Financial and Banking News


IDA Lends $6mn to Sudan 

The International Development Association (IDA), the soft loan affiliate of the World Bank, has granted a credit of SDR5.5mn ($5.5mn) to Sudan to finance the establishment of a Livestock Route Company that will install water holes and establish veterinary services along two important stock routes from the west to the center of the country. The total cost of the project is $20mn, with the Government of Sudan providing...