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The World Bank President stated that the conflict in the Middle East will slow global economic growth. He warned that the damage would be significantly greater if the truce fails and the conflict escalates.
Following a World Bank report indicating a 60% poverty rate, an aide to former Vice President Atiku Abubakar has criticized President Tinubu's economic policies as 'trial-and-error' and leading to national regression.
The World Bank has released a forecast predicting that Uzbekistan's Gross Domestic Product (GDP) will grow by 7.7% in the year 2025.
The World Bank has downgraded Nigeria’s economic growth projection for 2026 to an average of 4.1 percent, a decrease from its October 2025 projection of 4.4 percent.
Dr. Arame Tall of the World Bank mission has acknowledged major advancements in the SENRM Project located in Kédougou, Senegal.
The World Bank has revised down Pakistan's GDP growth forecast to 3%, anticipating a potential widening of the current account deficit to $4.9 billion due to higher energy imports and reduced remittances amid ongoing conflict.
The World Bank has revised down its growth projections for Sub-Saharan African countries, citing the ongoing Middle East war as a key factor, with Ethiopia specifically vulnerable to inflation and currency shortages.
Kenya's Central Bank (CBK) has revised its economic growth forecast down to 5.3% for the year, citing disruptions caused by the ongoing conflict in Iran.
Purbaya has stated that the World Bank's assessment of Indonesia's growth outlook is inaccurate. This criticism suggests a disagreement on the economic projections for the country.
The World Bank has described Malaysia’s targeted fuel subsidy reform under BUDI Madani RON95 (BUDI95) as a 'step in the right direction'.
The IMF, World Bank, and WFP have issued a joint warning that the conflict in the Middle East is driving up energy and fertilizer prices, which will lead to increased food costs and jeopardize global food supply, particularly in poorer nations.
The World Bank's recommendation for Nigeria to resume fuel imports has created a division among downstream stakeholders, with marketers favoring competition and experts prioritizing local refining security.
IMF, World Bank and UN food agency say war is increasing food prices, insecurity Reuters
The World Bank has revised down its growth forecast for Bangladesh's fiscal year 2026 to 3.9%, indicating a more cautious economic outlook for the country.
The World Bank has issued a warning that the ongoing conflict involving Iran could lead to an additional 1.2 million people in Bangladesh falling into poverty.
The World Bank announced that Nigeria's economy is expected to grow in the first half of 2026, acknowledging that the Iran war is contributing to inflation.
A new promenade and embankment along the Lim River in Bijelo Polje were officially opened by the President of the Municipality, the Minister of Agriculture, and a World Bank representative.
War means ‘all roads’ lead to higher prices and slower growth: IMF chief Kuwait Times
The World Bank has approved a $600 million loan to support a project aimed at addressing the learning crisis and upgrading education in the Philippines.
The World Bank warns that the world faces a sharp increase in hunger, potentially adding 45 million people to the acutely hungry, due to the war in Iran, the Middle East crisis, and soaring energy prices driving up food costs.
Kaduna State Governor Uba Sani is seeking stronger collaboration with town planners as the state has been chosen by the World Bank Group for a pilot Nigerian Land Titling, Registration, and Documentation Programme.
Pakistan's finance minister is holding key talks with the International Monetary Fund and World Bank officials in Washington D.C., seeking safety nets, subsidy reforms, and emergency financing options as the country faces economic challenges from oil and gas volatility.
The International Energy Agency (IEA), International Monetary Fund (IMF), and World Bank have formed a coordination group to address the Middle East crisis, which is exposing frailties in the US 'no-hire' economy and prompting a global 'war room' response.
The World Bank has approved a $332.5 million program aimed at enhancing water security in Tunisia.
Tunisia is undertaking a significant effort to enhance its water security and resilience, backed by support from the World Bank.
The World Bank has approved a USD 650 million growth development policy loan for Romania.
The World Bank has created a roadmap to modernize Pakistan's wheat sector, focusing on five priority areas to stimulate private sector investment and reallocate resources.
