The World Bank Group, together with the African Development Bank, has committed to providing access to electricity to 300 ...

The World Bank Group delivered a record $42.6 billion in climate finance in fiscal year 2024—which covers July 1, 2023 to June 30, 2024—supporting efforts to end poverty on a livable planet, investing ...

DJIBOUTI, September 19, 2024 — The World Bank’s Board of Directors has approved US$90 million in additional financing for the Horn of Africa Initiative: Djibouti Regional Economic Corridor project.

As countries aim to accelerate the of climate targets for a sustainable future, risks of corruption threaten to undermine results. Corruption has the potential to deviate and deter climate offset and ...

Agriculture is pivotal for Guinea's structural transformation and climate resilience, serving as a cornerstone for inclusive growth and a sustainable future. Conakry, September 19, 2024 - The first ...

Guinea’s GDP growth accelerated to 7.1% in 2023, driven by a strong mining sector notably a 22% surge in bauxite production and a 10% increase in gold exports. Guinea's prudent fiscal management has ...

DHAKA, September 19, 2024—The World Bank Vice President for South Asia, Martin Raiser, concluded his visit to Bangladesh today and pledged the World Bank's support for critical reforms to help the ...

Between 2025 and 2050, Ecuador requires an annual investment of 3.5 percent of GDP to mitigate and adapt to climate change Quito, September 19, 2024 - A robust ...

Trade is the engine of the global economy. Over the last 25 years, trade has increased global incomes by 24%, and by 50% for some of the world’s poorest nations. But opportunities for growth and ...

Research shows reform could drive country to upper-middle income status by 2040 HONIARA, September 18, 2024 – A comprehensive and ambitious reform effort could lift economic growth in the Solomon ...