The World Bank Group, together with the African Development Bank, has committed to providing access to electricity to 300 ...

The World Bank Group delivered a record $42.6 billion in climate finance in fiscal year 2024—which covers July 1, 2023 to June 30, 2024—supporting efforts to end poverty on a livable planet, investing ...

The Solomon Islands Country Economic Memorandum Sources of Growth Study emphasizes opportunities to boost growth in the country through digitalization, improved transport connectivity, and better ...

DJIBOUTI, September 19, 2024 — The World Bank’s Board of Directors has approved US$90 million in additional financing for the Horn of Africa Initiative: Djibouti Regional Economic Corridor project.

As countries aim to accelerate the of climate targets for a sustainable future, risks of corruption threaten to undermine results. Corruption has the potential to deviate and deter climate offset and ...

Agriculture is pivotal for Guinea's structural transformation and climate resilience, serving as a cornerstone for inclusive growth and a sustainable future. Conakry, September 19, 2024 - The first ...

On September 17, 2024, the Ministry of Finance of the Kyrgyz Republic and the World Bank launched the Green Budget Tagging Guidelines: A Conceptual Approach. This milestone underscores the country’s ...

Guinea’s GDP growth accelerated to 7.1% in 2023, driven by a strong mining sector notably a 22% surge in bauxite production and a 10% increase in gold exports. Guinea's prudent fiscal management has ...

Washington, September 10, 2024 - The World Bank today approved a US$70 million grant (just over CFAF 41 billion) from the International Development Association (IDA)* to improve access to basic ...

Research shows reform could drive country to upper-middle income status by 2040 HONIARA, September 18, 2024 – A comprehensive and ambitious reform effort could lift economic growth in the Solomon ...