Tag Archives | Kreditanstalt für Wiederaufbau (KfW)

Germany, UNOPS support Anbar and Sinjar

The KfW Development Bank [Kreditanstalt für Wiederaufbau] and UNOPS signed an agreement to support the conflict-affected communities in Anbar governorate and Sinjar district in Ninewa governorate in Iraq. With a total support of 35 Million EUR from the Federal Republic of Germany, through the KfW Development Bank, UNOPS will undertake the rehabilitation of war-damaged shelters […]

Mosul Uni's Theatre Hall Reopens after IS Destruction

Mosul University's Theatre Hall Officially Reopens After ISIL Destruction The newly-rehabilitated Theatre Hall at Mosul University was officially opened yesterday by the United Nations Development Programme (UNDP), KfW Development Bank and Ninewa Governorate. The Theatre Hall, which was the biggest hall in Ninewa, was severely damaged during ISIL occupation and Mosul's liberation. It is rehabilitated […]

Germany gives another $22m to Boost Employment in Iraq

Germany Increases Support to Boost Employment Opportunities in Iraq with New EUR 18m Contribution Germany and the United Nations Development Programme (UNDP) have today signed a EUR 18.29 million agreement (US$ 21.78 million) to boost employment and economic opportunities for vulnerable communities in Iraq. The generous contribution is the second provided to the Building Resilience […]

Big Future for Small Businesses: 35+ Entrepreneurs Exhibit

Big Future for Small Businesses: Exhibition by MOLSA and UNDP Welcomes Over 35 Entrepreneurs Over 35 small businesses from across Iraq have gathered at an exhibition in Baghdad. The event was a part of the joint efforts by the Federal Ministry of Labour and Social Affairs (MOLSA) and the United Nations Development Programme (UNDP) to […]

Germany, IOM Supporting Economic Recovery in Iraq

Germany, IOM Reaffirm Partnership to Support Economic Recovery in Iraq Small and medium enterprises (SMEs), which employ roughly half of Iraq's workers, were severely impacted by the conflict with the Islamic State in Iraq and the Levant (ISIL). When the COVID-19 pandemic struck, the resulting economic slowdown undermined the gradual progress SMEs had made toward […]

IOM highlights evolving Economic Needs in Iraq

IOM assessments highlight evolving economic needs under unprecedented impacts of COVID-19 in Iraq Necessary measures to contain the spread of COVID-19 combined with volatile oil prices and a decrease in the value of the Iraqi dinar brought an end to two years of sustained economic growth in Iraq, heavily impacting individuals and communities affected by […]

Germany helps create Sustainable Employment for Iraqis

New partnership with Germany to create sustainable employment opportunities for Iraqis Germany has reaffirmed its partnership with the United Nations Development Programme (UNDP) by investing EUR 30 million (US$35.89 million) to enhance economic empowerment and create employment opportunities for vulnerable communities in Iraq. The contribution was made available by the German Federal Ministry for Economic […]

Germany supporting Vulnerable Children in Iraq

UNICEF receives 26 million from Germany to support national systems and ensure vulnerable children in Iraq receive quality basic and social protection services in Iraq The German Government, through its Development Bank, the Kreditanstalt für Wiederaufbau (KfW), has contributed 26 million Euros to UNICEF in order to help the agency in its ongoing efforts to […]