The World Bank
Recent News About The World Bank
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Nigeria electrification project expands solar power access
More than 80 million Nigerians, nearly 40% of the country's population, do not have access to electricity.
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World Bank's projects aim to close infrastructure gender gap
The World Bank is addressing the infrastructure gender gap through initiatives aimed at empowering women, boosting economies, and fostering equitable societies.
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World Bank highlights efforts boosting women's economic power in Africa
On International Women’s Day 2025, attention is drawn to the critical role of women in transforming economies and societies.
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Tanzanian engineer revolutionizes Lake Victoria's sardine trade with solar innovation
Engineer Diana Mbogo, Managing Director of Millennium Engineering Enterprises Limited in Tanzania, has made significant strides in improving the sardine trade around Lake Victoria.
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World Bank supports Serbia’s green transition with $160 million loan
The World Bank Board of Directors has approved a loan of EUR 153.7 million ($160 million equivalent) to support Serbia's ongoing green transition reforms.
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Electrification boosts Tanzania’s small-scale mining sector
Charles Buzalwa returned to Geita, Tanzania, after eleven years abroad with the goal of establishing his own business.
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World Bank backs Micronesia's effort to enhance public financial management
The World Bank has announced its approval of a $13 million initiative aimed at enhancing public financial management in the Federated States of Micronesia (FSM).
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World Bank approves projects benefiting millions through improved transport and healthcare
At least 19 million Filipinos are set to benefit from two new projects approved by the World Bank's Board of Executive Directors.
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World Bank advances global efforts on road safety after Marrakech ministerial
The World Bank Group is advancing efforts in road safety financing and governance following the 4th Global Ministerial Conference on Road Safety held in Marrakech, Morocco.
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Mondulkiri Water Utility increases female workforce participation with World Bank support
The Mondulkiri Water Utility in Cambodia is actively working to increase female representation within its workforce, a move supported by the World Bank-financed Water Supply and Sanitation Improvement Project.
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World Bank urges economic diversification for sustained growth in Equatorial Guinea
The World Bank has released a new report emphasizing the need for Equatorial Guinea to diversify its economy beyond oil dependency.
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World Bank releases first country economic memorandum on Equatorial Guinea
The World Bank has released its inaugural Country Economic Memorandum report on Equatorial Guinea, titled "Equatorial Guinea Country Economic Memorandum – Building the Foundations for Renewed, More Diversified and Inclusive Growth."
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World Bank appoints new representative for unified leadership in Suriname
Diletta Doretti has been appointed as the World Bank Group Resident Representative for Suriname.
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World Bank tackles global lead pollution with strategic phased approach
The World Bank Group is addressing the issue of lead pollution, which poses a significant challenge to development, especially in low- and middle-income countries.
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World Bank endorses new strategic partnership framework for Haiti
The World Bank Group's Board of Directors has endorsed a new strategic partnership for Haiti, focusing on the period from 2025 to 2029.
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World Bank appoints new country manager for Kyrgyz Republic
Hugh Riddell has been appointed as the World Bank Group Country Manager for the Kyrgyz Republic, effective March 3, 2025.
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World Bank project empowers Georgian women entrepreneurs through training and support
Women in Georgia's tech industry face unique challenges compared to their male counterparts when launching startups.
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World Bank approves $192M project to aid Jamaica's private sector development
The World Bank Group's Board of Executive Directors has approved a new project aimed at supporting Jamaica in its efforts to promote private sector development and improve disaster preparedness.
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World Bank seeks public input on partnership framework with Poland for 2025-2030
The World Bank Group is in the process of developing a new Country Partnership Framework (CPF) with Poland for 2025-2030.
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World Bank grants $7 million to bolster Tuvalu's climate resilience
The World Bank has announced a commitment of $7 million in grants to enhance Tuvalu's management and resilience against climate-related disasters.