World Bank Approves $500 Million Program to Strengthen Performance of MSMEs in India
The World Bank’s Board of Executive Directors today approved a $500 million program to support the Government of India’s nationwide initiative to revitalize the...
Zanzibar: New World Bank Financing to Increase Access to Electricity
Nearly 400,000 Zanzibaris will have access to new or improved electricity services, while the isles will also experience a reduction in annual unplanned system...
World Bank Injects $115 Million to Boost COVID-19 Vaccination in Mozambique
The World Bank approved today a $100 million grant from the International Development Association (IDA)* and a $15 million grant from the Global Financing...
Global energy investments set to recover in 2021 but remain far from a net zero pathway
Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last year’s drop caused...
Increased Investment in Zimbabwe’s Tertiary Education Essential to Economic Growth
Extensive reforms are required to translate the government’s education vision into a concrete set of programs and projects to accelerate economic recovery and reduce...
To Slow Himalayan Glacier Melt, Curbing Air Pollution is Key
Black carbon deposits originating from factories, cooking and vehicles are compounding the effects of climate change to speed up the melting of the Himalayan...
Carbon neutral nickel and tokens – Russian Norilsk Nickel 2021
Russian mining giant Norilsk Nickel plans to produce the first batch of carbon neutral nickel this year and is expanding its participation in blockchain...
WEF Jobs Reset Summit: Building Back Broader in the Economic Recovery
The World Economic Forum Jobs Reset Summit 2021 convened over 500 leaders this week from government, business and civil society to shape a new...
Lebanon Sinking into One of the Most Severe Global Crises Episodes
Lebanon is enduring a severe and prolonged economic depression. According to the latest World Bank Lebanon Economic Monitor (LEM) released today, the economic and...
Gender Equality: A Necessary Condition for Promoting Inclusive Growth in Mauritania
Despite a slowdown in economic growth in 2020 as a result of the coronavirus pandemic, Mauritania could increase its wealth by 19% if it...