A World Bank report indicates that Portugal continues to be among European countries sending over half of its urban waste to landfills, significantly exceeding the European average of 37%.
A delegation from the World Bank has held a meeting with the Agriculture Minister of Bangladesh to discuss relevant issues.
A World Bank study indicates that rising climate risks and challenges for smaller farms are pressuring EU agricultural systems, underscoring gaps in support and preparedness for adaptation.
US President Donald Trump has extended a deadline and promoted progress in talks with Iran, stating he is suspending attacks on Iranian energy plants. These diplomatic developments continue as military strikes persist, causing market volatility and stock drops.
Nigeria has launched a $552 million education initiative, supported by the World Bank and the Global Partnership for Education (GPE), aiming to improve learning outcomes for 29 million children, empower 500,000 teachers, and reduce school dropouts across the country.
Montenegro's President Jakov Milatović met with World Bank Vice President Antonella Bassani and other leadership in Washington.
The World Bank has approved a US$200 million loan to Uzbekistan for upgrading its road infrastructure.
A former World Bank Country Director for China stated that China is well-positioned with a 'pretty balanced' energy structure despite the ongoing turmoil in the Middle East.
Ghana received $6.65 billion in remittances in 2024 -- four times total foreign direct investment in the same year, according to World Bank data.
The World Bank has announced the mobilization of 120 billion CFA francs to support the agricultural sector in Burkina Faso, aiming to boost food security and rural development.
Why World Bank has banned PwC Kenya for 21 months standardmedia.co.ke
The World Bank has imposed a 21-month ban on PwC Kenya, though the specific reasons for the ban were not detailed in the report.
Kaduna State's Deputy Governor, Hadiza Balarabe, stated that Kaduna leads in land administration during a visit from representatives of the Federal Ministry of Housing and Urban Development and the World Bank.
The World Bank has issued a warning that half of the youth population could be out of jobs within a decade, highlighting a looming global employment crisis.
The World Bank Group has called on Ghana and other developing nations to take urgent and decisive action to tackle the growing youth employment crisis, as a large number of young people are expected to enter the labor market.
Transcorp Energy wins a World Bank-supported bid to deploy renewable energy solutions in Nigeria’s FCT, expanding access to reliable and clean power. Read More: https://punchng.com/transcorp-energy-wins-bid-to-expand-renewable-power/
World Bank keen on continuing constructive partnership with Bangladesh The Daily Star
Paschal Donohoe, World Bank Group Managing Director and Chief Knowledge Officer, will visit Ghana and Liberia from March 15 – 20, 2026.
Mr Alausa said the initiative builds on earlier connectivity efforts under the Nigerian Research and Education Network (NgREN), which previously supported broadband connectivity for tertiary institutions under a World Bank-funded project. The post Nigerian govt plans nationwide internet connectivity for schools appeared first on Premium Times Nigeria.
The Nigerian Federal Government has launched the $500 million World Bank-funded Sustainable Power and Irrigation for Nigeria (SPIN) Project, aimed at boosting food production and increasing power generation.
THE Federal Government, Tuesday, flagged off the $500 million World Bank funded Sustainable Power and Irrigation for Nigeria, SPIN, Project to accelerate food production and increase power…
The Nigerian government and World Bank launch a new blueprint to save Nigeria’s water bodies, aiming to restore landscapes and improve climate resilience. Read More: https://punchng.com/fg-world-bank-unveil-blueprint-to-save-nigerias-shrinking-water-bodies/
Montenegro's Minister of Agriculture, Forestry, and Water Management, Vladimir Joković, met with a World Bank delegation, where the MIDAS 2 project was lauded for its crucial role in the administrative development of the agricultural sector.
The Presidency responds to World Bank concerns, outlining how President Tinubu’s administration is fostering job creation in Nigeria through economic refor Read More:…
Hungary has improved its global economic ranking and maintained its developed country status, according to the Oeconomus Economic Research Foundation's updated Oeco-index based on World Bank data for 2024 and 2025.
The Government of Sarajevo Canton has adopted a special program for the consolidation of the public company GRAS Sarajevo, with plans to develop a railway line to the airport by 2030, a project developed in 2025 with the World Bank.
