More: World Bank
World Bank Pledges US$12 Billion For Africa’s Vaccine Purchase
The World Bank has expressed readiness to commit US$12 billion as concessional loans to assist African countries access foreign vaccines.
During a virtual meeting on...
World Bank Group and CES Announce Global Tech Challenge Winners
World Bank Group and CES announced the winners of the Global Tech Challenge at CES®2021.
The result of a partnership between the Consumer Technology Association...
Global Economy to Expand by 4% in 2021
The global economy is expected to expand 4% in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. A recovery, however,...
Benchmarking Infrastructure Development 2020
A new World Bank report evaluates how well developing-country governments fare in setting the regulatory stage to prepare, procure, and manage large infrastructure projects....
World Bank Group Sanctions Two Chinese Engineering Companies for 18 months
The World Bank Group today announced the 18-month sanctions of China National Electric Engineering Company Limited (“CNEEC”) and its wholly owned subsidiary, China Electric...
World Bank Project to Boost Household Access to Affordable Energy
Today, the World Bank Board of Directors approved $150 million in financing to improve access to modern energy for households, enterprises, and public institutions in Rwanda and to...
CAR: World Bank Group launches New Country Partnership Framework
Today, the World Bank Group Board of Executive Directors discussed a new five-year Country Partnership Framework to support the Central African Republic for FY21-FY25. A $50-million grant from the International Development Association...
Close collaboration while socially distant: A multi-sectoral response to COVID-19 in Haiti
The World Bank is supporting several key initiatives in Haiti to mitigate the impact of the COVID-19 pandemic. In addition to emergency health financing,...
Productivity Growth, Key Driver of Poverty Reduction, Threatened by COVID-19 Disruptions
Productivity growth, a force that has contributed to lifting millions of people out of poverty in developing countries, will need substantial support from policymakers...
How to Develop a National Green Taxonomy for Emerging Markets
The World Bank today published a guide outlining the processes that financial regulators can use to develop a green taxonomy. The publication Developing a...