Effective May 12, 2025, the arrears of approximately $15.5 million due to the International Development Association (IDA) by ...

The World Bank's board of directors has approved a $350 million grant to support a large hydropower storage project in Malawi ...

The World Bank said on Friday it had cleared Syria's $15.5 million in outstanding debt after receiving payments from Saudi ...

The World Bank has commended Ghana for the remarkable progress made under the Gulf of Guinea Northern Regions Social ...

Nigeria has reclaimed 178,235 hectares of degraded land across 19 northern states, a major milestone in the Agro-Climatic Resilience in Semi-Arid Landscapes Project, funded by the World Bank.The $700m ...

PLANS for the world's longest sideways skyscraper have been dealt a "big blow" - while new images showed the audacious project's skeletal building site. Saudi Arabia's trillion-dollar megacity The ...

Although the World Bank has historically been cautious about financing nuclear projects, citing cost, complexity, and safety concerns, the changing energy landscape and urgent development needs ...

Nigeria is set to repay $6.25 million annually over the next 40 years, totalling more than $250 million, excluding interest, for a World Bank loan meant to improve water access in Ekiti, Bauchi, and ...

The KITE and the Khyber Pakhtunkhwa Rural Accessibility Project (KPRAP) are estimated to have a value of USD 30 million and USD 78 million, respectively. The World Bank has sanctioned additional ...

The World Bank warns that the extreme price swings of the 2020s may not be a fluke. Between COVID-19, geopolitical crises, and climate shocks, the boom-bust cycle in commodity markets has become ...

The World Bank has said that prices of Brent crude oil are expected to average just $64 a barrel in 2025—a decline of $17 from 2024—and just $60 in 2026. In its latest Commodity Markets Outlook report ...

Indeed, the World Bank projects that Bangladesh's economy will begin to recover from the following fiscal year. Real GDP growth is expected to rise to 4.9% in FY26, supported by critical reforms aimed ...