Tunisia is scaling up its efforts to protect urban areas from flooding, with financial and technical assistance from the World Bank to implement new measures and infrastructure.
Bangkok Set to Welcome the World as Thailand Counts Down to 2026 IMF-World Bank Annual Meetings Nation Thailand
How Kenya missed out on Sh125b World Bank project standardmedia.co.ke
By Yinka Kolawole, with agency report The World Bank has said that weak enforcement of gender equality laws and lack of parenthood support policies in Nigeria are constraining women’s participation in the workforce and also limits the country’s economic growth. In its Women, Business and the Law 2026 report, the bank said Nigeria scores 50 out of […] The post Weak gender law enforcement limits Nigeria’s economic growth — World Bank appeared first on Vanguard News.
(ANSA) - ROMA, 26 FEB - The Italian Embassy in Kabul, operating from its headquarters in Doha, hosted the Director of the World Bank Office in the Afghan capital, Faris Hadad-Zervos, for a briefing on the potential and critical issues of the private sector in Afghanistan, considered a key factor for the country's social development and economic recovery. During the meeting, it emerged that, despite a fragile macroeconomic context and a political framework marked by restrictions and constraint...
The World Bank is advocating for enhanced coordination on reforms, while a finance minister highlighted the importance of effectively executing the Country Partnership Framework (CPF) with a focus on climate and population priorities.
A new World Bank study on Albania's public finances highlights significant concerns regarding the use of public funds, pointing to high costs in the transport sector and poor project quality.
A World Bank report reveals that only 4% of women globally live in economies providing nearly full legal equality, with laws ensuring equal economic opportunities for women being only half-enforced on average.
Mozambique expects to get $10bn in World Bank support – Bloomberg CLUB OF MOZAMBIQUE
Four years to the day after Russia's full-scale invasion of Ukraine, we take a look at the state of the country's economy. The World Bank estimates it will take $588 billion over the next 10 years to
Group takes out policy to underwrite credit risk as US, UK and other wealthy nations cut aid to poorer countries
The World Bank intends to finance a project for 20,000 prosumers in Republika Srpska, with a decision on funding expected in May. The bank may also support the reconstruction of the distribution network and building energy efficiency projects.
The World Bank estimates that Ukraine currently needs 588 billion dollars for reconstruction after the Russian invasion war.
The collapse of the Dragostunja bridge on the Librazhd–Prrenjas axis highlights the precarious state of many bridges in Albania, despite a $100 million World Bank loan for 'Sustainable Bridges'.
The World Bank has issued a clarification regarding its recommendation on Nigeria's fuel imports, following a backlash to its Nigeria Development Update report.
UAE wins bid to host 2029 World Bank, IMF annual meetings in Abu Dhabi: Sheikh Mohammed Khaleej Times
Indonesia's Finance Minister has criticized the World Bank's decision to lower the country's economic growth forecast to 4.7 per cent, calling the downgrade a 'serious mistake' influenced by external pressures.
The World Bank announced that Nigeria's poverty rate increased to 63% in 2025, despite a slowdown in inflation, indicating limited improvement in household welfare.
During a World Bank mission, Dr. Arame Tall acknowledged significant advancements in the SENRM Project located in Kédougou, Senegal. The project aims to achieve specific development goals in the region.
The World Bank has advised Nigeria that increased pre-election spending could undermine the country's reform gains and urged fiscal policy to treat oil revenues as temporary.
The World Bank stated that the UAE possesses the economic resilience to absorb spending pressure and recover quickly from the impact of a short-term conflict.
Indian Finance Minister Nirmala Sitharaman is likely to skip her planned visit to the US, where she was expected to attend World Bank and IMF meetings, as Parliament reconvenes to fast-track a women's quota bill.
Global food commodity prices rose in March for the second consecutive month, driven by higher energy and fertilizer costs linked to the Near East conflict, according to the FAO. This comes as leaders from the World Bank, IMF, and World Food Program have warned that these increases will inevitably lead to higher food prices and reduced access to food worldwide.
