Financial and Banking News


IDA and Canada Lend $36.6mn to Sudan

The International Development Association (IDA) has agreed to provide SDR31mn ($32.6mn) in loans to Sudan for investment in two projects costing $81.8mn intended to improve the production of irrigated crops and increase the incomes of small farmers in rainfed agriculture. In addition Canada will grant $4mn to six international organizations to enable them to continue work on emergency food supplies and water...