The World Bank is reconsidering its ban on financing upstream projects amid a push to bolster the power sector.

The World Bank and the United Nations nuclear watchdog on Thursday launched a new agreement to cooperate on the safe development and financing of nuclear power for developing countries, including ...

The goal of ending extreme poverty around the globe remains elusive partly due to compounding challenges faced by economies in fragile and conflict-affected situations (FCS) including food ...

Pakistan and the World Bank reaffirmed their development partnership during high-level consultations in Washington, D.C., with both sides committing to the effective implementation of the newly ...

The World Bank has approved $146 million for the recovery of Syria's electricity sector. "The Syria Electricity Emergency Project (SEEP) will rehabilitate damaged transmission lines and ...

Rafael Mariano Grossi, Director General of the International Atomic Energy Agency, and Ajay Banga, President of the World Bank Group, sign a partnership agreement to collaborate on the safe, secure ...

Extreme poverty is rising fast in economies hit by conflict and instability, according to the World Bank's first comprehensive report on FCS economies since the COVID-19 pandemic.

IFC and World Bank approve $700 million loan for Pakistan's Reko Diq mining project, boosting country's resource development sector.

The minister appreciated World Bank’s support, particularly during critical challenges, including the Covid-19 pandemic and devastating 2022 floods.

Extreme poverty is surging in Nigeria and other conflict-ridden nations, warns the World Bank. Conflict, instability, and economic downturn fuel the crisis, pushing millions into poverty.