Latest News
Global South Pillar targets food security challenges in Africa
By Globe Banner | Jun 26, 2025
The Global South Pillar of the PHRD’s Technical Assistance program aims to provide support to developing countries facing multidimensional crises.
World Bank advises Brazil on balancing fiscal policy with environmental goals
By Globe Banner | Jun 26, 2025
As Brazil faces budget constraints, a new World Bank report suggests policies to address fiscal and environmental challenges.
World Bank approves project to boost Mozambique's health emergency response
By Globe Banner | Jun 26, 2025
The World Bank has approved a project aimed at enhancing Mozambique's health system resilience and emergency response capabilities.
Singapore banks collaborate on report assessing nature-related financial risks
By Globe Banner | Jun 26, 2025
UOB, DBS, and OCBC have collaborated with the University of Cambridge Institute for Sustainability Leadership (CISL) to launch a report aimed at understanding the financial implications of nature-related risks.
AFD and World Bank unite to address global challenges
By Globe Banner | Jun 26, 2025
The Agence Française de Développement (AFD) and the World Bank Group continue their collaboration, focusing on addressing global challenges such as food security and infrastructure.
World Bank highlights economic challenges facing Gabon amid rising poverty
By Globe Banner | Jun 26, 2025
The World Bank has released the Gabon Economic Update 2025, providing an analysis of Gabon's recent economic developments with a thematic focus on national wealth.
KfW completes roadmap for digital heating subsidy submissions
By Globe Banner | Jun 26, 2025
KfW has reached the final stage of its promotional roadmap for heating system replacement subsidies, enabling municipalities to submit evidence digitally.
World Bank Group partners with IAEA on nuclear energy initiative
By Globe Banner | Jun 26, 2025
PARIS, June 26, 2025—The World Bank Group and the International Atomic Energy Agency (IAEA) have formalized a partnership to support the use of nuclear energy in developing countries.
Dale Walsh joins Barclays as global head of credit distribution
By Globe Banner | Jun 26, 2025
Barclays has announced the appointment of Dale Walsh as the Global Head of Credit Distribution and Product for its Private Bank and Wealth Management division.
KfW appoints Dr. Susanne Maurenbrecher as general manager starting October 2025
By Globe Banner | Jun 26, 2025
The Executive Board of KfW has announced the appointment of Dr. Susanne Maurenbrecher as General Manager, effective October 1, 2025.
World Bank partners with IAEA to advance nuclear energy initiatives
By Globe Banner | Jun 26, 2025
On June 26, 2025, World Bank Group President Ajay Banga and International Atomic Energy Agency (IAEA) Director General Rafael Grossi formalized a partnership agreement aimed at advancing nuclear energy initiatives.
World Bank supports Colombian capital market growth through innovative funds
By Globe Banner | Jun 26, 2025
Colombia's capital markets are experiencing growth, supported by two projects under the Sustainable Finance Facility (SFF).
World Bank partners with IAEA on safe use of nuclear energy
By Globe Banner | Jun 26, 2025
The World Bank Group and the International Atomic Energy Agency (IAEA) have entered into a partnership to promote the use of nuclear energy in developing countries.
Sri Lanka and India tackle urbanization challenges through innovative projects
By Globe Banner | Jun 26, 2025
Urbanization is a powerful tool for sustainable development and job creation, yet it poses challenges related to inclusion, sustainability, and service provision.
DEG highlights significant impact in Development Report for 2024
By Globe Banner | Jun 26, 2025
Businesses globally are facing challenges like climate change, geopolitical shifts, and the need for secure supply chains.
Gen Z least financially secure as inflation shifts focus to short-term goals
By Globe Banner | Jun 26, 2025
Sun Life Asia has released its second Financial Resilience Index, revealing that Generation Z is the least financially secure and resilient group compared to other generations.
Efforts underway to address Caribbean's skills gap impacting employment
By Globe Banner | Jun 26, 2025
Earlier this year, a young graduate faced difficulties in finding a job matching her education and eventually applied to a local meat shop, only to be turned away for being "overqualified."
Siemens develops digital twin for Bavaria's National Theater with Bavarian State Opera
By Globe Banner | Jun 26, 2025
Siemens and the Bavarian State Opera have collaborated to create a digital twin for Bavaria's National Theater.
Vietnam collaborates with World Bank to enhance sustainable finance
By Globe Banner | Jun 26, 2025
Realizing the potential of Vietnam's capital markets is a key aim of the Sustainable Finance Facility (SFF).
World Bank boosts education project in Kyrgyz Republic with $6.36 million funding
By Globe Banner | Jun 26, 2025
BISHKEK, June 26, 2025 – The World Bank has announced an additional $6.36 million in financing to enhance the Learning for the Future Project in the Kyrgyz Republic.