The World Bank
Recent News About The World Bank
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World Bank report outlines gaps and progress in global social protection
A recent World Bank report highlights both advancements and persistent hurdles in the development of social protection and labor systems across low- and middle-income countries.
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World Bank suggests reforms in Lesotho for inclusive growth and development
The World Bank has released the Lesotho Economic Update titled "Transforming Fiscal Policy into an Engine of Inclusive Growth" on April 7, 2025.
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CERI and World Bank enhance Africa's genomic surveillance capacity beyond COVID-19
In Africa, efforts to strengthen genomic surveillance have gained momentum as the region seeks to bolster its defenses against infectious diseases.
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World Bank report suggests reforms for job growth and economic expansion in Lesotho
Lesotho could see job growth and economic expansion through private sector-led growth and public sector reforms, according to the World Bank's first Lesotho Economic Update (LEU) released on April 7, 2025.
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World Bank and partners pledge $499 million for Guinea water sanitation project
The World Bank Group has approved a $200 million credit from the International Development Association for the Guinea Water and Sanitation Project.
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World Bank approves action plan after investigation into Tanzanian project issues
The World Bank's Board of Executive Directors has approved a Management Action Plan (MAP) focused on supporting livelihoods and managing water resources for communities around Ruaha National Park in Tanzania.
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World Bank predicts steady growth for Nepal's economy despite challenges
Nepal's economy is anticipated to demonstrate resilience amid economic challenges, with the World Bank projecting a growth of 4.5 percent for the fiscal year 2025, compared to 3.9 percent in fiscal year 2024.
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Efforts to lower maternal and neonatal mortality in Zimbabwe's urban areas
In Zimbabwe's high-density urban areas, such as Dzivarasekwa in Harare, the Health Sector Development Support Project (HSDSP) is working to improve maternal and neonatal health outcomes.
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Ghana to host forum marking a decade of Africa Centers of Excellence impact
The Government of Ghana will host a forum on Africa's Higher Education Centers of Excellence (ACE) program from April 7-9, 2025, at Labadi Beach Hotel in Accra.
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Rwanda’s GDP growth driven by strong private consumption and investment
Rwanda's economy saw significant growth in 2024, with a real GDP increase of 8.9%, surpassing the prior year's 8.2%.
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World Bank commits $500 million for job creation in Türkiye earthquake zones
The World Bank Board has announced the approval of a $500 million funding initiative aimed at creating jobs and supporting businesses in areas of Türkiye affected by the February 2023 earthquakes.
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World Bank supports public works project to aid South Sudan farming communities
Since gaining independence in 2011, South Sudan has faced numerous challenges due to community-based conflicts, persistent flooding, and macroeconomic issues.
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World Bank boosts Mali and Chad flood relief with $100 million funding
The World Bank has announced an approval for additional financing from the International Development Association amounting to $100 million, aimed at assisting Mali and Chad in mitigating the impacts of the 2024 floods.
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Zambia explores solar solutions to boost electricity access by 2030
Access to electricity in Zambia has increased from 30% in 2017 to nearly 50% currently.
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World Bank supports Philippines' energy transition and water management development
The World Bank has approved a financial operation to assist the Philippines in advancing its energy transition and climate resilience efforts.
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World Bank approves $1.08 billion to support Nigeria's education and nutrition sectors
The World Bank has given the green light to three significant operations designed to bolster education, nutrition, and community resilience in Nigeria, with a combined concessional financing total of $1.08 billion.
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Liberia's forest sector initiative strengthens community governance and promotes sustainable management
Deforestation remains a critical global issue, with 10 million hectares of forests lost every year and an additional 70 million hectares due to fires.
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World Bank calls for inclusive education to address global learning barriers
Inclusive education is the focus of a recent initiative aimed at ensuring equal access to education for all students, regardless of their diverse educational needs.
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Earthquake causes loss and damage in Myanmar and Thailand
The nations of Myanmar and Thailand have been affected by a significant earthquake on Friday.
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World Bank approves $150 million for bridge resilience program in Nepal
The World Bank has approved a financing package of $150 million to support Nepal's Third Bridges Improvement and Maintenance Program (BIMP-III).