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ADB Appoints Shannon Cowlin as New Country Director for Sri Lanka

Sri Lanka, Feb. 9 -- The Asian Development Bank (ADB) has appointed Shannon Cowlin as its new Country Director for Sri Lanka. She has assumed office in Colombo today. Ms. Cowlin has over 26 years of p... Read More


ADB Approves $182 Million Loan to Scale Up Flood and Erosion Management Along Brahmaputra in Assam

India, Feb. 9 -- The Asian Development Bank (ADB) has approved $182 million in additional financing to expand its support for strengthening Assam's resilience to chronic flooding and severe riverbank ... Read More


African Development Bank Group and Banque Internationale Arabe de Tunisie Sign $50 Million Trade Finance Guarantee Facility to Boost Tunisia's Trade

Tunisia, Feb. 9 -- The African Development Bank Group and the Banque Internationale Arabe de Tunisie (BIAT) have signed a $50 million Trade Finance Guarantee Facility to strengthen trade finance and s... Read More


African Development Fund approves $24.45 million grant bringing safe water and sanitation to Somali towns

Somalia, Feb. 9 -- The Board of Directors of the African Development Fund, the Bank Group's concessional window, has approved a $24.45 million grant to improve access to clean water and sanitation in ... Read More


World Bank Approves $50 Million Digital Transformation Project in Nepal

Nepal, Feb. 9 -- The World Bank's Board of Executive Directors today approved $50 million in financing to boost Nepal's digital public infrastructure and digitize public services, fundamentally changi... Read More


Signing of Record of Discussions on Technical Cooperation for Development Planning with Cambodia: Formulation of water supply plan for the tourist city housing the world heritage site of Angkor

Cambodia, Feb. 9 -- On February 6, the Japan International Cooperation Agency (JICA) signed a Record of Discussions with the Government of the Kingdom of Cambodia in Siem Reap, for "the Project for Fo... Read More


Signing of Grant Agreement with Mozambique: Contributing to the Reduction of Sediment Disasters through the Construction of Erosion Control and Drainage Facilities

Mozambique, Feb. 9 -- On February 6, the Japan International Cooperation Agency (JICA) signed a grant agreement with the Government of the Republic of Mozambique in the capital city Maputo, to provide... Read More


Signing of Grant Agreement with UNOPS for Afghanistan: Contributing to promoting community-led climate change adaptation through a partnership

Afghanistan, Feb. 9 -- On February 8, the Japan International Cooperation Agency (JICA) signed a grant agreement with the United Nations Office for Project Services (UNOPS), to provide grant aid for t... Read More


IFC and ASR Africa Expand She Wins Africa to Reach 1,000 Women Entrepreneurs, Following Strong Early Results and $4 Million Mobilised in Startup Financing

Nigeria, Feb. 9 -- IFC, a member of the World Bank Group, and Abdul Samad Rabiu Africa Initiative (ASR Africa) have announced the expansion of the She Wins Africa program, increasing its reach from 10... Read More


IFC Invests in Compartamos Banco to Boost Financial Inclusion for Micro and Small Enterprises in Peru

Peru, Feb. 9 -- With the aim of expanding access to credit for micro and small enterprises (MSEs), with a special focus on women-owned businesses, and supporting Peru's efforts to foster inclusive eco... Read More