World Bank

BAMAKO — Mali’s economy showed signs of resilience despite Economic Community of West African States (ECOWAS) sanctions, high food inflation, and parasite infestations that affected cotton production. According to the World Bank’s 2023…

DUSHANBE – The Government of Tajikistan and the World Bank signed today a $25 million grant agreement as additional financing to the Tajikistan Emergency COVID-19 Project, which has been supporting Tajikistan’s efforts to respond to the…

ABUJA — The Nigerian government took bold measures to mitigate the effects of the COVID-19 pandemic in 2020 through bold reforms, but the momentum of the reform agenda has waned, undermining Nigeria’s long-term growth prospects, highlights…

COLOMBO  — The Government of Sri Lanka and the World Bank signed a $500 million financing agreement to provide safe, efficient and climate resilient connectivity to strengthen agricultural supply chains through the Inclusive Connectivity…

New Delhi: The World Bank Country Manager Andrei Mikhnev today handed over personal protective equipment (PPE) worth about US$1 million to the Ministry of Health. The PPE, purchased under the World Bank’s Pandemic Emergency Response…

Washington: World Bank Group President David Malpass today announced the appointment of Indermit Singh Gill as Vice President for the Equitable Growth, Finance and Institutions (EFI) Global Practice Group, which supports clients…

New Delhi: The World Bank Group today announced the thirteen-month debarment of Germany-based Ferrostaal Oil & Gas GmbH (“FSOG”), an international engineering, procurement, and construction contractor for oil, gas, and other industrial…

The World Bank Board of Directors today approved a US$40 million loan for Ecuador in the framework of a project to improve living conditions, contribute to the recovery following the Covid-19 pandemic and address barriers to education and…

The World Bank will provide advisory support to Bulgaria in its overall efforts to prepare for a managed decarbonization process, as part of the European Union’s Green Deal. A contract for the provision of Reimbursable Advisory Services to…

The World Bank Board of Directors today approved a US$500 million loan to guarantee the continuity of and access to basic infrastructure services for the most vulnerable groups in Colombia. The financing will also promote the development of…