World Bank Group President Ajay Banga and Asian Development Bank (ADB) President Masato Kanda today announced the first two Pacific projects to be delivered under the Full Mutual Reliance Framework, ...
Developing countries saw record $741B debt outflows in 2022–2024. World Bank’s new report shows rising costs, record restructurings, and mounting risks.
In Dédougou, a small city in western Burkina Faso, Fatimata Ouarme leads Sanigna. Her small enterprise of 15 workers transforms baobab fruit pulp—prized for its tangy flavor and rich nutritional value ...
NOUAKCHOTT, November 24, 2025 - Achieving Mauritania's ambition of becoming an upper-middle-income country by 2050 will require accelerated economic diversification, according to the World Bank ...
The World Bank’s Digital Progress and Trends 2025 report explores how AI is reshaping economies and societies, highlights ...
Artificial Intelligence presents a timely and powerful tool to help reimagine agricultural transformation in ways that are more productive, sustainable, and inclusive. This report presents a ...
Creating Jobs, Growing Economies ...
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 updated the global poverty lines in September 2022. The decision, announced in May, follows the release in 2020 of new purchasing power parities (PPPs)—the main data used to convert ...
This transformation required resilience, reinvention, effective public policy, and entrepreneurial spirit. As the government launched its development plan in the 1960s, which became the blueprint for ...
As Hersio Abdulle Siad, a Somali mother of 14, grew her business from a street stall to a distributor of fruits and vegetables, she had to overcome not only considerable economic woes, but the impact ...
New trends in global trade—especially the rise in services, global value chains, and the digital economy—are opening up important economic opportunities for women. Trade has the potential to expand ...
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