World Bank

Chinese national Qimiao Fan has been appointed the World Bank’s new Country Director for Kenya, Uganda, Somalia, and Rwanda. His appointment took effect on September 1, 2024. Fan, a veteran …

The International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) have approved a major debt relief package for Somalia under the Heavily Indebted Poor Countries (HIPC) Initiative. …

The World Bank and the Somali government held a two-day Country Portfolio Performance Review (CPPR) this week to evaluate progress on development projects. The meeting took place as Somalia approaches …