Village savings and loans groups or village banks have emerged as the primary source of borrowing for a majority of people to ...

The World Bank Chief Economist for Infrastructure Office (INFCE) produces comprehensive knowledge pertaining to policy and institutional reforms in the areas of Digital Development, Energy, ...

A return-to-office requirement from the World Bank is producing grumbling among its staff, although the development lender is giving employees more money for commuting and childcare.

Stephanie von Friedeburg, as CIO at the World Bank has modernized a department that had suffered from years of under-investment and made good use of new technologies to cut costs and create a more ...

During a high-level meeting at the World Bank office, Governor Yusuf met with Country Director Dr. Ndiamé Diop and senior officials to discuss scaling up interventions across critical sectors.

The Biden administration on Thursday nominated Ajay Banga, a former Mastercard executive who is now vice chairman at the private equity firm General Atlantic, to be the next president of the World ...

The World Bank Group opened today a new office to host shared services in Sofia, Bulgaria to provide corporate and technology support to the Group’s business operations around the globe.

The bank also lopped 0.4 percentage points off its forecast for global growth this year. It now expects the world economy to expand just 2.3% in 2025, down from 2.8% in 2024.

Topline World Bank President David Malpass announced Wednesday his plan to step down in June, nearly a year before the end of his five-year term, following a recent controversy over climate change ...

The World Bank’s board of governors on Wednesday elected former Mastercard CEO Ajay Banga to a five-year term as president, ushering in an Indian-born finance and development expert to revamp ...