World Bank Group, African Development Bank initiative could halve the number of people in Africa living without electricity access WASHINGTON, April 17, 2024 – The World Bank Group and African ...

President and CEO at Mastercard Ajay Banga (L) and CEO at the World Bank Kristalina Georgieva speak on stage at the 8th Annual Women In The World Summit at Lincoln Center for the Performing Arts in ...

Jin Liqun, the first president of the AIIB, talks international cooperation, infrastructure, and investment in an interview ...

KATHMANDU, December 6, 2023 – The World Bank and the Asian Development Bank (ADB) announced collaboration to strengthen Nepal’s hydropower sector specifically in the context of the proposed Upper Arun ...

World bank funding targets MSMEs nationwide, expanding affordable credit access for women led firms and agribusinesses ...

As the world faced a host of intertwined challenges – from climate change, pandemics, fragility, geo-political tensions, to debt distress – the World Bank Group changed to become a better and bigger ...

The World Bank has approved $700 million in financing for Pakistan under the PRID-MPA programme to support economic stability ...

WASHINGTON, Oct 25 (Reuters) - The World Bank will launch its first ever debt-for-development swap within weeks, its Vice President and Treasurer Jorge Familiar told Reuters, as the Washington-based ...

Ned Rauch-Mannino is a Visiting Fellow for The Heritage Foundation’s Douglas and Sarah Allison Center for National Security. MDBs can be a strategic soft power tool in support of America’s “peace ...

Development finance has evolved over the past decades, and is poised to undergo significant changes in the years ahead. What lessons from the past can help shape a stronger, more resilient global ...

Created in the aftermath of World War II, the World Bank and the International Monetary Fund (IMF)—referred to here as the Bretton Woods institutions—have played an important role in the international ...