World Bank Group
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Finance & Banking
World Bank Group mobilises record private capital for developing countries, driving job creation
KAMPALA, September 19, 2026 — The World Bank Group mobilised more private capital in fiscal year 2026 than in any year in its history and issued a record volume of guarantees, delivering…
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News
Nobel laureate Michael Kremer appointed World Bank Group Chief Economist
KAMPALA, September 16, 2026 — World Bank Group President Ajay Banga has announced the appointment of Nobel laureate Michael Kremer as World Bank Group Chief Economist and Senior Vice President for Development…
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Finance & Banking
WBG invests US$ 25mln in Jumia to expand Africa’s digital commerce
KAMPALA, August 13, 2026 — The World Bank Group [WBG] is investing in Africa’s digital commerce infrastructure to help small businesses access new markets, create jobs and expand economic opportunities across the…
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News
Over 50 Million People Connected to Electricity Across Africa Under Mission 300
KAMPALA, June 17, 2026 — The World Bank Group and the African Development Bank Group have announced that Mission 300 has now connected more than 50 million people to electricity across 40…
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News
Middle East Conflict Sends Global Growth to Lowest Rate Since COVID-19
KAMPALA, June 14, 2026—The conflict in the Middle East is expected to slow global growth to the lowest rate since the onset of the COVID-19 pandemic amid higher energy prices, steeper inflation,…
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News
World Bank urges Uganda to exercise caution over Sovereignty Bill
KAMPALA, April 28, 2026 — The World Bank Group [WBG] has joined individuals and organisations expressing concern over Uganda’s controversial Protection of Sovereignty Bill, 2026. The Group has warned the Ugandan Parliament…
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News
WBG launches initiative to improve water security for 1 billion people
WASHINGTON, April 16, 2026—The World Bank Group [WBG], in partnership with multilateral development banks, development finance institutions and key partners, today launched Water Forward, a global platform to help improve water security…
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News
Global energy and financial bodies warn of lasting shock from Middle East war
WASHINGTON DC, April 14, 2026 — The heads of the International Energy Agency [IEA], International Monetary Fund [IMF] and World Bank Group [WBG] have warned that the ongoing war in the Middle…
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News
World Bank, IMF, and IEA form joint taskforce over Middle East war shock
KAMPALA, April 2, 2026 — The heads of the International Energy Agency [IEA], International Monetary Fund [IMF], and World Bank Group [WBG] have agreed to establish a high-level coordination group to respond…
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Africa
A Blueprint for Energy Access: Empowering Africa through Innovation and Investment
JOHANNESBUR, November 29, 2025 — A few generations ago in America, grandparents often reminded children how fortunate they were by recalling stories of walking miles to school or doing homework by candlelight.…
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