World Bank Group
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News
Ahead of COP30, Africa champions new approach to measuring green wealth of countries and incentivizing climate action
WASHINGTON D.C., April 29, 2025 — African leaders are advocating for a new approach to measuring the continent’s green wealth, emphasising that current gross domestic product measures in most African countries are…
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News
Uganda Assumes Role of Co-Chair of the Coalition of Finance Ministers For Climate Action
KAMPALA, April 28, 2025 — Uganda has assumed the co-chairmanship role of the Coalition of Finance Ministers for Climate Action at the 2025 Spring meetings of the World Bank Group and International Monetary…
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News
ATIDI backs Benin’s fiscal resilience with second-loss guarantee for Deutsche Bank’s EUR 507.5mln loan
NAIROBI, April 10, 2025 — The African Trade & Investment Development Insurance [ ATIDI ] says it is supporting Benin’s latest financing transaction, by providing a second-loss guarantee for Deutsche Bank’s EUR…
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News
World Bank Group advances Gender Strategy, unveils economic opportunity ambition
WASHINGTON, Oct, 24, 2024 – The World Bank Group today took the first steps toward implementing Gender Strategy 2030, announcing a set of actions and concrete goals that aim to boost economic opportunities…
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News
Excitement as Hoima City gets modern abattoir
HOIMA, February 14, 2024 – Residents in Hoima City are excited about the ongoing construction of the modern abattoir in Kyentale Ward in Hoima West Division. The construction of the much-needed facility…
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Africa
Multilateral development banks commit to boost collaboration on climate and development
DUBAI, December 5, 2023 – Multilateral development banks [MDBs] attending the 2023 UN Climate Change Conference [COP 28] have affirmed their commitment to a concerted, global action, including increasing co-financing and private…
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International
WBG presents new fund for lowering emissions
WASHINGTON– The World Bank Group [ WBG ]has announced a new multi-partner fund that will pool funding from the global community — including donor countries, the private sector and foundations — for…
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