The Latest Breaking News from World Bank

A recent World Bank report revealed the need to invest $4.5 trillion annually in urban infrastructure, indicating that making it low-carbon and climate-resilient requires increasing investment by 9% to 27%. The World Bank’s recommendation comes at a time when a UN forum under the theme of “Transforming Our Cities for…

Experts say the 6.15km bridge, built at a cost of nearly $4bn, will connect the southwest of the country to Dhaka.

Afghanistan’s deadliest earthquake in more than two decades took place on June 22, 2022, killing more than 1,000 people and injuring at least 1,600. The disaster struck a remote mountainous region and came at a time when millions of Afghans are experiencing severe poverty and hunger. Since the Taliban, which…

There is no doubt that globalisation has benefited Africa greatly. This includes job creation, innovation, increased productivity and foreign direct investment.

'The military exploits [natural resources] as they like, and we do what we like," says Myint, who lives in Khamti township in north-western Sagaing region -- one of the sites with the most clashes between the Myanmar military and resistance forces. "Everyone knows that one day there'll be no more…

Food and fuel price increases and the aftermath of the COVID pandemic are really just the start of the story when it comes to fiscal shocks which have exacerbated government debt vulnerabilities in Africa.

Mangroves ring the shores of many of Indonesia’s more than 17,000 islands. But in the most populated areas, the world’s largest mangrove forests have been steadily whittled away, and with them, the ability to store blue carbon.

Lebanon, Egypt and Syria have signed an agreement to import Egyptian gas to a power plant in northern Lebanon through Syria

The World Bank has warned of “hidden hunger” resulting from the heightened food insecurity in the West Bank and Gaza Strip. It published a report on Monday expressing concern over the poor nutritional status of the Palestinian population, underlining the high prevalence of micronutrient deficiencies among groups for whom good…