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EBRD to open its first office in Nigeria during Vice President's visit

Nigeria, July 1 -- Matteo Patrone, Vice President for Banking at the European Bank for Reconstruction and Development (EBRD), is visiting Nigeria from 1 to 3 July to open the Bank's first office in La... Read More


EBRD provides US$ 50 million loan to KMF Bank

Kazakhstan, July 1 -- The European Bank for Reconstruction and Development (EBRD) is deepening cooperation with Kazakhstan's KMF Bank by providing a financing package of up to US$ 50 million (€4... Read More


EBRD supports Besler's facility upgrades and inclusion projects

Turkey, July 1 -- The European Bank for Reconstruction and Development (EBRD) is lending €25 million to Besler G?da ve Kimya Sanayi ve Ticaret, a food processing company in Turkiye, to support i... Read More


World Bank Approves US$700 Million in Financing to Boost Private Investment and Jobs in Jordan

Jordan, July 1 -- The World Bank's Board of Executive Directors approved a US$700 million loan to assist Jordan in turning economic stability into stronger private investment and more and better jobs.... Read More


World Bank Provides Additional Financing to Support Earthquake Recovery and Resilient Housing in Turkiye

Turkey, July 1 -- The World Bank approved a €250 million additional loan to the Republic of Turkiye to scale up recovery and reconstruction efforts following the February 2023 earthquakes, focus... Read More


World Bank Backs Sri Lanka's Reform Agenda with US$150 Million to Drive Growth and Resilience

Sri Lanka, July 1 -- The World Bank's Board of Executive Directors approved US$150 million in financing to support Sri Lanka's reform agenda aimed at boosting investment, strengthening competitiveness... Read More


World Bank Group and Morocco Partner to Unlock the Power of Next-Generation Hydropower

Morocco, July 1 -- The World Bank Board of Directors today approved $265 million to support the Ifahsa Pumped Hydropower Storage Project in Morocco, a major clean energy infrastructure investment in n... Read More


Tajikistan Invests in Water Conservation and Energy Efficiency with World Bank Support

Tajikistan, July 1 -- The World Bank's Board of Executive Directors approved a major project to modernize Tajikistan's water and irrigation systems and support ongoing reforms, bringing improved irrig... Read More


Tajikistan Accelerates Economic Reforms with World Bank Support

Tajikistan, July 1 -- The World Bank's Board of Executive Directors approved a $100?million grant from the International Development Association (IDA) to support foundational economic reforms, includi... Read More


Ariel Yepez appointed World Bank Director for Bolivia, Chile, Colombia, Ecuador, Peru, and Venezuela

United States, July 1 -- The World Bank announced the appointment of Ariel Yepez as Director of the new Andean Countries Division, effective July 1, 2026. In this position, Mr. Yepez will lead the Ban... Read More