Reported about 7 hours ago
The World Bank has announced a $100 billion loan facility aimed primarily at Africa, which will receive 70% of the funds. This financial assistance is intended to support the continent amidst declining aid. With a commitment to Africa evident in its projects, the World Bank's International Development Association has notably invested $290 billion over the past decade. The recent reduction in global official development assistance adds urgency to the initiative.
Source: YAHOO