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East Asian countries led economic recovery in last quarter of 2020

Without the resilience of the economies of East Asia and the Pacific, there would have been no global trade recovery at the end of...

Nigeria to Improve Electricity Access and Services to Citizens

The World Bank approved $500 million to support the government of Nigeria in improving its electricity distribution sector. The project will help boost electricity...

COVID-19 Pandemic Pushes Rwanda into Recession, Severely Impacts Human Capital

The Rwandan economy has fallen into its first recession due to the COVID-19 (coronavirus) pandemic and could potentially compromise years of gains in poverty...

Cooling La Niña is on the wane, but temperatures set to rise

Temperatures in almost all parts of the world will likely rise between now and April despite the cooling influence of the latest La Niña...

Young change-makers will power circular economy innovation in hubs around the world

To achieve the Sustainable Development Goals by 2030, a new circular approach is needed to transform the goods and services we have and the...

World Bank Helps Bangladesh Expand Electronic Public Procurement

The World Bank today approved $40 million to help Bangladesh increase the coverage of electronic government procurement (e-GP) with new features to respond to...

New COVID-19 variants raise questions around vaccines

The emergence of new coronavirus variants has raised major questions around whether currently available vaccines will be effective against them, the head of the...

New ICC ruling ‘opens the door’ for justice in occupied Palestine

The ruling of the International Criminal Court (ICC) that is does have jurisdiction over grave crimes committed in occupied Palestinian territory is a “significant...

Post-Brexit: Will it be worth forming and running a UK company?

Brexit negotiations have been progressing along a very turbulent road, leaving many British entrepreneurs confused about the value to be had from forming and...

Better use of energy taxes could strengthen developing country finances

Developing countries could raise much-needed public revenues, while cutting emissions and air pollution, by making better use of energy taxes and reducing energy subsidies,...

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