Browsing Tag
World Bank
15 posts
World Bank Approves $33M Grant to Improve Governance and Access in Zambia’s Water Sector
The World Bank has approved a $33 million IDA grant to support Zambia’s Water Supply and Sanitation Services in Growth Centers Program. The programme aims to improve governance, operational efficiency, and service coverage in selected utilities through infrastructure upgrades, climate resilience, gender inclusion, and regulatory reforms
Zambia Launches Implementation of $292 Million Financing for Tanzania Power Interconnector
Zambia has initiated the implementation of USD 292 million in grant financing for its portion of the crucial Zambia-Tanzania Interconnector project. This development marks a significant step towards linking the Southern and East African power pools, enhancing energy security and trade.
World Bank Africa CPIA Report 2024: Zambia Strong in Trade and Business Regulatory Environment but Weak in Land Registration
The World Bank (WB) recently released its Africa Country Policy and Institutional Assessment (CPIA) report for 2024, which…
World Bank Grants USD 270 Million to Improve Transport Connectivity Between Zambia and East Africa
On 29th February 2024, the World Bank (WB) approved a grant of USD 270 million for the Transport Corridors…
FDI To Zambia Reached USD 116 Million in 2022 After Negative Values in 2021
The United Nations Conference on Trade and Development (UNCTAD) recently released its World Investment Report 2023, which focuses…
Zambia’s GDP to Grow by 3.9% in 2023 and 4.1% in 2024, WB Forecasts
The World Bank (WB) has recently released its Global Economic Prospects Report – January 2023, in which it forecasts…
WB Approves $275 Million Support to Zambia
The World Bank (WB) has approved a USD 275 million development policy operation for Zambia to support the…
Domestic Revenue Collection Essential for Zambia Growth, WB Indicate
Higher domestic revenue collections are essential to Zambia’s economic recovery if current levels of government expenditure are to…
World Bank Approve USD105.6m Credit for Zambia Environment and Agribusiness
The World Bank (WB) recently approved USD105.6m in credits for environmental remediation and agribusiness development in Zambia.
World Bank Advise Zambia to Reduce Fiscal Vulnerabilities
The World Bank (WB) estimates that Zambia has to reduce its fiscal vulnerabilities, such as large deficits and…