The Latest Breaking News from the World Bank

Ethiopia said it has more than doubled electricity production from its controversial mega-dam on the Blue Nile after two more turbines started operations.

Many commentators believe that the world should move away from measuring economic success in terms of GDP growth. Yes, growth has brought prosperity and untold riches, but it has had significant negative side effects for the planet, including climate change, pollution and species extinction. None of these are captured in…

I see looming political and environmental threats – and too few willing to address them. Where is the urgency, asks former UK prime minister Gordon Brown

Hauling garbage in Mali’s capital, Bamako, can be grim

Ethiopia’s recent macroeconomic reforms, supported by the International Monetary Fund (IMF) and the World Bank, could have profound implications for the country and the region. The key reforms include the use of a floating exchange rate system and of interest rates as a policy tool.

Plastic waste is piling up at a daunting pace around the world. The World Bank estimates that every person on the planet generates an average of 1.6 pounds (0.74 kilograms) of plastic waste daily.

People living abroad are sending more money to their families at home, but how do money transfers work?

Move comes after longtime leader Sheikh Hasina resigned and fled country after weeks of deadly unrest

Young people have taken to streets in Kenya, Uganda and Nigeria amid cost of living crises and lack of jobs

One of the world's foremost economists, Lant Pritchett, has a plan.

Too many nations, including China and India, are relying on outmoded strategies to become advanced economies, says report