The World Bank has stated that Malaysia does not need economic stimulus despite the ongoing crisis in the Middle East, providing an assessment of the nation's financial resilience.
Citing climate pressure, geopolitical factors, and the need for reliable energy, the World Bank has lifted its long-standing veto on nuclear energy, marking a significant policy shift after decades of rejection.
According to the World Bank, Thailand is among the most susceptible countries in the region to an oil shock, which could potentially reduce household income by 3-4%.
The International Monetary Fund, World Bank, and UN's World Food Program have jointly stated that ongoing conflicts are significantly exacerbating global food insecurity.
Pakistan's government is seeking a $1 billion climate loan from the Asian Development Bank, while the CDWP has deferred a $40 million World Bank project due to exorbitant rates for furniture and laptops.
The World Bank has projected that Vietnam and Thailand are expected to face the most significant economic challenges among the ASEAN-5 nations by 2026.
The World Bank has issued a warning that Thailand's economic growth is stagnating, primarily due to the impact of an energy shock and ongoing trade uncertainties affecting the region.
World Bank President Ajay Banga has publicly defended the institution's involvement and role on former President Trump's Board of Peace.
The heads of the International Energy Agency, International Monetary Fund, and World Bank are scheduled to meet next Monday to discuss the ongoing global energy crisis.
The World Bank is overseeing the construction of a 435 million fishing pier in Ouakam, a project aimed at developing local infrastructure.
The World Bank is engaged in discussions aimed at strengthening Uzbekistan’s financial stability and economic resilience.
The Nigeria Sovereign Wealth Fund (NSIA) and the World Bank are collaborating to finance major power and port infrastructure projects across Nigeria, with plans to launch a Nigeria Infrastructure Finance Guarantee Platform.
Lagos State has pledged transparency in the implementation of its $500 million Lagos HOPE programme, a World Bank-backed initiative designed to enhance public services.
Edin Forto, Minister of Communications and Transport of Bosnia and Herzegovina, met with World Bank representatives to discuss key infrastructure projects, including the Šćepan Polje bridge, with works expected to begin before summer, and a focus on railway development.
Pakistan's government is developing a new power tariff structure for industrial consumers, aiming to encourage daytime operations and reduce peak evening consumption, and is seeking World Bank support for the initiative.
Global waste production is increasing significantly faster than previous forecasts, with World Bank experts warning that without radical changes, the world will generate 4 billion tons of waste annually by mid-century, indicating an uncontrolled situation.
The World Bank approved a $2 billion loan for Türkiye to support the construction of a new railway line across the Bosphorus, which is set to become the country’s largest foreign-financed project.
The World Bank Group has debarred three African PricewaterhouseCoopers (PwC) entities for 21 months due to collusive and fraudulent practices linked to a major Ethiopia-Kenya electricity project.
Tunisia is enhancing its social protection programs for vulnerable families with new support from the World Bank.
The World Bank has approved a 40 million euro loan to Montenegro to enhance its waste management system and establish a regional center in Nikšić, including the remediation of a waste dump in the KAP zone. This follows successful negotiations.
The World Bank has approved an additional financing package of $90 million for Tunisia, providing further support to the country.
The World Bank Group announced it will provide financial assistance to client governments in the Middle East to help them address challenges arising from the ongoing conflict, including significant cost increases.
A regional conference on the internationalization of higher education in the Western Balkans and Southeast Europe was opened in Skopje, organized by the Regional Cooperation Council (RCC), the World Bank, and North Macedonia's Ministry of Education and Science.
An article critiques the World Bank's credibility in the ongoing debate surrounding industrial policy.
Gunmen have robbed and shot dead a Point-of-Sale operator in the World Bank area of Owerri, Imo State, attacking the victim at his business location.
Kenya is bidding for Sh16 billion in World Bank funds to curb land fraud, following warnings from the US about a surge in fake title deeds in the country.
