International Development Association (IDA)

Company description

The International Development Association (IDA) is the part of the World Bank that helps the world’s poorest countries. Overseen by 173 shareholder nations, IDA aims to reduce poverty by providing zero to low-interest loans (called “credits”) and grants for programs that boost economic growth, reduce inequalities, and improve people’s living conditions.

Company details

City:
Washington DC
Address:
1818 H Street, NW Washington, DC 20433 USA

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • January 03, 2024

    Bids invited for 30/90 KV substation construction project in Chad

    The Project Execution Unit of the National Electricity Company (CEP SNE) has invited sealed bids from eligible and qualified contractors for the comprehensive construction of the 30/90kV substation, w...

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  • November 27, 2023

    Operation started of 25 MW Danzi solar park and battery energy storage system in Danzi village

    The Central African Republic (CAR) has inaugurated the 25 MW Danzi solar park and battery energy storage system in Danzi village, about 18km from the capital Bangui. Spanning 4 ha, this facility...

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  • August 02, 2021

    World Bank approves US$21.9 million to fund geothermal energy exploration in Saint Lucia

    The World Bank Board of Executive Directors has approved the US$21.9 million grant for the Renewable Energy Sector Development Project for Saint Lucia. This grant financing will help the Government of...

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  • January 10, 2019

    World Bank signs US$100 million financing to support solar energy in Pakistan

    The World Bank has signed a financing agreement worth US$100 million to support the deployment of solar power in Sindh, a province in the south-east of Pakistan, spanning three mar...

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  • March 12, 2018

    IFC and MIGA approve refinancing package for 250 MW hydropower project in Uganda

    The Board of Directors of the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA) have approved a refinancing package for the 250 MW Bujagali hydr...

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