World Bank pledges US$125m to support Rwanda’s universal electrification project

World Bank pledges US$125m to support Rwanda’s universal electrification project

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RWANDA – The World Bank has signed a $125million (Rwf112billionn) credit agreement with the government of Rwanda to support the government’s nationwide electrification project. According to New Times Rwanda, The Minister for Finance and Economic Planning, Uzziel Ndagijimana and the World Bank…

World Bank’s arm offers US$4.8m financing to boost Kenya businesses

World Bank’s arm offers US$4.8m financing to boost Kenya businesses

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KENYA – The International Finance Corporation (IFC), the financial institution of the World Bank has offered to invest US$4.8 million (Sh490 million) in technical advisory services to the Kenyan government to boost businesses. The deal is expected to help in promoting business…