IFC’s new $4 bn initiative to strengthen healthcare production and supply
The initiative is largely directed toward private sector projects which comprise manufacturing of sophisticated medical devices and vaccines...
Tag : World Bank
IFC to provide $50 mn loan to Equity Bank Kenya
International Finance Corporation's portfolio in Kenya recorded $884 million as of June 30, 2020...
Brazil’s new loan facility for SMEs
by WebAdmin
SMEs are vital to strengthen the Brazilian economy which continues to be one of the worst affected countries by coronavirus in Latam...
World Bank seeks to strengthen presence in Africa
The lending amount is equal to a third of the World Bank's portfolio...
World Bank approves $425 mn infrastructure financing in Africa
This will be the first regional infrastructure financing project in Africa...
Nigeria anticipated to hit its worst recession in four decades: World Bank
The IMF and the World Bank anticipate the Nigerian economy to slip into recession impacting its lenders at a large scale...
Indonesia’s economy to contract by 1.0% in 2020: ADB
The bank also forecasts that economic growth would reach 5.3% in 2021...
UK economy to shrink by 8% in 2020: Reports
Official figures showed Britain’s economy shrank by a record 20.4% in April...
Thailand’s economy to contract by 8.9% in 2020: Experts
Productivity, confidence and consumer spending will remain low in the period ahead...
Kenya’s forex reserves reach Sh$9.26 billion
Kenya's local currency has strengthened against regional and international currencies...