Imagine landing your dream engineering role at one of Silicon Valley’s top technology companies – from your apartment in Riyadh, Cairo, or Beirut. This dream is now within reach for thousands in the Middle East and North Africa (MENA), provided they have the right skills.
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The world is facing a dangerous decline in freshwater availability. This persistent freshwater loss—known as continental drying— is disrupting jobs, incomes, and ecosystems. By combining satellite data with economic and land-use information, Continental Drying: A Threat to our Common Future, offers new insight into where and why freshwater is disappearing and what can be done.
The report maps global hotspots, quantifies the economic and environmental toll, and outlines a three-pronged strategy—managing demand, augmenting supply, and improving allocation—to tackle the continental drying crisis. Beyond water, addressing trade barriers, investing in education and skills, and expanding access to markets and finance are critical to strengthening jobs and safeguarding livelihoods worldwide.
“Credit: World Bank Group. All rights reserved”
There are over 830 million people around the world living in extreme poverty today, but who are they, and what do we know about their daily lives? A deeper understanding of the characteristics of people and households living in extreme poverty can help us design more effective policies. To gain those insights, we need key data.
Continue readingGood health empowers people, creates jobs, and drives economic growth. It fuels productivity, strengthens resilience, and acts as a powerful engine for employment—each health job generates up to 3.5 additional jobs in related sectors. We are working closely with countries and partners to reach 1.5 billion people with quality, affordable health services by 2030 which could create 29 million additional jobs. Investing in health is investing in economic opportunity. Join us in advancing health for all—share this video, start a conversation, and support efforts to expand quality, affordable health care. Together, we can create healthier communities, unlock economic opportunity, and build a brighter future for all.
“Credit: World Bank Group. All rights reserved”
NEW 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 readingOUAGADOUGOU, 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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As the global economy continues to adapt to macroeconomic shifts, infrastructure investment remains a critical driver of job creation, long-term development opportunities and resilience. While recent interest rate hikes and inflationary pressures have reshaped return expectations and complicated financing conditions, infrastructure has stood firm as a preferred asset class. With relatively stable revenues and strong government support, infrastructure investment continues to offer investors lower risk, more predictable returns, and stronger performance than other private investment opportunities.
The World Bank’s Infrastructure Monitor 2024 presents new data and insights on how global trends are shaping private investment in infrastructure. It shows that while investment has continued to grow, especially in primary markets (i.e. greenfield and brownfield infrastructure as well as privatizations), disparities between regions and income levels are deepening. It also underscores that to close the investment gap, we must scale what works: targeted public support, sound regulation, and innovative financing instruments such as blended finance and guarantees.
Continue readingWASHINGTON, D.C. August 21, 2025 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a new 3-year CAD $1.5 billion Sustainable Development Bond that matures in September 2028.
The 3-year benchmark transaction pays a semi-annual coupon of 2.90% p.a. and has an issue price of 99.946% and a final spread of 9.8 bps over the CAN 3.25% September 2028 reference bond, offering investors a yield of 2.919% (semi-annual). Joint lead managers for this transaction are BMO Capital Markets, CIBC, National Bank Financial and Scotiabank.
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Netherlands for the World Bank 
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