Energy prices are projected to surge by 24% this year to their highest level since Russia’s invasion of Ukraine in 2022, as ...

New global platform aligns country reforms, financing, and partnerships to scale delivery WASHINGTON, April 15, 2026—The World Bank Group, in partnership with multilateral development banks, ...

Across the region, the World Bank Group is supporting country-led reforms, strategic investments, and initiatives to strengthen power systems. In the Kyrgyz Republic, Tajikistan, and Uzbekistan, the ...

NAIROBI, November 24, 2025 — Kenya’s economy is projected to grow by an average 4.9% between 2025 and 2027, an increase from previous estimate. However, fiscal pressures are intensifying, with the ...

The World Bank’s Digital Progress and Trends Report 2025: Strengthening AI Foundations shows that AI is gaining momentum in developing countries and driving opportunities for growth, but progress ...

WASHINGTON, November 19, 2025 — The World Bank, in coordination with the Inter-American Development Bank (IDB), estimate that the physical damage to Jamaica caused by Hurricane Melissa totals US$8.8 ...

The path forward requires bold action to transformative solutions that leverage the region’s vast resources for growth and prosperity. But turning that potential into real, inclusive progress means ...

WASHINGTON, October 7, 2025 – Sub-Saharan Africa’s economy remains resilient, with growth projected to reach 3.8 percent in 2025, up from 3.5 percent in 2024. This acceleration reflects easing ...

FundsChain, a blockchain-based platform, enables the World Bank to improve traceability, accountability, and streamline operations when tracking the use of funds. Key features include tamper-proof ...

The World Bank updated the global poverty lines in September 2022. The decision, announced in May, follows the release in 2020 of new purchasing power parities (PPPs)—the main data used to convert ...

NAIROBI, June 30, 2025—Somalia’s economy continued its overall strong performance in 2024, with growth at 4.0 percent supported by improved performance of agriculture, enhanced private consumption ...

NAIROBI, May 27, 2025—Kenya’s public debt remains at high risk of distress, with interest payments absorbing about a third of tax revenue. Reforms to strengthen fiscal sustainability in an equitable ...