Developing economies—which fuel 60 percent of global growth—are projected to finish the first quarter of the 21st century ...

The International Debt Report (IDR) is a longstanding annual publication of the World Bank featuring external debt statistics and analysis for the low- and middle-income countries that report to the ...

Access to reliable, affordable, and sustainable energy is critical for powering Africa, transforming economies, and reaching people’s development aspirations. It is at the heart of our mission to ...

WASHINGTON, January 16, 2025—The Board of Executive Directors of the World Bank approved financial assistance today for two new projects in Kosovo aimed at strengthening the competitiveness of the ...

In November 2024, the first in-person training of the Policy Catalyst Effective Renewable Energy Tendering Window brought 62 delegates from 12 African nations together in Cape Town to dive into the ...

WASHINGTON, January 16, 2024—The World Bank Group today announced a settlement with the Regional Integrated Multi-Hazard Early Warning System for Africa and Asia (RIMES) in connection with conduct ...

WASHINGTON, January 16, 2025 — The World Bank approved today a $20 million grant from the International Development Association (IDA) for a new project that will help Djibouti improve its public ...

In rural Cameroon, 75% of the population remains without electricity, even though many live near the grid. The Nachtigal Hydropower Plant financed by the World Bank Group together with partners, will ...

WASHINGTON, January 16, 2025—The World Bank Group today announced the 30-month debarment of two Nigeria-based companies—Viva Atlantic Limited and Technology House Limited—and their Managing Director ...

In transitioning to his new role as World Bank Country Manager for Iraq, Emanuel Salinas, the outgoing World Bank Country Manager for Albania, spoke to Monitor Magazine about the economic situation ...

Zambia is on a transformative path, overcoming debt challenges through the G-20 Common Framework and implementing critical reforms. Despite rapid GDP growth in the 2000s, poverty remains widespread, ...