The HIPC and related Multilateral Debt Relief Initiative (MDRI) programs have relieved 37 participating countries of more than $100 billion in debt. To date, 37 countries — 31 of them in Africa — have ...
Commodity prices are set to rise 23% in 2026 as global shocks mount, according to the World Bank Group’s latest Commodity ...
Global progress on reducing extreme poverty has come to a standstill, and the world is at risk of falling further behind unless more and better jobs are created, according to the World Bank Group’s ...
A new World Bank Group study examines the unique economic challenge of South Africa’s townships with a special focus on Diepsloot, using innovative approaches and data from new surveys especially ...
— China’s economy maintained growth momentum in early 2025, with real GDP expanding by 5.4 percent year-on-year in the first quarter. Policy support helped boost consumption and spurred a pickup in ...
The war in Ukraine has dealt a major setback to commodity markets, altering global patterns of trade, production, and consumption in ways that will keep prices unusually high through the end of 2024, ...
About The World Bank The World Bank Group has a bold vision: to create a world free of poverty on a livable planet. In more than 100 countries, the World Bank Group provides financing, advice, and ...
The Congo Basin, home to the world's second-largest tropical rainforest, holds immense value for not only the six countries it spans, but for the planet. A new World Bank report reveals the region’s ...
WASHINGTON, March 26, 2024 — The World Bank today released the following statement on Zambia: “The World Bank welcomes the agreement between the Government of the Republic of Zambia and bondholders on ...
About The World Bank The World Bank Group has a bold vision: to create a world free of poverty on a livable planet. In more than 100 countries, the World Bank Group provides financing, advice, and ...
DHAKA, April 23, 2025—Amid increasing uncertainty in the global economy, South Asia’s growth prospects have weakened, including for Bangladesh. A significant decrease in export growth and low ...
Over the past decade, the African Centers of Excellence (ACE) have trained thousands of students in key fields such as health, agriculture, digital technology, energy, and the environment. But behind ...
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