World Bank Increases Lending to Sub-Saharan Africa

World Bank lending to Sub-Saharan Africa rose by 36 percent to $9.9 billion in fiscal year 2009, up from $7.3 billion in fiscal year 2008. The sharp increase, which made Africa the largest recipient of World Bank aid, is primarily attributed to the global economic crisis, according to


About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.