Latest News
Ethiopian man turns to beekeeping to transform his livelihood through PSNP support
By Globe Banner | Apr 21, 2025
Kifle Kirba, a resident of Bullesa kebele near Aleta Wondo in Ethiopia's Sidama region, has transitioned from struggling as a migrant worker to running his own successful beekeeping business.
MDBs join forces in new collaborative financing initiative
By Globe Banner | Apr 21, 2025
The Global Collaborative Co-Financing Platform, introduced in April 2024, seeks to bolster partnerships and advance solutions for pressing challenges.
Germany faces economic hurdles due to US tariff policy, says KfW Research
By Globe Banner | Apr 21, 2025
Germany is bracing for economic challenges stemming from the tariff policy of the United States, according to KfW Research.
Human Capital Umbrella Trust Fund Program focuses on global investments in human capital
By Globe Banner | Apr 21, 2025
The Human Capital Umbrella Trust Fund Program was launched in 2019 with support from the Gates Foundation and the Government of Canada.
Mortgage completions jump 50% as buyers race before stamp duty changes
By Globe Banner | Apr 21, 2025
In March, mortgage completions surged by 50% as buyers hurried to secure transactions amid rising stamp duty rates.
Birth certificate acquisition aids Cameroon's students in pursuing higher education
By Globe Banner | Apr 18, 2025
The school year of 2023-2024 concluded positively for around 60,000 final-year primary students in Cameroon as they were able to acquire their birth certificates, referred to as the "first diploma" in their lives.
Trump terminates NCUA Board members Harper and Otsuka
By Globe Banner | Apr 18, 2025
The National Credit Union Administration (NCUA) has announced the termination of two NCUA Board members, Todd Harper and Tanya Otsuka, whose positions were ended by President Donald J. Trump on April 17.
World Bank supports sustainable finance initiative for MSMEs in Kyrgyz Republic
By Globe Banner | Apr 18, 2025
Washington—On April 18, 2025, the World Bank's Board of Executive Directors approved $120 million for a project aimed at developing a sustainable finance market for Micro, Small, and Medium Enterprises (MSMEs) in the Kyrgyz Republic.
Job creation in East Asia and Pacific: an urgent and strategic mission
By Globe Banner | Apr 18, 2025
As day breaks over the Philippines’ terraced rice fields, farmers prepare their harvests for transportation on recently completed farm-to-market roads.
World Bank efforts to bolster job growth and climate resilience in the Philippines
By Globe Banner | Apr 18, 2025
The Philippines faces the challenge of addressing structural issues despite its dynamic economy in East Asia and the Pacific.
Kyrgyz Republic receives $121 million for water supply and sanitation program
By Globe Banner | Apr 18, 2025
The World Bank has announced the approval of $121 million in funding for the Kyrgyz Republic's Water Supply and Sanitation Universal Access Program's first phase.
Economic shifts challenge job creation in East Asia and Pacific region
By Globe Banner | Apr 18, 2025
East Asia and the Pacific region have experienced a significant economic transformation over the last two decades, generating 131 million net new jobs.
Algeria transitions from oil dependency towards a diversified economy
By Globe Banner | Apr 18, 2025
As dawn breaks at the Port of Algiers, cranes begin their work over container stacks.
World Bank backs Caribbean renewable energy facility to boost energy resilience
By Globe Banner | Apr 17, 2025
The World Bank's Board of Executive Directors has approved a new initiative known as the Caribbean Resilient Renewable Energy Infrastructure Investment Facility for Grenada, Saint Lucia, and Saint Vincent and the Grenadines.
DEG receives certifications for fair pay commitment and policies
By Globe Banner | Apr 17, 2025
Fair pay and equal opportunities are essential components of DEG's sustainable human resources policy.
Bombardier expands use of Siemens software to enhance aircraft engineering and innovation
By Globe Banner | Apr 17, 2025
Bombardier has announced an expanded partnership with Siemens to further incorporate the Siemens Xcelerator portfolio of industry software into its aircraft development process.
Middle East and North Africa tackle water crisis to boost growth
By Globe Banner | Apr 17, 2025
Countries in the Middle East and North Africa are addressing the growing water crisis by implementing measures aimed at securing their water resources for the future.
Young entrepreneurs in Germany optimistic about 2025 despite economic concerns
By Globe Banner | Apr 17, 2025
People who have recently started a business or are planning to do so exhibit more optimism regarding their personal future compared to the general German population.
World Bank approves $100 million for Armenia's tourism infrastructure and growth
By Globe Banner | Apr 17, 2025
The World Bank Group has approved a $100 million initiative aimed at enhancing Armenia's tourism and local infrastructure.
World Bank promotes health investments for economic growth and job creation globally
By Globe Banner | Apr 17, 2025
Investing in a skilled, healthy workforce, infrastructure, and technology is essential for economic growth and job creation.