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54 results for "world bank"
The World Bank is celebrating Vietnam's remarkable transformation from one of the world's poorest nations to a thriving middle-income economy in less than four decades. The achievement stands as one of the most impressive development success stories in modern history.
After seven years of frozen ties, the IMF and World Bank are resuming operations with Venezuela, potentially unlocking billions in funding for the economically struggling nation. The move could restore investor confidence and bring fresh resources to millions of Venezuelans.
Ethiopia just secured a major partnership with Italy and the World Bank to strengthen its economy through coordinated financial support. The agreement promises smarter aid delivery tied directly to the country's development priorities.
Ethiopia is securing stronger partnerships with the World Bank and Italy to support its ambitious economic reform program. The trilateral meeting marks a major step toward coordinated international support for the country's development goals.
A new global initiative aims to deliver safe drinking water to 1 billion people by 2030, tackling a crisis that currently affects one in four people worldwide. The World Bank's "Water Forward" brings together major development banks to transform water systems in countries where millions travel miles daily just to find clean water.
The World Bank just launched a massive initiative to bring safe water to 1 billion people over the next five years. Fourteen countries have already signed on to transform their water systems and protect communities from droughts and floods.
A major clean energy developer just secured World Bank backing to deliver 2.7 gigawatts of renewable power across emerging markets. That's enough clean electricity to power millions of homes while creating thousands of jobs.
In Rwanda's Nyanza District, wetlands once called "Burakari" (meaning "anger") for their destructive floods now yield 5.5 tonnes of rice per hectare. A World Bank project is transforming dangerous floodplains into climate-resilient farms that feed communities.
A new World Bank report reveals how Africa can transform its economy by trading processed goods instead of raw materials. Regional integration could unlock jobs and growth across the continent.
Morocco just secured a half-billion dollar investment to create hundreds of thousands of jobs while supercharging its clean energy future. The World Bank deal targets youth unemployment, women's workforce participation, and breakthrough renewable projects that could reshape North Africa's economy.
Vietnam is turning economic challenges into opportunities, earning praise from the World Bank and regional economists for its resilience. Strong exports, foreign investment, and smart reforms are powering the Southeast Asian nation's rise as a global manufacturing powerhouse.
Argentina is poised to achieve three consecutive years of economic expansion for the first time since 2008, emerging as a bright spot in a struggling region. The World Bank projects 3.6% growth this year and 3.7% in 2026, outpacing neighbors Brazil and Mexico.
A new World Bank report shows Zambia can fight climate change and grow its economy at the same time. Smart investments could protect communities, create thousands of jobs, and lift people out of poverty.
Uganda just secured $540 million from the World Bank to transform 10 cities and 26 municipalities with flood-resistant infrastructure, all-weather roads, and 40,000 new jobs. The six-year program will help both urban residents and refugees build safer, more prosperous communities.
New transit systems and highways are slashing travel times and connecting millions of people to jobs they couldn't reach before. From Brazil to Kazakhstan, better transportation is turning hours-long commutes into quick trips.
The World Bank just approved $540 million to transform Uganda's cities with flood-proof infrastructure while creating 40,000 jobs for youth and refugees. Over the next six years, 5.6 million people including 600,000 refugees will gain access to safer streets, markets, and climate-resilient communities.
The World Bank just approved two projects that will bring reliable clean water to over 2 million Tunisians while creating more than 17,000 jobs. The investment tackles both drinking water and farming needs in a country facing growing water scarcity.
Mozambique is sending 500 mobile teams across the country to register millions of citizens who've never had official identification. For the first time, birth certificates and ID cards will come directly to remote communities at no cost.
After nearly 25 years under communist rule, Romania has slashed its poverty rate to just 6.9% in 2024. The World Bank and local initiatives are helping the country's poorest rural regions access education, healthcare, and economic opportunity.
Nigeria just launched a massive education reform that will train half a million teachers, build 13,000 classrooms, and bring millions of children back to school. The program targets the country's most vulnerable learners with better teaching and real resources.
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