New commitment will bring annual guarantee issuance on the continent to $6.4 billion, aiming to improve the lives of some 190 million people by 2030 ...

The signatory Multilateral Development Banks (MDBs) are responding to requests for support from countries and clients to help address the heterogeneous and compound impacts from the conflict in the ...

Informal employment in Türkiye's labor market leaves too many workers without legal protection, recourse, or benefits — exposing them to serious risks when economic shocks hit. A project supported by ...

The Human Capital Index Plus (HCI+) shows how health, education, employment, and on-the-job learning shape future ...

NEW DELHI, October 3, 2023—India continues to show resilience against the backdrop of a challenging global environment, according to World Bank’s latest India Development Update (IDU). The IDU, the ...

New global platform aligns country reforms, financing, and partnerships to scale delivery WASHINGTON, April 15, 2026—The World Bank Group, in partnership with multilateral development banks, ...

PRETORIA, March 5, 2026 — South Africa’s efforts to accelerate infrastructure investment, create jobs, and drive economic growth have received a major boost with the World Bank Board of Executive ...

Across the region, the World Bank Group is supporting country-led reforms, strategic investments, and initiatives to strengthen power systems. In the Kyrgyz Republic, Tajikistan, and Uzbekistan, the ...

COLOMBO, December 22, 2025—Cyclone Ditwah, which struck Sri Lanka in late November, has caused an estimated US$4.1 billion in direct physical damage to buildings and contents, agriculture and critical ...

Macroeconomic conditions have improved in 2025, with a more stable exchange rate and easing inflation. Growth is projected at 4.2% over the year, driven by tourism, transport, and steady expansion in ...

NAIROBI, November 24, 2025 — Kenya’s economy is projected to grow by an average 4.9% between 2025 and 2027, an increase from previous estimate. However, fiscal pressures are intensifying, with the ...

The World Bank’s Digital Progress and Trends Report 2025: Strengthening AI Foundations shows that AI is gaining momentum in developing countries and driving opportunities for growth, but progress ...