The World Bank
Recent News About The World Bank
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World Bank supports Armenian job creation with new five-year partnership
The World Bank Group's Board of Executive Directors has approved a new five-year Country Partnership Framework (CPF) for Armenia.
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Solar power transforms healthcare at rural centers in Madagascar
The Mateliona Betafo basic health center in Madagascar has undergone a significant transformation with the installation of solar kits, ending years of operating without electricity.
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Ukraine rebuilds rail network amid ongoing conflict
Ukrainian Railways, known as Ukrzaliznytsia, has played a crucial role in the country's economy since the onset of the conflict with Russia in February 2022.
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Kosovo secures World Bank funding for financial sector and transport projects
The World Bank's Board of Executive Directors has approved financial support for two projects in Kosovo, aimed at enhancing the competitiveness of the private sector and improving connectivity.
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Zambia nears completion of debt restructuring amid ongoing economic challenges
Zambia is on the verge of completing its debt restructuring under the G-20 Common Framework after nearly four years of negotiations with bilateral creditors and international bondholders.
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World Bank warns of weak growth outlook for developing economies
Developing economies, which contribute significantly to global growth, are anticipated to face a challenging economic environment over the next two years.
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Cameroon advances towards affordable universal electricity with Nachtigal Hydropower Plant
In the early hours of the day, Sandrine Nguele, a senior nurse, attends to patients at the medical center in Batchenga.
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World Bank's Emanuel Salinas reflects on achievements and challenges in Albania
In a recent interview with Monitor Magazine, Emanuel Salinas, the outgoing World Bank Country Manager for Albania, reflected on his tenure and the challenges faced by the country.
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World Bank settles with regional warning system over project conduct
The World Bank Group has reached a settlement with the Regional Integrated Multi-Hazard Early Warning System for Africa and Asia (RIMES) concerning conduct related to two projects: the Bhutan Hydromet Services and Disaster Resilience Regional...
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World Bank debars Nigerian firms over corruption charges
The World Bank Group has announced a 30-month debarment for two companies based in Nigeria, Viva Atlantic Limited and Technology House Limited, along with their Managing Director and Chief Executive Officer, Mr. Norman Bwuruk Didam.
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World Bank supports Djibouti with $20 million grant for finance governance
The World Bank has approved a $20 million grant from the International Development Association (IDA) to support Djibouti in enhancing its public finance governance and digital services.
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World Bank approves $257 million for Lebanese water supply improvements
The World Bank's Board of Executive Directors has approved a $257.8 million financing package to enhance water supply services in the Greater Beirut and Mount Lebanon area.
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Cabo Verde's new report outlines path for sustainable development amid climate challenges
PRAIA, January 15, 2025 – Cabo Verde is focusing on building resilience and accelerating a low-carbon transition as part of its sustainable development strategy.
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Tonga's education system bolstered by $21 million funding boost
Thousands of students in Tonga are set to benefit from enhanced educational facilities and systems, as the Tonga Safe and Resilient Schools Project receives an additional US$21 million in funding.
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Cabo Verde seeks transformation amid climate challenges with ambitious renewable goals
Cabo Verde, a small island nation in the Atlantic Ocean, is facing significant challenges due to climate change.
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Report highlights challenges and opportunities in global educational technology integration
The global learning and skills crisis remains a significant challenge, with over half of 10-year-olds in low- and middle-income countries unable to read and understand age-appropriate texts.
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World Bank provides $30 million grant for earthquake recovery in Vanuatu
The World Bank has announced a $30 million grant to aid Vanuatu's recovery following a 7.3 magnitude earthquake in December.
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World Bank approves $20 million project for Guinea-Bissau's social services
The World Bank has approved a $20 million grant to enhance education, health, and social protection services in Guinea-Bissau.
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Ethiopian women find economic empowerment through urban safety net project
A group of women and girls are actively participating in a handicraft training program at the General Wingate Technical and Vocational Education and Training center.
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Report highlights barriers to Armenia's tech adoption
The adoption of digital technology by firms in Armenia has been evaluated in a report based on the Armenia ICT Survey conducted in 2023.