Latest News
World Bank launches $137 million project for natural resource management in Zambia
By Globe Banner | Sep 28, 2025
The World Bank has approved the second phase of the Transforming Landscapes for Resilience and Development (TRALARD II) project in Zambia.
Morocco sees major rise in preschool enrollment amid push for universal early education
By Globe Banner | Sep 28, 2025
Preschool enrollment in Morocco has seen a significant increase since 2018, following the government’s commitment to provide universal access for children aged 4 to 5 by 2028.
World Bank approves $500 million plan to modernize Indonesian power grid
By Globe Banner | Sep 28, 2025
The World Bank has approved a $500 million program aimed at transforming Indonesia’s electricity distribution system in the Java, Madura, and Bali regions.
World Bank approves $430 million loan for disaster resilience in Guatemala
By Globe Banner | Sep 28, 2025
The World Bank’s Executive Board has approved a $430 million project to help Guatemala improve its resilience against natural disasters and extreme climate events.
Türkiye expands building renovation program after World Bank project exceeds efficiency targets
By Globe Banner | Sep 28, 2025
Energy efficiency upgrades in Türkiye’s public buildings are showing measurable benefits, according to the World Bank-funded Türkiye Energy Efficiency in Public Buildings project.
World Bank details accountability measures for $41 billion PEACE Project in Ukraine
By Globe Banner | Sep 28, 2025
Since the start of Russia's invasion of Ukraine in February 2022, the World Bank has worked with international partners to provide financial support for the Ukrainian government.
World Bank calls for people-centered reforms amid rising poverty rates in Pakistan
By Globe Banner | Sep 28, 2025
The World Bank has released a new report titled “Reclaiming Momentum Towards Prosperity: Pakistan’s Poverty, Equity and Resilience Assessment,” offering a comprehensive look at poverty and welfare trends in Pakistan since the early 2000s.
World Bank launches $100 million program to boost inclusive digital access in Zambia
By Globe Banner | Sep 28, 2025
The World Bank Group has approved the Digital Zambia Acceleration Project (DZAP), a new initiative designed to expand internet access and promote the use of digital services in Zambia.
World Bank Group accelerates $4 billion support for Argentina's economic reforms
By Globe Banner | Sep 28, 2025
The World Bank Group has announced an acceleration of its support for Argentina, with plans to provide up to $4 billion in the coming months.
World Bank report notes decline in poverty but highlights job creation issues in Tajikistan
By Globe Banner | Sep 28, 2025
Tajikistan has made significant progress in reducing poverty over the past decade, according to a new report from the World Bank.
World Bank report finds varied trends in global port performance from 2020 to 2024
By Globe Banner | Sep 27, 2025
Port performance worldwide experienced a decline from 2020 to 2024, according to the latest Container Port Performance Index (CPPI) report released by the World Bank Group and S&P Global Market Intelligence.
World Bank urges better resource management for higher living standards in Republic of Congo
By Globe Banner | Sep 27, 2025
The Congolese economy recorded a real GDP growth rate of 2.6% in 2024, resulting in a moderate rise in per capita income for the first time since 2016.
Agroforestry projects expand job creation and forest restoration in the Democratic Republic of Congo
By Globe Banner | Sep 27, 2025
The Improved Forested Landscape Management Project (IFLMP), launched in 2014 with funding from the Climate Investment Fund’s Forest Investment Program and additional support from the Global Environment Facility and the Central African Forest...
Congo urged to diversify economy as oil dependency poses long-term risks
By Globe Banner | Sep 27, 2025
Congo’s economy grew by 2.6% in 2024, marking the first rise in real income per capita since 2016, according to a new economic update.
Central Singapore CDC partners with UOB for district-wide drive on financial literacy
By Globe Banner | Sep 27, 2025
Central Singapore Community Development Council (CS CDC) and United Overseas Bank (UOB) have launched a new partnership to promote financial literacy and resilience among residents.
World Bank releases fifth annual Container Port Performance Index highlighting global supply chain trends
By Globe Banner | Sep 26, 2025
Container ports play a central role in global supply chains by handling merchandise and semi-finished products.
BMO survey finds young American families face growing multigenerational financial pressures
By Globe Banner | Sep 25, 2025
American families are increasingly facing complex financial responsibilities that span multiple generations, according to new data from the BMO Real Financial Progress Index.
Barclays report suggests increased SME investment could add £60 billion annually to UK economy
By Globe Banner | Sep 25, 2025
Barclays has released a new report indicating that if small and medium-sized enterprises (SMEs) in the UK increased their investment rates to match those of larger companies, it could generate an additional £60 billion per year for the UK economy.
DB Insurance announces acquisition agreement with U.S.-based specialty insurer Fortegra
By Globe Banner | Sep 25, 2025
DB Insurance has announced an agreement to acquire Fortegra, a specialty insurer based in Jacksonville, Florida.
Howden Re leaders discuss rising risks from ‘forever chemicals’ for European insurance
By Globe Banner | Sep 25, 2025
Wolfram-Ferdinand Shultz, Head of Casualty Treaty for Continental Europe at Howden Re, and Kalle Pohls, Head of Liability and Claims at Howden, have discussed the growing implications of per- and polyfluoroalkyl substances (PFAS), also known as...