Mission 300 is now delivering electricity access at nearly double the pace recorded at the initiative’s launch — proof that coordinated action can drive large-scale change
CAPE TOWN, June 16, 2026 — The World Bank Group and the African Development Bank Group announced today that Mission 300 has connected over 50 million people to electricity across 40 countries — a major milestone toward the initiative’s goal of reaching 300 million people by 2030.
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Global food commodity markets entered 2026 on a relatively stable footing, supported by ample grain and edible oil supplies. However, escalating conflict in the Middle East has disrupted that stability, introducing new volatility into food trade and input markets. The World Bank Group’s April 2026 Commodity Markets Outlook projects a 2.5 percent increase in the global food commodity price index this year, but risks are firmly tilted to the upside. The emergence of El Niño conditions, rising energy and fertilizer costs, growing biofuel demand, and potential trade restrictions could all push food prices significantly above current projections.
JUBA, June 9, 2026 — The World Bank Group, in partnership with the Government of the Republic of South Sudan, today launched the South Sudan Urbanization Review: Cities as Anchors of Recovery and Resilience, calling for urgent, coordinated action to harness rapid urbanization as a driver of stability, jobs, and inclusive growth.
Continue readingWorld Bank Group’s IFC pilot program demonstrates feasibility;
next step is scaling through reforms and investment
Rabat, Morocco, June 9, 2026 — Pilot trials conducted as part of the Morocco Textile Circularity program, led by the World Bank Group’s IFC, show that recycling textile waste in Morocco is technically viable and commercially feasible – and that scaling it could attract US$1.9 billion in additional private investment and generate more than 30,000 jobs, according to the World Bank Group’s Country Private Sector Diagnostic for Morocco.
Continue readingThe global economy is changing at extraordinary speed, and education and training systems are struggling to keep up. Artificial intelligence is transforming jobs almost overnight. The green transition will create tens of millions of new ones. By 2050, 22 percent of the world will be over the age of 60, creating urgent shortfalls in health and care workers. And yet, despite a large and untapped global labor force, employers cannot find the talent they need. The result is a paradox: mass unmet demand for talent, alongside a vast untapped labor force.
WASHINGTON, June 16, 2026—The World Bank Group’s Board of Executive Directors today discussed a new Country Partnership Framework (CPF) for Poland for the period 2026-2031. The program will help Poland build a more innovative and competitive economy, mobilize private investment, create better jobs, and support the country’s next phase of growth.
Continue readingClimate adaptation is often treated as tomorrow’s problem. Adaptation means building resilience into the physical, natural, and human capital countries rely on to create jobs, deliver services, and protect people. With 1.2 billion young people entering the workforce in developing economies over the next decade, the ability of countries to protect and improve livelihoods depends on whether those systems can withstand the pressures climate change is already placing on them.
Continue readingOrganized by the World Bank Group, the Federation of Chilean Industry (SOFOFA), the UC Chile University, and América Solidaria, the event brought together young people alongside representatives from the public sector, private sector, academia, and civil society to reflect on the labor challenges and opportunities that will shape Chile’s future.
Netherlands for the World Bank 