Is Russia’s war machine finally facing bankruptcy?
The country’s wealth fund is being depleted after three years of war – and signs of fragility are starting to emerge ...
Africa floats critical minerals-backed currency plan as new 'gold standard'
Africa's development bank is proposing a new 'gold standard' style currency arrangement backed by critical minerals such as ...
AfDB Seeks Currency Fix to Unlock Funding for Africa Electricity
The African Development Bank is developing mechanisms to increase access to local-currency debt that the continent needs to ...
nation3d
Kenya taps World Bank to revive key power line after failed Adani deal
Mr John Mativo, managing director of the Kenya Electricity Transmission Company, said discussions with the World Bank are ...
ICIJ3d
$150M World Bank project plagued by allegations of violence and abuse terminated in Tanzania
The project was supposed to be a boon for wildlife-based tourism in the East African country, but critics say it came “at an ...
African NGOs Call on World Bank to Exit Hospital Investments
A coalition of leading African civil society groups called on the World Bank to exit its investments in for-profit hospitals, ...
Ex-Commerce Secretary Wilbur Ross says World Bank should be key target for Elon Musk’s DOGE spending cuts
Former Commerce Secretary Wilbur Ross said Elon Musk’s Department of Government Efficiency — the cost-slashing body known as ...
World Bank Seeks Tens of Billions of Dollars for Power in Africa
World Bank President Ajay Banga said boosting access to electricity is the key to unlocking the demographic dividend in the ...
Bank lending prospects among key inputs for policymakers at Fed meeting
(Reuters) - Credit data likely to be considered at a two-day Federal Reserve policy meeting that begins on Tuesday may show ...
Trump pulls out of WHO and Paris – how did international bodies get through deglobalisation last time around?
Modern global regulatory bodies should draw upon the repertoire of strategies used by their 1930s predecessors to survive ...
World Bank6d
Japan Social Development Fund
The Japan Social Development Fund (JSDF) is a Partnership between the Government of Japan (GoJ) and the World Bank conceived in the wake of the Asian financial crisis in the late 1990s. It was ...