Tag Archives: World Bank

The World Bank, through the New Erosion and Watershed Management Project (NEWMAP), has commenced work on the five gully erosion sites in some Imo State communities. Work has begun in Eziala Obizi (Ezinihitte council), Amanato, Umueshi and Ntueke (Ideato South council), and Iyiuzo Ihioma and Ogbaeru (Orlu council), among others. On its part, Governor Rochas Okorocha has released N100 million ...

The Abuja national secretariat of the Real Estate Developers of Nigeria (REDAN) hosted a team of World Bank officials on Wednesday. The World Bank team comprises of Mr. Michael Wong, Mr. Simon Walley and Mr. Andrej Popovic who flew in from the World Bank headquarters in Washington along with Mrs. Halima Zarma of the Nigeria Country office and were received ...

A new US$500 million project will improve access to homeownership and rental units for low-income households in Egypt. The Egypt Inclusive Housing Finance Program, approved by the World Bank’s Board of Directors today, will reach 4.2 million people, including an estimated 1.6 million beneficiaries living below the poverty line and generate an estimated 1.5 million temporary construction jobs over a ...

Reducing housing deficits requires a number of essential ingredients to be in place to ensure a well-functioning housing finance system. This means achieving macroeconomic stability, effective legal and regulatory infrastructure, and ensuring appropriate levels of government intervention and support. In Nigeria with its underdeveloped housing finance systems or systems that only provide access to finance for high-income households, forcing low-income ...