The former Features Editor of THISDAY, and World Bank Group consultant, announced the publication in a statement shared with PREMIUM TIMES on Friday. The post Journalist Adeola Akinremi publishes…
The World Bank has approved an 18 million euro loan for Montenegro's "Forests for Common Prosperity" project, aimed at modernizing forestry information systems, boosting the wood processing industry, and combating illegal logging.
The World Bank Group has committed to investing over $3 billion in Ghana’s economy to boost growth, with a focus on key sectors such as agriculture, energy, education, and private sector development.
Over 100,000 children and 15,000 teachers in 290 Moldovan schools and kindergartens will benefit from new digital equipment and furniture, funded by a World Bank project to strengthen educational infrastructure.
Paschal Donohoe, Managing Director of the World Bank Group, called for a fundamental shift in education systems to prepare young Africans for the labor market, addressing a growing mismatch between skills and employment opportunities.
The World Bank Vice President visited Bangladesh, pledging support for job creation and inclusive economic growth initiatives in the country.
The Parliament of Ghana, in collaboration with the World Bank and the UK's Foreign, Commonwealth, and Development Office (FCDO), organized a two-day capacity-building workshop for the Parliamentary Press Corps to enhance financial reporting skills.
The World Bank has committed approximately $300 million to support Ghana's upcoming Secondary Education Transformation for Results and Jobs initiative, a program designed to improve learning outcomes and expand employment prospects.
Paschal Donohoe will be a no-show for the Fine Gael campaign to retain his seat in the Dublin Central by-election, leaving his old party without the former finance minister to lean on as it battles…
Objective of the event is to raise awareness about UiWIN; specialists from national and international institutions, including Niti Aayog, World Bank, ADB NABFID, NIIF, IFC and other eminent private financial institutions and banks join the deliberations
A World Bank report sharply criticizes Poland's innovation performance, indicating that Polish companies require more than twice the labor force to achieve the same production output as firms in other countries.
The Nigerian Federal Government has launched the $500 million World Bank-funded Sustainable Power and Irrigation for Nigeria (SPIN) Project, aimed at boosting food production and increasing power generation across the country.
North Macedonian Deputy Prime Minister Nikoloski met with the World Bank in Washington to discuss increasing partnership and support for development projects, particularly in infrastructure and transport, and announced new projects for municipalities.
A World Bank report indicates that Albania is among countries that do not apply unified standards for recruiting talent in the public sector, suggesting that employment is not based on merit.
Macedonian official Aleksandar Nikoloski is in the United States for meetings at the World Bank and the State Department. He is expected to discuss 'Corridors for Sustainable Connectivity,' focusing on strategic pan-European corridors in Macedonia and government-implemented infrastructure projects.
The government also plans to induct 4,000 electric buses into the fleets of various State-run transport corporations as part of the initiative
Neither the World Bank nor the Supreme Court issued an ultimatum to Marcos for his resignation, and he has not been replaced by Vice President Sara Duterte, contrary to the claim
The Ministry of Finance of Thailand, the Bank of Thailand, and the International Monetary Fund have underscored significant progress toward the 2026 IMF-World Bank Group Annual Meetings.
The World Bank is collaborating with Lagos State in Nigeria to address chronic flooding issues, focusing on enhancing disaster management and emergency response capabilities.
The World Bank has issued a warning about an impending jobs crisis, stating that 1.2 billion young people face a shortfall of 800 million jobs, and has proposed a strategy to boost employment and stability.
The World Bank-assisted Immunization Plus Malaria Progress by Accelerating Coverage and Transformation Services (IMPACT) project, in collaboration with the Taraba State Primary Health Care Development Agency (TSPHCDA), has launched a statewide distribution of medical equipment and motorcycles for Monitoring and Evaluation (M&E) across all 16 local government councils. The post Taraba, World Bank strengthen primary healthcare with statewide logistics distribution appeared first on Vanguard News.
