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An international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.
News published about World Bank

Nigeria lands $126m European backing for national fibre project
TechCabal - Feb 26, 2026
Nigeria has received a $100 million investment from the European Bank for Reconstruction and Development for Project BRIDGE. The World Bank has already committed $500 million to support Nigeria's fibre-optic expansion.

African Fintech Startup HitchPay Surpasses $2 Million in Transactions as Cross-Border Payment Demand Grows
Techpoint Africa - Feb 02, 2026
HitchPay has processed more than $2 million in transactions in the last four months. The platform serves over 20,000 active customers, indicating strong early traction.

Mali’s Tech & Security Shift: How New Policies Impact Internet Access, Telecoms and Startups
Tech In Africa - Jan 27, 2026
Mali approved its National Cybersecurity Strategy 2026–2030 in December 2025 to enhance digital security. New telecom taxes introduced in 2025 include a 10% levy on mobile call recharges and internet subscriptions.

DR Congo’s €8B Digital & Infrastructure Plan: Opportunities for Telecoms, Fintech, and Tech Builders
Tech In Africa - Jan 27, 2026
The DRC plans to connect 650 new communities, providing broadband access to 30 million people and 1,000 public institutions. Training programs will upskill 250,000 youth in AI, programming, and cybersecurity.

Gates-backed Elimu-Soko opens $150,000 funding call for classroom innovations across Africa
TechCabal - Jan 20, 2026
The Teaching Innovation Lab has opened a funding call inviting innovators to design low-cost solutions for literacy teaching in African public schools. Grants of up to $150,000 are available for organizations in several African countries including Ghana, Nigeria, and Kenya.
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