The World Bank has suspended its funding to Gabon once again due to payment arrears from its earlier loans. Gabon’s Ministry of Public Accounts said in a January 10th statement that the country had accrued debt arrears of $26.7 million (17 billion CFA Francs) . The latest suspension follows that of June on unpaid bills…....
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World Bank suspends disbursements to Gabon on $27 million loan arrears
Brice Oligui Nguema © AFP
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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