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 ...

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 ...

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

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 ...

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, ...

WASHINGTON, January 16, 2025—The Board of Executive Directors of the World Bank approved financial assistance today for two new projects in Kosovo aimed at strengthening the competitiveness of the ...

In November 2024, the first in-person training of the Policy Catalyst Effective Renewable Energy Tendering Window brought 62 delegates from 12 African nations together in Cape Town to dive into the ...

WASHINGTON, January 16, 2025 — The World Bank approved today a $20 million grant from the International Development Association (IDA) for a new project that will help Djibouti improve its public ...