Tag Archives | Kreditanstalt für Wiederaufbau (KfW)

EUR 40m Credit Guarantee Fund to Boost SMEs in Iraq

By John Lee. The International Labour Organization (ILO) has launched the Credit Guarantee Fund to empower small and medium enterprises (SMEs) in Iraq. The scheme is a partnership with the Ministry of Labour and Social Affairs (MoLSA), with funding from the German Ministry for Economic Cooperation and Development (BMZ) through the German Development Bank (Kreditanstalt […]

Supporting Displaced Iraqis with Loans and Training

By John Lee. Central Bank of Iraq (CBI), in cooperation with the International Labour Organization (ILO), the Iraqi Company for Bank Guarantees (ICBG), and several Iraqi banks, has provided significant financial and training support to displaced persons and host communities in Nineveh and Duhok governorates under the Afaaq programme. The initiative has since been replicated […]

Iraq and Germany Discuss Proposed Development

By John Lee. Iraq's Ministry of Planning held discussions with representatives of the German Agency for International Cooperation (Deutsche Gesellschaft für Internationale Zusammenarbeit; GIZ) in Iraq to explore cooperation and developmental transformation. Key areas of focus included a joint international cooperation agreement, the establishment of offices for the German Development Bank (Kreditanstalt für Wiederaufbau; KfW) […]

Iraq launches Digital Registration of Births

By John Lee. Iraq's Digital Civil Registration and Vital Statistics (CRVS) for Birth Registration has been officially launched. Spearheaded by the Ministry of Health in collaboration with UNICEF, this initiative marks a transformative shift from traditional paper-based systems to a robust digital platform, according to a press release. "The digital CRVS system aims to ensure […]

Germany, UNOPS Rehabilitate Iraqi Infrastructure

The KfW Development Bank and UNOPS signed a new agreement to support the conflict-affected communities and to enhance their access to basic public services in Anbar and Sinjar, Iraq. With the support from the Federal Republic of Germany, through KfW Development Bank, UNOPS will rehabilitate war-damaged shelters and basic community infrastructure such as water and […]

ITC hosts Iraq National Trade Forum

By John Lee. With support from the government of Iraq, the International Trade Centre (ITC), a joint agency of the United Nations (UN) and the World Trade Organization (WTO), organized a two-day trade forum to help Iraqi businesses to identify and develop trade opportunities. The Forum was funded by the European Union (EU). According to […]

IOM, Germany supporting SMEs in Iraq

By John Lee. The International Organization for Migration (IOM) and the Government of Germany, through the KfW Development Bank, have launched the sixth phase of their ongoing partnership, aiming to create 1,100 new jobs in small and medium-sized enterprises (SMEs) in Iraq, via its Enterprise Development Fund (EDF) component. The program provides financial capital to […]

Germany funds Desalination Project in Muthanna

By John Lee. Iraq's Minister of Construction has signed a grant agreement to finance the Al-Khader and Al-Daraji water desalination project in Al-Muthanna Governorate Mr. Benkin Rikani [Bangin Rekani] signed the agreement with the Director of the German Development Bank KFW, Dr. Anna-Christine Janke, and the grant will be provided by the German Ministry of […]

Mosul's only Pediatric Hospital Reopens

Taking care of the youngest: Mosul's only pediatric hospital, Ibn al-Atheer, and the University's Kindergarten reopen The newly rehabilitated Ibn al-Atheer Hospital was officially inaugurated by the United Nations Development Programme (UNDP), the Federal Republic of Germany, the Ministry of Health and the Ninewa Governorate. As the only pediatric hospital in Mosul, Ibn al-Atheer will […]

Baharka Hospital in Erbil officially opened

On 24 October 22, the Baharka Hospital was inaugurated in Erbil in the north of Iraq by representatives of the Kurdish Regional Government, the United Nations Development Programme (UNDP) and German representatives - including KfW Development Bank. The opening of the hospital will create further urgently needed capacity for the care of patients with airborne […]