The World Bank's International Finance Corporation on Friday approved a loan and investment worth up to $250 million in a polysilicon manufacturing project in Oman for solar power applications, over ...

The World Bank is considering securitizing some of the projects it’s backing to attract more private funding as it prepares ...

The World Bank said on Tuesday that the global economy remained in a “precarious state” and warned of sluggish growth this year and next as rising interest rates slow consumer spending and ...

Development Policy Operations are financing instruments designed to support policy and institutional reforms that foster ...

The fund is targeting the development of at least 25,000 homes in the affordable and mid segments, while keeping with green ...

The World Bank could be open to funding gas projects in Mozambique to ensure greater energy access if the costs are the cheapest among energy sources, Victoria Kwakwa, World Bank Vice President ...

The World Bank on Wednesday said it expects energy prices to decline by 11% in 2023 after this year's 60% surge following Russia's invasion of Ukraine, although slower global growth and COVID ...

The World Bank projected Thursday that agricultural commodity prices will fall by 5% this year, driven in part by better-than-expected global wheat production, and stabilize in 2024.

The World Bank has maintained its focus on climate change and gender equality issues in the Pacific, managing director of ...

The World Bank projects global growth will come in at just 1.7% this year — a sharp slowdown.

The World Bank’s sister organisation, the International Finance Corporation (IFC), is also heavily investing in Nigeria, with $2 billion dedicated to supporting businesses. Their focus is on ...

World Bank plans securitization to attract private funding for development projects in poorest nations, speeding up progress.