Coronavirus COVID-19 risk increased to ‘very high’ but containment still possible

Countries must act quickly and robustly to contain the coronavirus COVID-19 epidemic, the World Health Organization said on Friday, as it raised the global risk assessment...

Helping MENA Transition Out of Fragility

The World Bank Group released a new strategy for assisting people and economies in countries affected by Fragility, Conflict, and Violence (FCV). The strategy updates Bank...

Eliminating Extreme Poverty Requires Urgent Focus on Fragile and Conflict-Affected Countries

Urgent action is needed in countries impacted by fragility, conflict and violence (FCV) to end extreme poverty globally, according to the World Bank Group. As crisis...

Somalia To Reestablish Financial Relations with The World Bank Group After Thirty Years

The World Bank Group Board of Executive Directors today moved toward normalizing its relations with the Federal Government of Somalia (FGS) after thirty years. This will...

Colombia Promotes Territorial Development with World Bank Support

The World Bank Board of Directors approved a US$400 million loan today to support Colombian government efforts in regional planning, resource allocation and the coordination and prioritization...

Guterres: Make this the century of women’s equality

The 21st century must be the century of women’s equality, UN Secretary-General António Guterres said on Thursday, in a call to transform the world by ensuring equal participation for all.  Speaking to faculty and students at The New School,...

Roadmaps for developing the pharmaceutical industry in West Africa

A new set of publications comprising a regional reference framework and country-specific roadmap documents has been released to support the development of the pharmaceutical industry in...

World Bank Supports Sustainable and Efficient Power Sector in Tajikistan

The World Bank’s Board of Executive Directors approved today $134 million in grant financing from the International Development Association for the Power Utility Financial Recovery Project...

A UN-backed boost for women-run businesses in the developing world

Many women running small businesses in emerging markets in developing countries have to juggle their business objectives with family obligations and personal savings goals. By supporting...

UN study projects $32 billion loss for UK post no-deal Brexit

The United Kingdom (UK) risks losing up to 14 per cent of its exports to the European Union (EU) in a so-called “no-deal” Brexit, according...

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