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World Bank Group and Banco Consorcio Mobilize Financing to Expand Access to Housing and Create Jobs

To help expand access to housing finance in Chile and enable more women to obtain mortgage loans, the International Finance Corporation (IFC), a member of the World Bank Group, ann...

World Bank Raises $4B in Sustainable Bond Deal

The World Bank has priced a $4 billion Sustainable Development Bond due in August 2033, drawing more than $11 billion in investor orders. The seven-year benchmark attracted more th...

South Africa signs $1.5bn World Bank loan for infrastructure development

It will help the country confront challenges in electricity supply, freight transport, and water and sanitation services that have long constrained economic growth

World Bank likely to support second phase of Dar es Salaam Port project

The World Bank has commended the Tanzania Ports Authority (TPA) for successfully implementing the first phase of the Dar es Salaam Maritime Gateway Project y(DMGP), which was joint...

World Bank to Invest Ksh13.5 Billion in Five Key Projects in Kenya

The investment comes as some targeted counties continue to face drought stress.

World Bank Investing Billions of Dollars in Industrial Factory Farms

World Bank Investing Billions of Dollars in Industrial Factory FarmsSophie KevanyThe World Bank and other large international development banks say they want to provide sustainable...

World Bank Reforms Kenya Must Complete to Unlock Ksh94 Billion

Treasury CS John Mbadi held talks with World Bank officials on reforms under DPO 8, targeting improved management of public funds.

AI offers ’lifeline’ for emerging economies, World Bank says

World Bank, WTO, Others Call for Strengthening of Food, Energy Security

Oluchi Chibuzor and Erobomhan Jessica The heads of the International Energy Agency (IEA), International Monetary Fund (IMF), World Bank Group and World Trade Organisation (WTO) hav...

World Bank moves to phase out China loans by 2031

World Bank's retreat from climate financing commitments

World Bank now urges focus on projects based on development outcomes, not climate finance labels

South Africa: South Africa, World Bank Sign $1.5bn Loan to Support Infrastructure Reforms

[SAnews.gov.za] The South African government and the World Bank have signed a US$1.5 billion Development Policy Loan aimed at supporting infrastructure reforms and boosting inclusi...

World Bank Pushes Global AI Adoption

World Bank Pushes Global AI Adoption The World Bank is urging developing nations to embrace artificial intelligence or risk falling behind economically, warning that countries whic...

World Bank Investigates Hustler Fund’s Loans and KSh7B Savings

The World Bank, working through the International Finance Corporation (IFC), has started an impact assessment of the Hustler Fund to determine how the credit programme has benefite...

World Bank's role in Oman’s Vision 2040

From the era of how fleets and ancient spice routes to today’s deep-water ports, Oman’s strategic location at the crossroads of the Arabian Sea and the Indian Ocean has long made i...

Multilateral development banks increase climate finance to record $163 billion in 2025, supporting climate-resilient and...

- - • Multilateral development banks' climate finance in low-and middle-income countries jumps 21% to $103 billion last year, according to their new annual report. - • MDB...

World Bank Considers Financing Second Phase of Dar es Salaam Port Upgrade

The World Bank is considering financing a second phase of the Dar es Salaam Port upgrade after the first phase, backed by a USD 345 million credit, reached 85% completion and helpe...

World Bank urges developing countries to embrace AI ‘lifeline’ or be left behind

The World Bank on Tuesday called on developing countries to embrace artificial intelligence technology tools to deliver better governance outcomes, warning that they risked being l...

Flood control corruption cleanup spooks investors, drags PH growth – World Bank

Scrutiny triggered by corruption in flood control projects spoils investor confidence and is a key factor why the World Bank cut its 2026 Philippine growth forecast to 3.7% from 5....

Credit bypassing Nigeria’s job creators — World Bank Official

The World Bank has said Nigeria’s financial system is failing to channel sufficient credit to businesses with the greatest potential to create jobs, urging banks and development fi...

World Bank announces US$60 million project to strengthen Congo’s poultry sector

The World Bank Group has announced US$60 million in financing for a project aimed at strengthening poultry and aquaculture value chains in the Republic of Congo, with poultry produ...

World Bank urges reforms to unlock private sector growth

  By BUUMBA CHIMBULU THE World Bank has urged governments to accelerate reforms that strengthen the private sector, saying competitive businesses will be critical to creating jobs,...

Colombo port to get $40 million funding from World Bank's IFC, HSBC

The investment will enhance the port’s competitiveness, resilience, and sustainability, solidifying its role as South Asia’s top transhipment hub and boosting Sri Lanka’s global ma...

World Bank maintains 2026 Philippine growth forecast at 3.7%

MANILA — The World Bank on Monday maintained its 2026 growth forecast for the Philippines at 3.7% and said the economy’s recovery next year was likely to be slower than previously...