $150 million loan from the World Bank. The loan will be used to support the country's digital transformation in the public sector, with a focus on building the necessary infrastructure, including data hosting,…

UK's foreign secretary Ed Miliband to take World Bank seat, focusing on development and climate issues.

The World Bank has dropped four proposed development projects for Pakistan with a combined value of about $1.128 billion. The projects include the Sindh Transformational Accelerated Rural Water Supply, Sanitation and Hygiene Services Project, the Punjab Agri Food Moderniz…
World Bank Approves Guarantee-Backed Financing Package for Argentina
The World Bank has approved a guarantee-backed financing package to help Argentina mobilize up to $2 billion in commercial loans. The package will help the country reduce its financing costs and strengthen public debt management.