The Ajoke Ayisat Afolabi Foundation, the CSR arm of SIFAX Group, in partnership with the World Bank, have trained over 90 students of State Senior Secondary School, Oyewole, Agege, in Orile Agege Local Government Area of Lagos State. A statement signed by Head, Corporate Communications, Sifax Group, Olumuyiwa Akande, said the training aimed at empowering Read More: https://punchng.com/foundation-trains-90-lagos-students-in-tech-skills/
The World Bank's Women, Business and the Law 2026 report indicates a grim global state of gender equality, with no country having fully secured the legal rights for women's complete economic participation.
The World Bank, United Nations, European Commission, and the Ukrainian government estimate that rebuilding Ukraine's economy will cost $588 billion over the next decade, a 12% increase from previous estimates.
Uzbekistan has climbed 43 places in the World Bank Index concerning women's economic rights.
A new report from the World Bank states that workplace equality for women exists nowhere in the world, highlighting persistent global disparities.
Moldovan Energy Minister Dorin Junghietu held meetings in Washington with representatives from the World Bank Group and the Carlyle Group investment fund. The Carlyle Group is reportedly set to acquire Lukoil's assets.
Damjan Ćulafić, Minister of Ecology, Sustainable Development, and Development of the North, met with World Bank representatives to review and prioritize projects in water services and climate change resilience.
Ukraine needs €500 billion to rebuild from the destruction caused by Russia's four-year invasion, the World Bank, UN and EU have revealed.
The World Bank plans to finance a project for 20,000 prosumers in Republika Srpska, with a decision on funding expected in May. The bank may also support the reconstruction of the distribution network and energy efficiency projects for buildings.
The World Bank estimates that Ukraine requires $588 billion for reconstruction following the ongoing conflict with Russia.
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — The World Bank Group is preparing to launch its 2026-2031 partnership strategy with Kazakhstan as the country completes a previous phase of cooperation that delivered 14 projects worth $4.2 billion. The new framework aims to support Kazakhstan’s transition beyond a state-dominated, resource-driven growth model, said World Bank Country Manager for Kazakhstan and Turkmenistan… The post World Bank Count...
Nigerian opposition figure Atiku Abubakar has criticized President Tinubu's policy direction, referencing a World Bank report that indicates Nigeria's poverty rate has risen to 63%.
The World Bank is reportedly considering mobilizing up to $25 billion in aid to support countries severely impacted by the ongoing conflict in the Middle East.
Two reports on the reconstruction of Grindavik, titled 'Reconstruction of Grindavik – Framework Plan' and 'Advisory Report of the World Bank on the Reconstruction of Grindavik,' are being presented today after being introduced to the government and municipal authorities.
Dr. Arame Tall, leading a World Bank mission, has commended the significant progress achieved by the SENRM Project in Kédougou, Senegal, highlighting its positive impact.
The World Bank has forecasted that India's economy is expected to achieve a growth rate of 6.6% in the fiscal year 2027, indicating a positive outlook.
The World Bank has described the Reserve Bank of India's (RBI) exchange rate policy as 'very consistent' and making 'a lot of sense'.
Σε μια περίοδο έντονων γεωπολιτικών εξελίξεων, ο Πρωθυπουργός Κυριάκος Μητσοτάκης παραχώρησε συνέντευξη στο CNN και τη δημοσιογράφο Κριστιάν Αμανπούρ, όπου τοποθετήθηκε για την εκεχειρία στη Μέση…
'After the war, everyone says they won, but we'll see in two to five years. No one can predict what will happen in Iran.'
The World Bank has revised its economic growth forecast for Romania downwards.
The World Bank has reduced its growth outlook for Sub-Saharan Africa, citing the ongoing Middle East war and highlighting that Ethiopia, in particular, faces rising cost pressures and remittance risks.
The International Monetary Fund (IMF) stated that the ongoing conflict in the Middle East is disrupting lives and livelihoods, and is expected to lead to an increase in food prices globally. This warning followed a meeting on April 8 between leaders of the IMF, World Bank Group, and other programs.
The World Bank has issued a warning that the fallout from ongoing wars is expected to slow global economic growth and exacerbate poverty levels.
The World Bank has issued a warning that the ongoing conflict surrounding Iran is projected to impose significant economic costs on the African continent.
