WASHINGTON, July 18, 2025—The World Bank is strengthening its procurement requirements to help address the jobs challenge in developing countries by requiring companies working on World Bank-funded projects to include local labor participation in civil works contracts.
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Mid-Year Insights: Key Procurement Trends from MDBs and Global Forums
From Santiago to Abidjan, Milan to Dubai, the first half of 2025
brought a wealth of insight into how multilateral donors are
reshaping their funding strategies, procurement systems, and
development priorities. Assortis attended and monitored five of
the most influential events on the global development
calendar—those organised by the Inter-American
Development Bank (IDB), the African Development Bank
(AfDB), the Asian Development Bank (ADB), the European
Bank for Reconstruction and Development (EBRD), and the
Dubai International Humanitarian Aid & Development
Conference (DIHAD).
Across these gatherings, the message was clear: development
cooperation is entering a new phase—one that requires agility,
digital capacity, local engagement, and a deeper alignment with
ESG principles. In this report, we share our synthesis of key
messages, thematic takeaways, and practical implications for
professionals and organisations working across the development
spectrum
The Global Collaborative Co-Financing Platform: A Big Step Forward for Development Finance
One Year Anniversary of the Co-financing Platform
Launched in April 2024, the Co-financing Platform currently has 16 members, including MDBs and bilateral partners. It presently hosts over 160 pipeline projects and 10 projects have had their financing needs met.
Read more about the Platform’s journey in this immersive story!
Digital technology is unlocking financial inclusion
Mobile phones and the internet are revolutionizing financial inclusion, enabling more people to access and use digital financial services to manage their financial lives. From mobile money accounts accessible on basic phones, to bank-account-linked wallets used on smartphones, digital services are fulfilling their promise of being more accessible and affordable than traditional alternatives.
Continue readingRobust Policies for Better Public Services in Africa: The 2025 Country Policy and Institutional Assessment (CPIA) Report in 6 Charts
Since 2006, The World Bank’s annual Country Policy and Institutional Assessment (CPIA) Report has been a guide for countries, policymakers, and investors, identifying key trends and best practices that support effective public service delivery and foster a more resilient and prosperous future for Sub-Saharan Africa (SSA). The CPIA is an annual diagnostic tool for SSA countries eligible for financing from the International Development Association (IDA), the part of the World Bank that helps the world’s low-income countries by providing grants and low to zero-interest loans for projects and programs that boost economic growth, reduce poverty, and improve people’s lives. The CPIA Report aims to capture the quality of each country’s policies and institutional arrangements, focusing on the elements within the country’s control. The scores are designed to assess sustainable growth and poverty reduction. The CPIA provides scores for each country, and an overall regional score, on a scale of 1 (lowest) to 6 (highest) in four clusters: economic management, structural policies, social inclusion and equity policies, and public sector management and institutions. The scores inform governments of the impact of each country’s efforts to support inclusive growth and poverty reduction, and the overall score helps determine the size of the World Bank’s concessional lending and grants to low-income SSA countries. The report includes scores for IDA-eligible countries and acts as a touchstone for country monitoring and regional best practices.
Continue readingBangladesh: Bold, Urgent Reforms Can Accelerate Inclusive Growth, Create Jobs
DHAKA, July 16, 2025—The World Bank Vice President for South Asia, Johannes Zutt, concluded his first official visit to Bangladesh today, reaffirming the World Bank’s continued commitment to help the country address its development priorities and to support the people of Bangladesh.
Continue readingReforms to Boost Job Creation Could Help Transform the Philippines into a Middle-Class Society by 2040
MANILA, July 15, 2025 – Strategic reforms that enhance foundational investments in connectivity and human capital, promote smarter regulations and competition, and mobilize private investments for stronger job creation could propel the Philippines closer to a 7-percent growth trajectory, transforming it into a middle-class society by 2040.
Continue readingSafer, Climate-Resilient Roads Set to Improve Lives of 13,000 people in Comoros
Washington, July 7, 2025—Comoros is set to rehabilitate 12 kilometers of climate-resilient roads, restoring vital connectivity and strengthening disaster resilience for 13,000 people in one of the country’s most cyclone-affected regions. Additional financing of $12.5 million through a grant from the World Bank Group’s International Development Association (IDA), will complete the critical Mtsangadjou–Foumbouni corridor, enhancing access and safety for vulnerable coastal communities.
Continue readingUnlocking Futures: How the IDA Private Sector Window Is Creating Jobs Where They Are Needed Most
STORY HIGHLIGHTS
- By leveraging IFC and MIGA business platforms, the IDA PSW creates an opportunity for the strategic use of public resources to catalyze private investment, making it possible for companies and industries to operate in high-risk, fragile, and conflict-affected settings.
- A total of $5.4 billion from the IDA PSW has catalyzed over $31 billion in commercial investments in low-income and fragile countries and is expected to create 3 million jobs, provide 4 million additional loans to micro, small, and medium-sized enterprises (MSMEs), and expand digital connectivity to 31 million subscribers.
- From agribusiness in Mozambique to telecom infrastructure in West Africa and clean water access in Haiti, IDA PSW-supported investments are building the ecosystems needed to sustain jobs, boost resilience, and spark inclusive economic growth.


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