FundsChain, a blockchain-based platform, enables the World Bank to improve traceability, accountability, and streamline operations when tracking the use of funds.

The World Bank Group is transforming how it tracks development project funds, becoming the first multilateral development bank to use a blockchain-based tool for funds traceability and enhancing ...

Seventeen African governments committed to reforms and actionable plans to expand electricity access as part of Mission 300—an ambitious partnership led by the World Bank Group and African Development ...

Over the past decade, the African Centers of Excellence (ACE) have trained thousands of students in key fields such as health, agriculture, digital technology, energy, and the environment. But behind ...

The World Bank Group, through the International Finance Corporation, has closed its inaugural securitization transaction; successfully launching a new model to attract institutional private capital ...

Port performance across the world declined between 2020 and 2024 due to the Red Sea Crisis, challenges at the Panama Canal, ...

With World Bank support, Türkiye invested in energy efficiency for facilities like schools and hospitals—cutting demand, lowering costs, and improving comfort.

This book presents the World Bank’s most comprehensive assessment yet of investment in developing economies. It explores why ...

The global economy is facing substantial headwinds, emanating largely from an increase in trade tensions and heightened global policy uncertainty. For emerging market and developing economies (EMDEs), ...

Tanzania has a strong foundation for development, marked by political stability and a unified national identity. Following a period of socialist policies, the country transitioned to a market-based, ...

Recent years have starkly highlighted the risk of major health emergencies and countries’ lack of preparedness to fight them. Between 2020 and 2023, the COVID-19 pandemic resulted in over 7 million ...

The Republic of Seychelles is an archipelago of 115 islands northeast of Madagascar. The country has a total population of 121,355 people, three-quarters of whom live on the main island of Mahé.