The World Bank Group is targeting US$5.79 billion in private financing for Nigeria in fiscal year 2026, with investments spanning agriculture, small businesses and digital infrastructure aimed at strengthening economic growth and supporting employment. The initiative brings together the World Bank, the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), using policy ...

Women farmers across Sub-Saharan Africa could help generate billions of dollars in additional agricultural output if longstanding inequalities limiting their productivity are addressed, according to a new World Bank report. The study, conducted by the World Bank’s Africa Gender Innovation Lab and Development Research Group, examined data from 23 nationally representative surveys across 12 African ...

IFAD Partners With Government of Ghana and World Bank to Transform Agri-food Systems Through AgriConnect Compact. Accra, 4 June 2026. At today’s launch of the Ghana AgriConnect Compact, the International Fund for Agricultural Development (IFAD) reaffirmed its commitment to partner with the Government of Ghana, the World Bank, and other development partners to accelerate the ...

The World Bank has approved a $500 million concessional loan to support Nigeria’s agricultural transformation, targeting up to one million smallholder farmers and agribusinesses. The funding is expected to play a critical role in addressing food insecurity, improving productivity, and unlocking private sector investment in one of Africa’s largest agricultural economies. The financing, provided through ...

By Brandon Moss The Rockefeller Foundation and the World Bank have announced a major multi-million-dollar initiative aimed at accelerating the use of solar energy across Africa’s agricultural sector, with a focus on improving productivity, reducing post-harvest losses, and expanding access to reliable power in rural areas. The programme will initially roll out across Kenya, Nigeria, ...

The World Bank has warned that the scheduled expiration of the United States’ African Growth and Opportunity Act (AGOA) in late 2025 could significantly threaten African exports, potentially undermining economic growth across several Sub-Saharan African economies at a time when the region’s recovery remains fragile. In its latest Global Economic Prospects report, the World Bank ...

By Brandon Moss In a strategic move to strengthen livestock productivity and rural livelihoods, the government of Yobe State in northeastern Nigeria has pledged ₦80 million (approximately USD 52,000) as its counterpart funding for the Livestock Productivity and Resilience Support Project (L-PRES), a multi-year initiative running through 2026. The announcement was made by Adama Madaki, ...

While Zambia’s economy is still recovering from the COVID-19 pandemic and a previous recession, a new Country Economic Monitor (CEM) report shows pathways that can support the country’s productivity to enhance economic transformation, create better jobs, and deliver sustained and inclusive growth. The new CEM, launched today, titled Unlocking Productivity and Economic Transformation for Better ...