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 ...

Since 2023, the Burkina Faso Hydromet Project has supported the installation of 9,700 farmer rain gauges to help rural communities better manage their crop years. With a total $33 million budget, the ...

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The World Bank Policy Research Working Paper Series encourages the exchange of ideas on development and quickly disseminates the findings of research in progress. This series is aimed at showcasing ...

See how mini-grids, grid repairs and solar investment are helping households and businesses power growth across Madagascar.

It is estimated that more than US$400 million was claimed in ransoms for pirate acts between April 2005 and December 2012. 179 ships were hijacked off the coast of Somalia and the Horn of Africa ...

Talip Kilic is the Acting Manager and Senior Program Manager for the World Bank Development Data Group Survey Unit, which houses the International Comparison Program (ICP) – a worldwide statistical ...

Financial sector is the set of institutions, instruments, markets, as well as the legal and regulatory framework that permit transactions to be made by extending credit. Fundamentally, financial ...

According to the World Bank’s latest China Economic Update, Advancing Reforms, Enhancing Prospects, growth is estimated at 4.9% in 2025 and projected at 4.4% in 2026, as existing headwinds are ...

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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 ...

Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy and restricted fiscal space. Regional growth is expected to reach 3.5% in 2025 and further ...