The World Bank
Recent News About The World Bank
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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.
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World Bank unveils new 10-year partnership framework for Pakistan
The World Bank Group's Boards of Executive Directors have approved a new Country Partnership Framework (CPF) for Pakistan, aiming to promote inclusive and sustainable development.
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African leaders launch mission to electrify continent
For 600 million people in Africa, access to electricity remains a distant reality.
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Education initiatives aim to close learning gaps in Salvador
A visit to the Iacy Vaz Fagundes school in Salvador, Brazil, highlights the educational challenges faced by vulnerable students.
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World Bank funds projects for health services improvement in Sudan
The World Bank has approved two projects totaling $182 million to improve health services and provide emergency safety nets in Sudan.