The World Bank voted on Tuesday to change its internal lending guidelines, freeing up $30 billion in additional lending ...

WASHINGTON (Reuters) - World Bank President Ajay Banga said on Tuesday that war damage from Israeli strikes on Gaza is now ...

The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since ...

The World Bank approved changes to its lending practices on Tuesday which will unlock an additional $30 billion in much-needed financing for middle-income developing countries.

The World Bank downgraded its economic growth forecast for sub-Saharan Africa as a raging civil war in Sudan stalled activity ...

New Equity-to-Loans Ratio and other measures could enable $150 bln over 10 years WASHINGTON, October 15, 2024—The World Bank Group announced on Tuesday a package of financial measures that will boost ...

The Nigerian currency has been ranked among the worst-performing currencies in Sub-Saharan Africa, moving up two places from ...

The World Bank has approved a $500 million grant to support Nigeria's recovery efforts from the economic impact of the ...

The World Bank has announced a 500-million-dollar grant to support Nigeria’s recovery efforts from the impacts of the ...

Angola will extend a cash-transfer program for low-income families as a weaker currency and sky-high inflation continue to ...

Less than half of working age women in Armenia participate in the labor force mainly due to caregiving responsibilities for ...

Brian Moynihan's warnings over the national debt may be falling on deaf ears, but that isn't going to stop the Bank of ...