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8 Jun
The agency has warned of the risk of 1970s-style stagflation persisting in the coming years amid soaring commodity prices and low growth. Developing countries are expected to be some of the worst hit.
18 May
Ethiopia has agreed a reconstruction and recovery grant with the World Bank, to be used to rebuild basic services in conflict-hit regions of the country.
16 Feb
Developing economies were hit hardest by the global economic recession brought by the pandemic. A looming debt crisis could make things much worse, according to a new report.
8 Oct 2021
African economies are due to emerge from recession this year, but their recoveries remain fragile, according to the World Bank's Africa's Pulse report. Axel van Trotsenburg, Managing Director of Operations at the World Bank, tells FRANCE 24 that rising inflation has led to more food insecurity across Africa. He wants the Covid-19 vaccine rollout to be accelerated in order to get 40 percent of the continent fully vaccinated by the end of the year.
7 Oct 2021
African economies are due to emerge from recession this year, but their recoveries remain fragile, according to the World Bank's Africa's Pulse report. Axel van Trotsenburg, Managing Director of Operations at the World Bank, tells FRANCE 24 that rising inflation has led to more food insecurity across Africa. He wants the Covid-19 vaccine rollout to be accelerated in order to get 40 percent of the continent fully vaccinated by the end of the year.
27 Aug 2021
As Afghan civilian life continues to suffer following the Taliban's takeover, the World Bank is the latest international organisation to suspend dispersements of development funds to the country. This, as western governments increase pressure on the insurgents by squeezing their cash flows, while negotiating a safe exit for people wanting to leave. Also, the "naked baby boy", on the iconic cover of Nirvana's 1991 album "Nevermind", sues the band and record labels for child sexual exploitation.
8 Jan 2021
The World Bank has downgraded its previous prediction for global growth in 2021 to 4 percent. The organisation warned of a subdued recovery that could lag even further if countries do not stem the rise in coronavirus infections and effectively deploy vaccines. The European Union is also starting to look ahead to how to spend its recovery fund – with the largest recipient, Italy, on the brink of political crisis.
26 Nov 2020
Here are a few reasons to pick up a copy of The Guardian on Friday. Find these stories and much more when you grab a copy of The Guardian on Friday.
30 Oct 2020
Here are a few reasons to pick up a copy of The Guardian on Saturday⁣⁣. Find these stories and much more when you grab a copy of The Guardian on Saturday.⁣⁣ ⁣
28 Oct 2020
Lagosians are now living in palpable fear as policemen, officials of Federal Road Safety Corps (FRSC), and Lagos State Traffic Management Agency (LASTMA) have deserted Lagos roads and neighbourhoods for fear of attacks by miscreants.
27 Oct 2020
Here are a few reasons to pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on Wednesday.⁣⁣⁣⁣
26 Oct 2020
Here are a few reasons to pick up a copy of The Guardian on Tuesday⁣. Find these stories and much more when you grab a copy of The Guardian on Tuesday.⁣⁣⁣

Latest

3 mins ago
Find these stories and much more when you grab a copy of The Guardian on Tuesday.⁣
4 hours ago
A small group of women rallied in the Afghan capital for the first time in months, demanding a return of their freedoms, after the Taliban reneged on promises to maintain the marginal gains women made in recent years.
4 hours ago
Europe's second-largest river is continuing to dry up, affecting freight barges and even forcing one passenger ferry to halt its operations entirely. But rain is forecast this week.
6 hours ago
Spaniard Rafa Nadal said Sunday that he hopes to return from an abdominal injury this week in the Cincinnati Open after not playing for more than a month.
6 hours ago
While the fight for supremacy on the battlefield continues, it seems the fight for the hearts and minds of the Russian people may have already been won. Support for the war remains high; so too does indifference. Pollsters are trying to find out why.
6 hours ago
More than three decades after Iran's leader issued a fatwa, Teheran has blamed Rushdie's supporters for the knife attack on the award-winning novelist in the US.