The World Bank
Recent News About The World Bank
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World Bank approves funding for fiscal reforms in Rio Grande do Sul
The World Bank Board of Directors has approved a new financing package for the State of Rio Grande do Sul aimed at enhancing fiscal sustainability and public management efficiency.
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World Bank backs $250 million expansion of São Paulo Metro Line 2
The World Bank Board of Directors has sanctioned a project to aid the expansion of São Paulo’s Metro Line 2 – Green.
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Mali implements $73 million recovery plan following devastating floods
Severe flooding struck Mali in July and August 2024, causing widespread damage to health centers, schools, and infrastructure such as roads, bridges, and culverts.
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World Bank funds $162M for resilient roads in Espírito Santo
The World Bank has approved a financing package of $162.4 million to enhance road infrastructure resilience, safety, and sustainability in Espírito Santo, Brazil.
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World Bank emphasizes human capital investment for growth in Guinea-Bissau
Some key findings from the Human Capital Review, a recent World Bank report, emphasize the importance of strengthening human capital in Guinea-Bissau to reduce poverty and foster sustainable growth.
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Lake Victoria faces pollution crisis; regional efforts underway
Lake Victoria, a vital resource for East Africa, is facing significant environmental challenges.
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World Bank extends aid for rural home construction in earthquake-hit Türkiye
The World Bank has announced additional funding of €200 million ($207.5 million) to support the construction of rural homes in Türkiye, following the devastating earthquakes in February 2023.
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World Bank funds Sergipe's move towards improved connectivity and energy efficiency
The World Bank Board of Directors has approved a $53.6 million financing package to improve digital infrastructure, expand broadband access, increase energy efficiency, and modernize public services in Sergipe, Brazil.
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World Bank hosts second annual Global Digital Summit
The World Bank Group hosted the second annual Global Digital Summit on March 18, 2025, in Washington.
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World Bank Group approves $400 million funding for Cameroon's economic resilience
The World Bank Group has approved two financial operations for Cameroon, totaling $400 million, aimed at improving public finance management and promoting sustainable growth.
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Museum of Acrean Peoples showcases rich history in Rio Branco
The Museum of the Acrean Peoples, located in downtown Rio Branco, Brazil, has been documenting and showcasing the rich history and culture of the remote state of Acre since August 2023.
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Togo explores improved public investment management for rural economic transformation
The Public Finance Review (PFR) on Togo's agriculture and rural connectivity sectors highlights the potential of improved public investment management to drive rural development and structural transformation in the country.
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Togo's economic outlook highlights resilience amid climate challenges
The Togo Economic Outlook report, released in September 2024, examines recent economic developments and future growth prospects.
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World Bank approves $31 million project to boost resilience in Djibouti
The World Bank has announced the approval of a $31 million project aimed at bolstering socio-economic conditions in underserved areas of Djibouti.
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World Bank highlights Rwanda's energy opportunities amid affordability challenges
Rwanda is poised to harness its potential for development by focusing on the productive use of energy (PUE), according to a recent World Bank report titled "Energizing Rwanda’s Development: Opportunities and Strategies for Catalyzing Productive...
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Comoros strengthens disaster preparedness after Cyclone Chido devastation
Cyclone Chido caused significant destruction when it struck the Comoros islands of Anjouan and Mohéli on December 14, 2024.
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Community initiative revitalizes farmland in Mauritania
In the village of Djeibaba, located in southern Mauritania's Edebay Ehl Guelay commune, a dam built in 1995 irrigates 500 hectares of farmland.
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World Bank urges reforms amid projected economic contraction in South Sudan
South Sudan's economy is facing significant challenges, as highlighted in the latest edition of the South Sudan Economic Monitor (SSEM) released by the World Bank.
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World Bank issues USD 6 billion bond amid volatile market
The World Bank has successfully priced a USD 6 billion benchmark bond set to mature in March 2030.
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World Bank urges reforms in Europe & Central Asia to achieve high-income status
The World Bank has released a report emphasizing the need for middle-income countries in Europe and Central Asia to adopt robust technology, foster innovation, improve education, and enhance energy efficiency to reach high-income status.