Ajay Banga had spent most of his career in the private sector – as a banker at Citigroup and latterly as the CEO of ...

Highlights,A branch of the World Bank supporting development in the world’s poorest countries.,Offers low or zero-interest loans and grants to stimulate economic growth.,Focuses on poverty reduction, ...

The World Bank has supported CDD in IDA countries to help address a variety of urgent needs, including water supply and sanitation, school and health post construction, nutrition programs for mothers ...

and outward migration from IDA countries numbered 53 million. In Sub-Saharan Africa, intra-regional emigration is close to 70 percent of all emigration, which represents the largest South-South ...

The end of zero-interest loans signifies a shift from ultra-concessional financing. Bangladesh, already facing depleted foreign currency reserves and fiscal constraints, will encounter higher debt ser ...

I think that Elon Musk and his Department of Government Efficiency (DOGE) have been misinformed. I don’t disagree with their shutting down USAID, but I think it’s rather small fry. There are much, ...

The Nigerian government, under Bola Tinubu is set to get six new loans from the World Bank in 2025, bringing Tinubu's ...

The World Bank announced Monday that it had approved a new project designed to improve energy efficiency and expand the use ...

The World Bank says Suriname has signed a novel project to strengthen resilience against environmental shocks. The Washington ...

The Integrated Transport Corridors Project aims to tackle climate-related challenges, especially in coastal regions where over 60 per cent of roads are small ...