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Revitalizing African Economies Through Private Sector Investment The economic landscape across Africa has faced significant turbulence over recent years, straining the financial reserves of numerous nations. In light of these fiscal challenges, the World Bank's recent report, published on July 16, underscores the critical need for African countries to rally private sector investments and resources. Albert Zeufack, World Bank’s Chief Economist for Africa, was quoted saying, "Mobilizing private sector investments is…

Appealing to investors to save the black rhinos is the idea of ​​the World Bank, which on March 31 will issue a $ 150 million loan in "Rhino Bonds". Investors who buy these bonds will only be paid if the goals for the growth of the black rhino population in…

Somali financial institution Salaam provides free microfinance to small companies within the capital MOGADISHU, Somalia - Salaam Somali Bank, the primary non-public financial institution, has supplied free microfinance to small companies within the nation's capital as a part of the annual grand enjoyable program to increase tradition and compete with the economic system. On Wednesday, March 23,…

In Juba, South Sudanese ministers joined the World Bank and FAO to launch a new report proposing that the country be restored on the road to development by transforming agriculture. By 2022, more than 70% of South Sudanese will need food donations to survive.…

Salaam Somali Bank gives free microfinance to small companies within the capital MOGADISHU, Somalia - Leading Salaam Somali Bank has offered free microfinance to small companies below the Qardu Hassan program which goals to uplift the nation's budding merchants. On Sunday, March 20, the financial institution's department at Suuq Ba'ad in Mogadishu offered free microfinance to dozens of males and…

Salaam Somali Bank gives free microfinance to small companies within the capital MOGADISHU, Somalia - Leading Salaam Somali Bank has supplied free microfinance to small companies underneath the Qardu Hassan program which goals to uplift the nation's budding merchants. On Sunday, March 20, the financial institution's department at Suuq Ba'ad in Mogadishu supplied free microfinance to dozens of…

Salaam Somali Bank Provides Micro Credit to Small Businesses in Mogadishu MOGADISHU, Somalia - The Salaam Somali Bank, which is a leading private bank in Somalia, continues to contribute to the country's economic growth by providing free microfinance funds to develop small businesses. On Thursday August 19, 2021, the Bank's branch in the Bakaro market provided microfinance funds called “Qardu…

World Bank approves USD 100 million for health services in Somalia MOGADISHU, Somalia -- The World Bank announced Thursday that it has approved a total of US $ 100 million to help improve health services in Somalia. The project, the World Bank's 30-year investment in Somalia's health sector, which aims to improve health services is funded by a $ 75 million grant from International Development…

Salaam Somali Bank offers free microfinance to small businesses MOGADISHU, Somalia - The Salaam Somali Bank (SSB) provided free microfinance to small businesses in the country's capital as part of the annual Grand Pleasure program designed to boost culture and rival economy. On Monday July 5, the Bank's branch at Km-5 in Mogadishu offered free microfinance to resident traders, including women,…

Salaam Somali Bank offers free microfinance to small businesses in Mogadishu The Salaam Somali Bank on Saturday provided free microfinance to traders running small businesses in Mogadishu, an initiative to boost the economy. The show called "Qardul Hassan" brought smiles to small traders who have benefited from the non-profit investment that will help them grow and expand their business. A…