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Armenia raises contribution to World Bank’s IDA after becoming donor nation

The Government of Armenia has announced a 30% increase in its contribution to the International Development Association (IDA), the World Bank’s fund dedicated to supporting low-income countries.


World Bank approves $50 million for modernization of Guatemala’s public finance systems

The World Bank has approved a $50 million project aimed at modernizing Guatemala’s public financial systems.


World Bank maintains support for Haiti with new partnership strategy amid ongoing crisis

The World Bank has reaffirmed its commitment to supporting Haiti amid ongoing instability and violence.


World Bank urges reforms as MENA faces demographic shifts, climate risks

The World Bank has released a new report focusing on human development in the Middle East and North Africa (MENA), outlining strategies to help countries in the region address challenges from demographic shifts, climate change, and technological...


World Bank-backed projects help expand access to skills training for Ethiopian youth

At Misrak Polytechnic College in Addis Ababa, 20-year-old Hanna Samuel is learning carpentry skills, including operating woodworking machines and reading technical drawings. “People told me carpentry is men’s work,” she said. “But I was...


Bhutan strengthens climate resilience with renewed World Bank partnership

In February 2025, Bhutan signed a US$40 million agreement with the World Bank under the International Development Association (IDA) for Climate and Disaster Resilience Development Policy Financing with a Catastrophe Deferred Drawdown Option (Cat...


World Bank Group warns public about misuse of its name in Malawi election poll

The World Bank Group has issued a warning regarding the misuse of its name and logo in connection with an alleged National Opinion Poll Report about Malawi’s upcoming elections.


African nations integrate natural capital accounting with support from World Bank programs

Countries in Africa are taking steps to include the value of nature in their economic planning through natural capital accounting (NCA), with support from the World Bank’s Global Program on Sustainability (GPS).


World Bank issues EUR 90 million sustainable bond purchased by Zenkyoren

The World Bank has issued a EUR 90 million Sustainable Development Bond with a seven-year maturity, set to mature in September 2032.


World Bank urges balanced approach as Sri Lanka reviews fiscal policy

Sri Lanka has taken significant steps to stabilize its economy, implementing a fiscal adjustment of nearly 8 percent of GDP over three years.


Photobook highlights resilience of Yemeni women entrepreneurs amid conflict

Power in Perseverance, an interactive photobook, documents the experiences of Yemeni women entrepreneurs who have started and grown businesses despite ongoing conflict and economic challenges.


Siemens partners with machine builders for industrial AI data sharing initiative

Siemens has announced a new alliance with machine builders aimed at improving the use of industrial artificial intelligence through data sharing.


Consular staff from U.S. Embassy Copenhagen to offer services in Aarhus on October 22-23

Consular staff from the U.S. Embassy in Copenhagen will be in Aarhus on October 22 and 23 to provide services for U.S. citizens.


U.S., Romania mark completion of renovated primary school in Sarichioi

The United States Embassy and the Municipality of Sarichioi in Tulcea County held a ribbon-cutting ceremony to mark the completion of renovations and expansion at Sarichioi Primary School #2.


Volkswagen Group announces €1 billion investment in artificial intelligence by 2030

Volkswagen Group has announced plans to invest up to one billion euros in artificial intelligence (AI) by 2030.


University of Cambridge study maps gene activity linked to breastfeeding challenges

A recent study from the University of Cambridge has produced a detailed genetic atlas of the adult mammary gland, shedding light on genes involved in breastfeeding and providing new information about genetic links to breastfeeding disorders and...


ANZ announces workforce reduction amid restructuring efforts

ANZ has announced a series of organizational changes aimed at simplifying its structure and strengthening its focus on key priorities.


Macquarie finalizes £900m acquisition of ScottishPower's UK smart meter assets

Macquarie Specialised and Asset Finance, a division of Macquarie Group’s Commodities and Global Markets business, has completed the acquisition of SP Smart Meter Asset Limited (SPSMAL) from ScottishPower for approximately £900 million.


Siemens partners with EPD-Global to boost verified environmental product declarations

Siemens has announced a new partnership aimed at improving the speed and transparency of its environmental product declarations (EPDs).


Swansea Science Festival returns with hands-on events this October

Swansea University, in collaboration with the National Waterfront Museum, will host the Swansea Science Festival on October 25 and 26.