WASHINGTON, D.C., October 21, 2025 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a USD 5 billion benchmark bond that matures in October 2030.
With more than 165 investor orders, the transaction attracted over USD 11 billion high-quality investor orders, primarily driven by bank treasuries, central banks/official institutions, and asset managers.
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Here are the latest bi-annual regional economic updates to explore the macro development trends in Africa, East Asia and the Pacific, Europe and Central Asia, Latin America and the Caribbean, the Middle East and North Africa, and South Asia.
These reports are released around the World Bank-International Monetary Fund Spring Meetings and updated again around the Annual Meetings.
Continue readingWASHINGTON, September 25, 2025 – The World Bank Board of Executive Directors today approved the Sierra Leone Water Security and WASH Access Improvement Project. Supported by a $40 million International Development Association (IDA) grant focused on the Western Area, the project is the first phase of a Multiphase Programmatic Approach totaling $180 million over the next decade. It is designed to improve sector institutions, strengthen WASH services for millions of Sierra Leoneans, and increase water resources and climate resilience in the country.
Continue readingNEW YORK, September 24, 2025—Seventeen African governments today 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 Bank Group that aims to connect 300 million Africans to electricity by 2030.
Continue readingOverall performance slides, but some developing country ports improved between 2020-2024
Washington, D.C., September 22, 2025 — Port performance across the world declined between 2020 and 2024 due to the Red Sea Crisis, challenges at the Panama Canal, and pandemic-related shocks, according to a new report released today. However, efficiency gains varied by region and income level.
Continue readingThe World Bank Group’s Annual Meetings flagship event launched AgriConnect, a new initiative to transform small-scale farming into an engine of sustainable growth, jobs, and food security.
President Ajay Banga announced plans to double agribusiness commitments to $9 billion/year by 2030 and mobilize another $5 billion from partners. AgriConnect aims to scale what works: building infrastructure and skills, improving rules and land systems, de-risking private capital, and helping smallholders boost productivity, access markets, and build resilience via insurance and climate-smart tech.
Partners echoed the push—AfDB, IDB, and IFAD pledged to expand farmer reach and financing. The private sector stepped up (Bayer–WBG MoU to waive IP rights for nitrogen-fixing wheat trials in Africa), and digital solutions advanced (WBG–Google collaboration deploying AI tools for farmers).
Across farmers, policymakers, and investors, one message stood out: partnerships unlock agriculture’s potential.
That selfie you took on an idyllic white sand beach, in a sprawling city park, or atop a mountain range at sunset? It’s more than just a photo of you. It reflects nature’s magnetic pull on people across the world and its role in fueling global tourism.
Continue readingThe global development community met in Washington, D.C., on October 13–18, 2025. Watch event replays, browse highlights, and explore development solutions.
OUAGADOUGOU, September 30, 2025 – A two-day High-Level Forum on Defying Drought (D2) in West Africa concluded today in Ouagadougou with a strong commitment to address the pressing challenges of drought in the region, amid the broader context of climate change and population growth. Senior policymakers from Burkina Faso, Chad, Mali, Mauritania, Niger, and Senegal, joined by technical experts from Morocco and Brazil, as well as regional and international institutions and development partners, came together to advance coordinated and practical solutions to reduce drought-related losses and build climate resilience across the Sahel. Technical sessions showcased regional and global best practices and facilitated the co-design of a roadmap outlining short-, medium-, and long-term policy actions to strengthen drought resilience across West Africa.
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