The World Bank’s Mission 300 will provide household energy to 17.5 million Nigerians, as officials engage the Federal Government to ...

The World Bank has sanctioned $830 million as loan to support the central government’s Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM SETU) scheme.

The Managing Director of Operations at the World Bank, Anna Bjerde, is in Nigeria for a three-day visit to deepen engagement on accelerating economic growth and job creation.In a statement issued on ...

Risk is all around us, an inherent part of life. And in the world of development, there are also risks, including war, civil disturbance and expropriation. Junaid Kamal Ahmad: When Egypt did in fact ...

The Board of Directors of the African Development Bank (AfDB) ( has approved a new USD 3.9 million, two-year technical ...

The world's population growth tells two stories: in many countries populations are aging, while in others, populations are getting younger. Projections show most countries will likely see shrinking ...

MANILA, Dec 4 (Reuters) - The Asian Development Bank and the World Bank on Thursday launched two Pacific islands projects under a first-of-its-kind cofinancing model that aims to streamline processes ...

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 ...

of bonds backed by loans it gave companies across the developing world, part of its efforts to lure more institutional investors to regions where borrowers have a harder time raising cash. The ...