The impact of crime on South Africa’s economic prospects is high and broad-based, according to the South Africa Economic Update World Bank report released today. The report aims to contribute to a ...

PRESS RELEASE August 4, 2026 AI Offers Lifeline to Developing Economies in an Era of Weak Growth ...

The Government of Nigeria avoided a fiscal cliff by implementing bold reforms, including ending the gasoline (premium motor spirit, PMS) subsidy, and shifting to a unified, market-reflective foreign ...

subject:jobs and development subject:social protection and growth subject:digital economy strategy ...

The World Bank is taking bold action to decisively bend the methane emission curve, announcing its intent to launch at least 15 country-led programs in the next 18 months.

How can fragile countries like South Sudan better harness water’s potential to sustain development and stability? A new World Bank report, “Rising from the Depths: Water Security and Fragility in ...

The World Bank has approved a $200 million concessional credit to support Uzbekistan in modernizing its irrigation and drainage infrastructure and improving the quality of irrigation service delivery.

A new World Bank report released today highlights the critical role of the maritime sector in driving economic growth and employment across East Asia and the Pacific (EAP), and calls for urgent action ...

One of the key outcomes of the COP26 climate summit in Glasgow was the approval of Article 6 – the Paris Agreement’s rulebook governing carbon markets. How might Article 6 make a difference in the ...

WASHINGTON, April 17, 2024 – The World Bank Group and African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by ...

Lebanon's real GDP growth has been cut by an estimated 6.6% in 2024 as a result of the conflict, bringing the cumulative decline in real GDP since 2019 to more than 38% by the end of the year, ...

The COVID-19 pandemic has spread with alarming speed, infecting millions and bringing economic activity to a near-standstill as countries imposed tight restrictions on movement to halt the spread of ...