The World Bank
Recent News About The World Bank
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World Bank urges Central African Republic to tackle climate challenges
BANGUI, December 4, 2024 - The World Bank has released a report urging the Central African Republic (CAR) to enhance resilience against climate change and reduce poverty.
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IDA21 meeting emphasizes collaboration amid global challenges
A significant gathering took place as Axel van Trotsenburg delivered opening remarks at the IDA21 Final Replenishment Meeting.
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World Bank approves $200M funding to enhance Costa Rican education
The World Bank's Board of Executive Directors has approved new funding to support Costa Rica in enhancing foundational learning, digital competencies, and employability skills for students in public primary and secondary schools.
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World Bank reports on CAR's economic stagnation amid security challenges
The World Bank has released a report highlighting the stagnant state of the Central African Republic's economy, with GDP growth projected at 0.7% for 2024.
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Montenegro faces urgent need for investment in climate resilience
Montenegro is facing serious climate challenges, including frequent floods, earthquakes, landslides, and increasingly severe droughts, wildfires, and heatwaves.
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World Bank report shows modest growth in Afghan economy amid persistent challenges
The Afghan economy is experiencing moderate growth, but challenges persist, according to the World Bank's latest Afghanistan Development Update.
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World Bank approves $70M project for Morocco's social protection reform
The World Bank has approved a $70 million project to support Morocco's social protection reform.
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World Bank report highlights inequality challenges hindering Africa's poverty reduction
Unequal access to jobs, finance, and public services is hindering poverty reduction in Sub-Saharan Africa, according to a World Bank report released on December 4, 2024.
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World Bank invests $400M in Djibouti's development amid economic challenges
Djibouti, strategically located at the intersection of key trade routes, is poised to enhance its role in regional connectivity and integration.
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Developing nations' foreign debt hits record amid rising interest costs
Developing countries have experienced significant financial pressure, spending a record $1.4 trillion on foreign debt in 2023, according to the World Bank's International Debt Report.
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Brazilian schools revamped amid rising temperatures with support from World Bank
Elizangela Dias Ferreira, a resident of Paraiso do Tocantins in Brazil, has seen significant changes at the Juscelino Kubitschek de Oliveira State School over the years.
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World Bank Group revisits African development goals after two decades
The World Bank Group (WBG) has released a follow-up report titled "Africa in the 21st Century: Governance and Inclusive Green Growth," revisiting priorities from its 2000 publication, "Can Africa Claim the 21st Century?"
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Kazakhstan partners with World Bank to enhance water conservation efforts
The Ministry of Water Resources and Irrigation of Kazakhstan and the World Bank have formalized a partnership aimed at improving water resource management and promoting environmental sustainability.
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World Bank approves loan for Maharashtra's economic growth initiative
The World Bank has approved a new loan to support Maharashtra, India's largest state economy, in its efforts to stimulate economic growth, particularly in underdeveloped districts.
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Morocco's efforts aim to preserve oases amid climate challenges
Morocco's oases are more than just a symbol of life in the desert.
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Saudi Arabia partners with World Bank Group to launch Knowledge Hub in Riyadh
The Kingdom of Saudi Arabia and the World Bank Group have signed an agreement to establish a Knowledge Hub in Riyadh.
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World Bank official reflects on tenure in Albania
Emanuel Salinas, the outgoing World Bank Country Manager for Albania, shared his experiences and reflections on his tenure in an interview originally broadcasted by A2CNN TV station.
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Croatia boosts support for global development with increased pledge to IDA21
The Government of Croatia has announced a substantial increase in its financial commitment to the International Development Association (IDA) for the 21st replenishment cycle, known as IDA21.
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World Bank outlines project timeline for Mozambique initiatives
The World Bank has clarified details regarding its recent and upcoming project approvals in Mozambique.
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World Bank urges Fiji to tackle non-communicable disease crisis
Fiji is currently facing a significant health crisis due to non-communicable diseases (NCDs) and weak health outcomes, according to a new World Bank report.