The 17th BRICS Summit concluded yesterday in Rio de Janeiro, marking a pivotal moment in the bloc's history. The summit was attended by ten partner countries, significantly expanding BRICS's global ...

East African Community (EAC) and Intergovernmental Authority on Development (IGAD) Unite to Break Barriers in Cross-Border ...

The Government of Ethiopia and the World Bank have signed a Financing Agreement amounting to USD 1 billion under the Second ...

The trial marks the first time a neighbouring country is using the grid in Kenya to evacuate power (via wheeling) from a ...

The Kenyan government has announced a new World Bank-funded infrastructure project to install a high-capacity fibre optic cable along the Isiolo–Mandera corridor, aiming to boost digital connectivity ...

According to a World Bank press release issued today (19 June), the initiatives include the Energy Sector Security Enhancement Project and the Bangladesh Clean Air Project, which collectively seek to ...

The World Bank's Board of Executive Directors has approved $250 million in financing to strengthen public sector performance in Bangladesh by enhancing transparency, accountability and efficiency ...

— China’s economy maintained growth momentum in early 2025, with real GDP expanding by 5.4 percent year-on-year in the first quarter. Policy support helped boost consumption and spurred a pickup in ...

The World Bank is ending its long-standing ban on providing funding for nuclear energy projects - and will be open to supporting efforts to extend the life of existing reactors and accelerate the ...

The US, the largest shareholder in the World Bank, has been advocating for an end to the nuclear funding ban. This stance aligns with President Donald Trump’s withdrawal from the 2015 Paris Climate ...