On March 18, 2026, Dr. Osmond Martinez, Minister of State in the Ministry of Economic Transformation hosted Erwin De Nys, Manager of Environment of Latin America and the Caribbean, the World Bank in ...

Singapore-based energy developer Sinolam International has filed for arbitration before a World Bank international court ...

Project is expanding grid access and has installed so far 150,000 meters and 20,000 streetlights, connecting nearly 145,000 ...

Fed Chair Jerome Powell said Wednesday that it’s too soon to predict the long-term impact of the Iran war on the U.S. economy ...

Three firms, including two based in Kenya, have been banned from all World Bank-financed projects for 21 months over fraud and collusion in a Ksh149.8 billion electricity scheme.

The World Bank has barred PricewaterhouseCoopers LLP network affiliates in Mauritius, Kenya and Rwanda from providing professional services for projects it finances for 21 months.

The BOK and nine commercial banks will test its digital won in real-world scenarios, including government payments and consumer transactions across the country.

Zambia is among six countries benefiting in the second phase and has been allocated 70 million United States dollars, for a period of five ...

The World Bank is working with Mozambique to tackle the country's mounting debt challenges, ​a senior bank official said, as its borrowing costs surge, highlighting pressure on its finances against ‌a ...

The Philippine government is moving to downsize the long-delayed Cebu Bus Rapid Transit (BRT) project, requesting the World Bank to cancel a significant ...

Multilateral development banks have emerged as major financiers of green hydrogen production in emerging markets and ...