Tag: World Bank

WASHINGTON —Global commodity prices are projected to fall to their lowest level in six years in 2026, marking the fourth ...

For Hermínio Guambe, a barber in a small village outside Mozambique’s capital, electricity has been a game-changer. His tiny, unpowered ...

WASHINGTON —More adults than ever in low- and middle-income countries now have bank or other financial accounts, leading to a ...

WASHINGTON — Heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest ...

BEIRUT (AP) — Saudi Arabia and Qatar said Sunday they will pay Syria’s outstanding debt to the World Bank, a ...

Connecting 300 million Africans to electricity within the next five years is within reach through collaborative effort and commitment to ...

WASHINGTON —The next 25 years could prove decisive in determining whether the world’s 26 poorest countries progress to middle-income status, ...

WASHINGTON — Global commodity prices are set to tumble to a five-year low in 2025 amid an oil glut that ...

WASHINGTON – World Bank President Ajay Banga said on Thursday that bilateral creditors need to provide more debt forgiveness to ...

WASHINGTON — At today’s feeble pace, it could take more than a century to eliminate poverty as it is defined ...

More than 100 countries including China, India, Brazil, and South Africa—face serious obstacles

By Urvi Dugar and Dawit Endeshaw / Reuters The World Bank’s board has approved $1.5 billion in financing for its ...

In a bid to enhance water resource management and improve dam safety nationwide, the Federal Government of Nigeria has put ...

The World Bank has approved a $2.25 billion loan for Nigeria to shore up revenue and support economic reforms that ...

The global economy is expected to stabilize for the first time in three years in 2024—but at a level that ...