IBRD is providing financing for Angola's national grid expansion, utilizing resources from the World Bank Group.

The entities involved

• International Bank for Reconstruction and Development →

  international financial institutions, sells loans to middle-income developing countries, part of the World Bank Group

  Nothing else this week.

• Angola →

  country on the west coast of Southern Africa

  • João Lourenço serves as the president of Angola, with UNITA remaining the main political rival to the ruling party.20:48
  • SADF intervened in Angola to support UNITA, coinciding with a claimed Cuban strategic victory at Cuito Cuanavale.Tue 13:00
• World Bank Group →

  group of five international organizations that make leveraged loans to developing countries

  • The World Bank's Annual Meetings in Bangkok are focusing on development in African markets.13:28
  • IMF and World Bank held joint meetings on October 20, 2026, during which they discussed Ukraine's division.Tue 09:33

Related events

• The African Development Bank and the Ministry of Planning collaborate with the government of Angola on a development review.Oct 7
• IBRD provides loan financing to Armenia to support its national housing program.Oct 12
• The government of Angola is driving national development through strategic investment, while Angolan scholars utilize international institutions for advanced study.Jun 18
• The World Bank Group is involved in financing various development projects for a country in collaboration with its government.Jul 7
• The African Development Bank is providing funding for the Lobito Corridor project, which links Zambia to Angola's coast.Oct 6