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World Bank Pledges $200m To Repair Ukraine Energy Infrastructure

Published

3 years ago

April 12, 2023

The World Bank announced on Wednesday a grant of $200 million toward repairing Ukraine’s energy infrastructure, as officials from the war-torn country met with financial institution leaders in Washington.

Russia damaged more than 50 per cent of Ukraine’s power infrastructure in attacks on its neighbor over the autumn and winter months, the global lender said in a statement.

It noted that Ukraine’s East, where fighting was fiercest, had been particularly hard hit.

The funds were provided by the Ukraine Relief, Recovery, Reconstruction and Reform Trust Fund, with a goal of up to $300 million in additional funding from partners “as the project expands its scope,” the Bank said.

The project will target emergency repairs to electricity and heating infrastructure.

“Energy infrastructure has suffered $11 billion in damages over the last year and is one of the most critical areas where Ukraine needs urgent support,” said World Bank Managing Director of Operations, Anna Bjerde.

The World Bank has mobilised more than $23 billion in financing for Ukraine since Russia invaded in February last year, with $20 billion disbursed so far.

The announcement came just ahead of a roundtable on Ukraine at the headquarters of the International Monetary Fund, held during the crisis lender’s spring meetings.

During the event, Ukrainian President Volodymyr Zelensky thanked partners via videolink for their support and urged further backing.

“By rebuilding what has been ruined, we defeat the goal of terror, we return the normal life,” he said in English, reiterating a call for Russian assets to be put towards Ukraine’s reconstruction.

The IMF announced on March 31 that it had approved a $15.6 billion support package for Ukraine, forming the fund’s portion of a $115 billion overall support package comprised of debt relief, grants and loans by multilateral and bilateral institutions.

– ‘Victory of civility’ –

The IMF chief Kristalina Georgieva praised Ukraine’s resilience in the face of the invasion, saying at the meeting that the country’s repairs, economic activity and functioning government demonstrated “victory of civility over evil.”

However, Ukraine will need an estimated $411 billion for recovery and reconstruction according to a recent study by the World Bank, the United Nations, the European Commission and Ukraine.

The sum is an increase on the $349 billion estimated in September and is likely to only grow as the conflict continues.

The study estimated Ukraine will need $14 billion for critical expenditures in 2023.

Ukrainian Prime Minister Denys Shmygal, who attended the IMF meeting in person, urged allies to stump up the $11 billion still needed in financing.

“This is a number one priority for my country to bring people a minimum level of social and humanitarian services,” Shmygal said.

US Treasury Secretary Janet Yellen urged allies and partners to maintain economic support for Ukraine, praising Kyiv for anticorruption efforts in a country that has for years suffered endemic graft.

“Your commitment to making sure that international assistance is being used responsibly is essential,” she said.

AFP

Related Topics:#World Bank Russut Ukraine

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Headline

How Our Airstrikes Stopped Christmas Attacks In Nigeria — US Lawmaker

Published

2 days ago

December 27, 2025

Editor

Riley Moore, a member of the United States House of Representatives from West Virginia’s 2nd District, has linked the absence of Christmas attacks in Nigeria this year to US military airstrikes carried out against Islamist militants on Christmas Day.

In a post on his official X account on Saturday, Moore contrasted the situation with the past two Christmas seasons, during which he claimed Christians were killed in attacks across parts of Nigeria.

The lawmaker noted that this year’s response targeted extremist groups instead of marking another period of violence.

He added that US forces acted decisively against militants in coordination with the Nigerian government.

“For the past two Christmases, Christians have been murdered in Nigeria. This year, thanks to @POTUS, Radical Islamic Terrorists were on the receiving end of 12 Tomahawk missiles as a present.

“The successful strikes on ISIS, in coordination with the Nigerian government, are just the first step to secure the country and end the slaughter of our brothers and sisters in Christ,” Moore wrote.

US President Donald Trump said on Thursday that American forces had conducted deadly strikes against Islamic State terrorists in north-western Nigeria.

Trump, who spoke via his Truth Social platform, warned that more attacks would follow if the militants continued killing Christians, adding that the Department of War executed numerous “perfect strikes.”

Headline

U.S. Lawmaker Reacts To Nigeria, U.S. Airstrikes

Published

3 days ago

December 26, 2025

Editor

United States Congressman, Riley Moore, has stated that President Donald Trump is determined to put an end to the killing of Christians in Nigeria, warning that further action may follow if the violence persists.

Moore made the statement on Friday via his official X handle.

According to the lawmaker, the strike represents the first step in addressing what he described as the ongoing slaughter of Christians and the broader security crisis affecting Nigerians across religious and ethnic lines.

“President Trump has been clear that the killing of Christians in Nigeria must end,” he said.

He that the administration’s resolve on the matter should not be underestimated.

“As I stated at the outset: Do not test President Trump‘s resolved in this matter.

“Tonight’s strike in coordination with the Nigerian government is just the first step to ending the slaughter of Christians and the security crisis affecting all Nigerians,” he said.

He stressed that the operation signals a stronger stance by the United States in support of Nigeria’s efforts to tackle terrorism and violent extremism, noting that further measures could be taken if the situation does not improve.

Headline

US Dept Of War Shares Video Of Air Strikes In Nigeria

Published

3 days ago

December 26, 2025

Editor

A video footage of the US military air strikes in Nigeria has emerged.

The video was released by the US Department of War following its air strikes against terrorists in Sokoto.

Earlier, the US secretary of War, Pete Hegseth had confirmed that military air strikes hit terrorists in Nigerians, saying it was deadly.

Later on, the US. African Command, confirmed that it conducted the attacks described as very deadly by President Donald Trump.

Trump said he was only keeping the promise he made earlier last month to strike the terrorists he believes are killing innocent Christians.

Although described as powerful and deadly, the casualty caused by the attack is yet to be released.

Explaining further, security expert, Brant Philip, said the strikes may have been launched “from the USS Paul Ignatius, using a Tomahawk missile.”

The Nigerian government through its ministry of foreign affairs has also confirmed that the strikes were successful.

Watch video here