New targets will focus on use of broadband, social protection, and access to capital as part of the Gender Strategy, which is ...

Spain has announced an early financial commitment of €400 million to the International Development Association, the World Bank’s fund for low-income countries. This is a 37% increase compared to the ...

The World Bank Group today announced a strategic pivot in its approach to agribusiness with a goal to create a comprehensive ecosystem for the industry. The shift will combine a new way of working ...

The World Bank Group announced on Tuesday a package of financial measures that will boost lending capacity and make loans ...

The world’s 26 poorest economies, home to about 40 percent of all people who live on less than $2.15 a day, are deeper in ...

It could take more than a century to eliminate poverty as it is defined for nearly half the world – people who live on less than $6.85 per day, according to the World Bank’s new Poverty, Prosperity, ...

ABUJA, October 17, 2024 – Since May 2023, Nigeria has implemented significant reforms to stabilize its economy, resulting in modest growth, improved fiscal health, and rising foreign exchange reserves ...

WASHINGTON, October 16, 2024 — Growth continues to be subdued in the Middle East and North Africa (MENA) because of uncertainties heightened by the conflict in the region, says the World Bank in its ...

In Central America and the Dominican Republic, one in three people live in poverty, a figure above the average for Latin America. While there are substantial differences among the countries that make ...

Raising female labor force participation rates in the region to those of men could increase regional incomes per capita by up to 51 percent. South Asia has witnessed strong economic growth over the ...

The World Bank Group's International Development Association (IDA)-financed Electricity Access & Services Expansion Project (EASE) Project started in 2018 and has provided electricity to more than 3 ...