IFC

WASHINGTON, D.C., April 14, 2026 – The World Bank Group, through its private-sector arm the International Finance Corporation (IFC), and Citi have signed a new 1.6 billion South African rand borrowing …

Insured losses from natural catastrophes again surpassed $100 billion for the sixth consecutive year. For banks in emerging markets, climate impacts are increasingly becoming part of their business reality, as they see …

At the World Bank Group, our goal is to help countries build economies that convert growth into local jobs. Over the next 10 to 15 years, 1.2 billion young people in developing countries will reach …

On a winter morning in the Ger districts of Ulaanbaatar, Mongolia, a man named Bat-Erdene wakes before dawn to light the coal stove in his family’s home. Overnight, temperatures have dropped sharply …

WASHINGTON, April 2, 2026 —The World Bank Group and the Government of Sri Lanka today launched a new five-year Country Partnership Framework (CPF) to support Sri Lanka’s continued recovery, help achieve its 7% …

Washington, DC: The Heads of the International Energy Agency, International Monetary Fund, and World Bank Group have agreed to form a coordination group to maximize their institutions’ response to the energy …

WASHINGTON, D.C., March 31, 2026 — The World Bank Group’s Board of Executive Directors approved today financing to support El Salvador in expanding credit access for Micro, Small and Medium enterprises (MSMEs), …

Mongolia faces growing pressure on its water resources as rapid urbanization, industrial demand, and climate variability strain already limited supplies. In Ulaanbaatar, home to nearly half the country’s population, groundwater …

Fully leveraging the workforce is essential to building a more inclusive society and boosting living standards across the Middle East, North Africa, Afghanistan, and Pakistan (MENAAP) region. Despite the impressive …

WASHINGTON, February 26, 2026 – Millions of young people across Eastern and Southern Africa stand to gain skills they need to thrive through a new regional program that is designed to …