The International Finance Corporation (IFC), a member of the World Bank Group focused on the private sector, has launched a risk-sharing initiative to help banks, fintechs, and other financial ...

The international financial institution said the seven-year bond will support its goal to “mobilize capital for sustainable ...

Bungling World Bank bureaucrats lost track of at least $24 billion bankrolling the battle against climate change, according to a bombshell report by a left-leaning charity group. An investigation by ...

Conflict with Israel derails Lebanon’s economic recovery as inflation and consumer prices rise, the global lender says.

The World Bank said the Israel-Hezbollah conflict has severely disrupted Lebanon's fragile recovery, predicting a 6.4% contraction in the economy.

The World Bank has said Nigeria's financial system is failing to channel sufficient credit to businesses with the greatest potential to create jobs, urging banks and development finance institutions ...

This week, world leaders and central bankers will convene in Washington, D.C., for the annual spring meetings of the International Monetary Fund and the World Bank. Both the chaos coursing through the ...

In a significant move to strengthen global public asset management frameworks, the World Bank’s Executive Directors approved the relaunch of the World Bank Reserve Advisory and Management Partnership ...

Nigeria’s Institute of Human Virology Nigeria (IHVN) says the World Bank invested about N1.5 billion in the implementation of ...

Impoverished countries do not have much in common. Half the population of Niger, a landlocked African nation beset by military coups, live in extreme poverty, eight in ten people have no access to ...

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 ...

A range of high-frequency indicators show India’s economy is gaining momentum, said World Bank Executive Director Neelkanth Mishra, pushing back against skepticism over whether strong headline growth ...