The World Bank Group and African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030.

Despite their high potential to advance global prosperity, one-half of the world’s 75 most vulnerable countries are facing a ...

Malawi’s economy suffers from a lack of investment and high trade costs due to poor logistics and infrastructure.

The World Bank Group is developing a new corporate scorecard that will track results across 22 indicators—a fraction of the previous 150—to provide a streamlined, clear picture of progress on all ...

In its continued efforts to work better and more efficiently with member countries and the private sector community, the World Bank Group recently announced a major overhaul of its guarantee business ...

Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa. However, the recovery remains fragile due to uncertain global economic conditions, ...

A rural electrification project in Eastern Province, Rwanda. Photo: Rwanda Energy Group In just 15 years, Rwanda has increased its electricity access to 75% from 6% in 2009. This took government ...

WASHINGTON, April 11, 2024 – Croatia’s economic activity continues to show resilience and annual GDP growth at 2.8 percent in 2023 remained well above the European Union average. This is largely due ...

Despite their high potential to advance global prosperity, one-half of the world’s 75 most vulnerable countries are facing a ...

If Croatia implements measures to increase its population’s human capital and economic participation, it could greatly boost its long-term growth. If Croatia can achieve substantial increases in labor ...

WASHINGTON, April 11, 2024 – Economic activity in the emerging and developing economies of the Europe and Central Asia region is likely to slow this year as a weaker global economy, tight monetary ...