The World Bank Group today announced the appointment of Tsutomu Yamamoto as Managing Director of the Multilateral Investment Guarantee Agency (MIGA), home of the World Bank Group Guarantee Platform.

In 2024, Belize, a small Caribbean country grappling with increasing climate risks that strain its economy, gained access to concessional financing from the World Bank’s International Development ...

In the heart of the Pacific Ocean, on a narrow atoll barely rising above the sea, sits one of the most remarkable pieces of infrastructure in the world, not because it is the largest, or the busiest, ...

Over the past decade, the World Bank’s Trade Facilitation Support Program (TFSP) has worked with 58 developing countries around the world to transform their trade environments.

For years, Jamaica has been highly exposed to natural disasters, from hurricanes and floods to earthquakes and landslides.

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 ...

The World Bank and Italy today signed an agreement to advance sustainable development in Africa, complementing the country’s recent contributions to multilateral development and increasing its ...

Economic growth in Sub-Saharan Africa is showing some resilience despite uncertainty in the global economy and restricted fiscal space. Regional growth is expected to reach 3.5% in 2025 and further ...

An updated joint Rapid Damage and Needs Assessment estimates that as of 31 December 2024, the total cost of reconstruction and recovery in Ukraine is $524 billion over the next decade.

Discover how IDA is helping expand access to clean, safe water across Central Asia through projects in the Kyrgyz Republic, Tajikistan, and Uzbekistan.

Roughly 600 million people in Sub-Saharan Africa lack access to electricity. Energy access is a lifeline for people, helping drive economic opportunities, boosting job creation, and improving ...

The report draws on the latest available data and analysis to assess the ongoing impact of the conflict to the Palestinian economy.