Developing economies—which fuel 60 percent of global growth—are projected to finish the first quarter of the 21st century ...

Africa lack access to the essential opportunities electricity provides: modern healthcare, quality education, greater quality ...

In a region known for manufacturing, digitization is transforming services into the most dynamic part of many economies in the East Asia and Pacific region, according to new World Bank research. The ...

The World Bank Group (WBG) and the African Development Bank (AfDB), in collaboration with partners, have launched an ambitious mission to connect 300 million people to electricity in Sub-Saharan ...

Cabo Verde, a small island nation in the Atlantic Ocean, is at a critical crossroads while facing climate change. The Cabo Verde Country Climate and Development Report (CCDR) reveals a dual reality on ...

In transitioning to his new role as World Bank Country Manager for Iraq, Emanuel Salinas, the outgoing World Bank Country Manager for Albania, spoke to Monitor Magazine about the economic situation ...

In rural Cameroon, 75% of the population remains without electricity, even though many live near the grid. The Nachtigal Hydropower Plant financed by the World Bank Group together with partners, will ...

PRAIA, January 15th, 2025 – Building resilience and accelerating a low-carbon transition are central to Cabo Verde’s sustainable development strategy, according to the newly launched Country Climate ...

WASHINGTON, January 16, 2024—The World Bank Group today announced a settlement with the Regional Integrated Multi-Hazard Early Warning System for Africa and Asia (RIMES) in connection with conduct ...

Zambia is on a transformative path, overcoming debt challenges through the G-20 Common Framework and implementing critical reforms. Despite rapid GDP growth in the 2000s, poverty remains widespread, ...

BISSAU, January 15, 2025 - The World Bank has approved a $20 million grant to strengthen education, health, and social protection services in Guinea-Bissau, focusing on the country’s most vulnerable: ...