The World Bank has called for urgent economic reforms in Bangladesh to restore macroeconomic stability and boost sustainable growth, highlighting key areas for intervention.
The World Bank has issued a report indicating that developing countries in Europe and Central Asia are facing an economic slowdown.
The World Bank has issued a warning that the recent surge in global oil prices is likely to exacerbate inflation in Nigeria, particularly impacting food prices due to rising global food and fertilizer costs.
World Bank’s Banga sees some degree of lower growth, higher inflation due to war The Straits Times
The World Bank is overseeing the construction of a 435 million fishing pier in Ouakam, Senegal.
The World Bank has issued a warning that the war in Iran and the broader Middle East crisis could lead to global hunger, potentially increasing the number of people at risk from 318 million to 363 million due to rising energy and food prices.
The World Bank has approved a 40 million euro loan for Montenegro to improve its solid waste management system, strengthen institutions, and align with EU standards, including investments in infrastructure and environmental remediation.
The World Bank says it has approved a $500 million credit facility for Nigeria through the International Development Association (IDA) to support the implementation of the Nigeria Sustainable Agricultural Value-Chains for Growth (AGROW) project, aiming to boost productivity, support smallholder farmers, and enhance food security in the country.
The Nigeria Sovereign Investment Authority (NSIA) is collaborating with the World Bank to fund major infrastructure projects in Nigeria, focusing on critical sectors such as power and ports.
The World Bank has approved two projects totaling $332.5 million aimed at enhancing water security and resilience in Tunisia, addressing critical environmental and resource management challenges.
The World Bank, IMF, and IEA have announced the formation of a coordination group to address the substantial energy crises impacting net energy importers and low-income countries due to the West Asia war.
Ukraine has received nearly $1.3 billion from the Japanese government as part of the World Bank's PEACE in Ukraine project.
An analysis explores whether Africa is on the cusp of a new industrialization era, supported by a changed World Bank attitude and the African Continental Free Trade Agreement (AfCFTA), or if this opportunity remains elusive.
The World Bank has approved an additional $90 million in funding for Tunisia's Social Development Promotion Support Project, bolstering efforts to enhance social programs.
The World Bank has collaborated with the Ghana Consulting Engineers Association (GCEA) to offer a four-day intensive FIDIC Condition of Contract Management Training Programme at the Engineering Centre in Accra, Ghana.
The World Bank is expected to approve a $250 million loan to Pakistan, specifically for enhancing resilience and disaster preparedness in the flood-prone region of Khyber Pakhtunkhwa.
The World Bank has approved an additional $90 million in financing for Tunisia, as reported by the Qatar news agency.
Residents of Yaba Community in Idanre, Ondo State, are appealing to Governor Aiyedatiwa to revive abandoned World Bank-funded projects, including key roads and a market, which they accuse the state government of mismanaging.
Paschal Donohoe, Managing Director and Chief Knowledge Officer of the World Bank Group, has reaffirmed the Bank’s commitment to supporting Ghana’s economic recovery, job creation, education, and long-term private sector growth.
Moldova is set to introduce a new electronic public procurement system, a project valued at approximately 63 million lei, funded by an international grant managed by the World Bank, aiming to align with EU standards.
The World Bank reports that Fiji is poised for significant digital transformation, though certain gaps and challenges still need to be addressed.
Experts suggest more is expected of ICPAK following World Bank bans that are putting the audit industry on trial.
The World Bank has banned PwC's Kenya, Rwanda, and Africa units due to fraud uncovered in an Ethiopia power project.
The World Bank has expressed its readiness to support Cambodia's long-term development vision for 2050.
The Majority in Ghana's Parliament has assured the World Bank Group that it will hold its own administration accountable, emphasizing strict oversight as key to sustaining economic gains.
Norway will provide US$200 million in budget support to Ukraine, with the funds channelled through the World Bank's PEACE programme to support the state budget.
The World Bank states that developing countries are pursuing industrial policies more aggressively than richer nations, but many rely too heavily on blunt tools like tariffs and subsidies, which are unlikely to be effective.
