Three firms, including two based in Kenya, have been banned from all World Bank-financed projects for 21 months over fraud and collusion in a Ksh149.8 billion electricity scheme.

The World Bank has barred PricewaterhouseCoopers LLP network affiliates in Mauritius, Kenya and Rwanda from providing professional services for projects it finances for 21 months.

The Full Mutual Reliance Framework (FMRF) is a landmark collaboration between the World Bank and the Asian Development Bank, designed to deepen the two institutions’ collaboration on cofinanced public ...

Washington, Nov. 25, 2025—The World Bank Board of Executive Directors today approved two projects in India that will benefit more than 6 million people by using innovative digital solutions to improve ...

Ukraine and the International Bank for Reconstruction and Development have signed a $246.5 million loan agreement. The funds will be drawn from a fund supported by the government of Japan, according ...

The World Bank has extended support to Nepal’s Clean Air and Prosperity Project to reduce air pollution from industries and ...

In this episode of the People First Podcast, we explore the LEADS program, an innovative World Bank initiative reshaping project design and implementation. Listen to insights from Arianna Legovini, ...

MANILA, Dec 4 (Reuters) - The Asian Development Bank and the World Bank on Thursday launched two Pacific islands projects under a first-of-its-kind cofinancing model that aims to streamline processes ...

The World Bank has long sought to help reduce inequalities between women and men in the transport sector. Since 2017, the institution has further intensified its efforts to help address the challenges ...

Partnership with Twinn bolsters global flood and climate risk management “Our partnership with Twinn highlights Intermap’s dedication to providing top-tier geospatial solutions for critical projects ...

Sri Lanka’s Local Development Support Project (LDSP) empowered 134 local authorities in four lagging provinces to deliver community services. The Local Development Support Project (LDSP) enabled the ...

The World Bank has projected that Nigeria’s economy will grow by 4.4 per cent in both 2026 and 2027, describing the outlook as the country’s fastest pace of expansion in more than a decade. According ...