The Heads of the International Energy Agency, International Monetary Fund, World Bank Group and World Trade Organization met on May 28 as part of the high-level coordination group established in April ...

Water drives over half of Mozambique's economy, 90% of exports, and 84% of jobs—yet floods and droughts cost 6.7% of GDP each year. A new World Bank Water Security Diagnostic and the ProAguas Compact ...

In response to a widespread and worsening water crisis, countries in the Middle East and North Africa (MENA) are taking strong steps to ensure a water-secure future for their citizens. In the process, ...

New commitment will bring annual guarantee issuance on the continent to $6.4 billion, aiming to improve the lives of some 190 million people by 2030 ...

The signatory Multilateral Development Banks (MDBs) are responding to requests for support from countries and clients to help address the heterogeneous and compound impacts from the conflict in the ...

The English version is the official governing document. As a courtesy, Corporate Procurement makes available various translations of the Terms and Conditions documents.

(05/04/2026) The energy price index rose 12.1% in April, driven largely by crude oil (+8.7%). The non-energy index grew 3.2%, with food prices edging up 1.5% and fertilizer prices jumping 14%.

The World Bank updated the global poverty lines in September 2022. The decision, announced in May, follows the release in 2020 of new purchasing power parities (PPPs)—the main data used to convert ...

The Cambodia Poverty Assessment 2022: Toward a More Inclusive and Resilient Cambodia shows the country has made remarkable progress in reducing poverty over the past decade, but that some recent gains ...

The global economy has stabilized, but developing economies still face a tougher slog ahead. As countries work to promote growth and drive sustainable development, one key piece to success is ...

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 ...

River in Gabon. Credit: Odilia Hebga / World Bank. Gabon's economy grew by an estimated 2.9% in 2024, but a modest growth has limited job creation increasing poverty. Lower oil revenues and higher ...