The World Bank Group has cautioned that an estimated 1.2 billion young people are expected to enter developing nations' labor markets in the next decade, raising concerns about a growing global employment gap as many may lack necessary skills.
The International Finance Corporation (IFC), a member of the World Bank Group, has advised Indonesia to focus on fostering more productive firms to enhance its economic growth and development.
World Bank Managing Director Paschal Donohoe has praised Ghana's significant progress in stabilizing its economy, following a meeting with Finance Minister Dr. Cassiel Ato Forson, noting remarkable improvements.
World Bank Allocates US$10.6M to Upgrade Uzbekistan Gas Networks UzDaily
The World Bank Group Managing Director, Mr. Donohoe, is scheduled to visit Ghana and Liberia to meet with their respective presidents and hold high-level discussions with government officials on key development priorities.
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — Kazakhstan climbed 13 positions in the World Bank’s Human Capital Index Plus (HCI+), ranking 42nd out of 161 countries by the end of 2025, reflecting progress in education, health, and long-term economic potential. According to the World Bank, Kazakhstan scored 230 points in the HCI+ index, outperforming several countries in Europe, Asia, and… The post Kazakhstan Rises 13 Places in World Bank Human C...
The World Bank warns developing countries like Nigeria against cutting public sector jobs, cautioning it could weaken essential services and development. Read More: https://punchng.com/wbank-warns-nigeria-others-against-job-cuts/
The Nigerian government has officially launched the $500 million SPIN project, a World Bank-backed initiative designed to significantly boost irrigation, power generation, and food security across the country while also enhancing dam safety.
The World Bank has allocated an additional $50 million to Tunisia to enhance the country's capacity for disaster resilience.
Mark Carney is expected to advocate for Keir Starmer to support joining a proposed 'world bank for defence'.
The World Bank has committed an additional $50 million to Tunisia's fund dedicated to enhancing flood resilience, supporting efforts to mitigate the impact of natural disasters.
Liberia's anti-graft agency has cleared the chairperson of the country's fishery agency of fraud allegations related to World Bank funds, after she had sued the government over alleged rights violations.
Tunisia is enhancing its urban flood protection efforts with financial and technical assistance from the World Bank.
Kazakhstan plans to attract financing from the World Bank for several large infrastructure and development projects, including roads, rail, and energy.
Romanian Finance Minister Alexandru Nazare stated that Romania is not facing a crisis but a paradigm shift, moving from a consumption-based economy to one driven by competitiveness, during a debate organized by the government and the World Bank Group.
President John Mahama has announced major strides in stabilising Ghana’s energy sector, revealing that government has fully repaid a $500 million World Bank guarantee and cleared outstanding gas debts owed to key partners.
Nigeria’s Finance Minister reports that 9 million of the poorest households received direct cash transfers under a World Bank-backed reform program. Read More: https://punchng.com/cash-transfers-reached-nine-million-poorest-households-in-nigeria-edun/
World Bank invests in Zetrix AI The Star
The projected cost for Ukraine's economic recovery over the next decade has increased by 12% to approximately 500 billion euros, according to joint estimates by the World Bank, UN, European Commission, and the Ukrainian government.
A joint report by the World Bank, UN, European Commission, and the Ukrainian government estimates that Ukraine will require approximately $588 billion for economic reconstruction over the next decade.
The World Bank has identified human capital development as a crucial factor for Nigeria to achieve its ambitious goal of a $1 trillion economy.
The World Bank has issued a warning to Thailand regarding an impending labor crisis and recommended upskilling the workforce in AI to address future challenges.
The World Bank is set to provide Mozambique with US$6 billion over five years to support job creation and foster economic growth in the country.
Kuwait's Finance Minister held a meeting with World Bank officials to discuss and strengthen cooperation between Kuwait and the institution.
The World Bank, United Nations, and European Commission announced that the reconstruction of Ukraine's economy is estimated to cost $588 billion over the next ten years.
The World Bank's Board of Executive Directors has approved an $846 million IBRD guarantee to mobilize $1.41 billion in long-term commercial financing for rail connectivity and logistics in Kazakhstan.