WASHINGTON, July 23, 2026 — The World Bank Group estimates that the June 24 earthquakes caused $19.6 billion in direct physical damage, underscoring the importance of timely reconstruction for Venezuela’s economic …
World Bank Group
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Economy & Development
Cities can create jobs, go green, and become more affordable — at the same time
by NNW Bureauby NNW BureauThe average family in Ibadan, one of Nigeria’s largest cities, spends nearly half its income not on food, rent, or school fees — but on surviving a broken infrastructure system. …
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April 2026 outlook: conflict and economic uncertainty Conflict reignited in the Middle East in late February 2026. After the initial escalation, Brent crude rose to US$112 per barrel by late …
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Education & Innovation
Scaling AI in Education Systems: Lessons from Mongolia (A Three-Layer Architecture for Scaling AI from Tools to Systems)
by NNW Bureauby NNW BureauMongolia is introducing the Teacher Virtual Assistant through Medle, its national learning platform, in a phased manner. The tool will help teachers generate lesson plans and differentiated practice questions for …
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Governance & Politics
Delivering digital government services: Lessons from service design work in Ghana and beyond
by NNW Bureauby NNW BureauFor most people, trust in government is shaped by everyday interactions. Can I renew a certificate without standing in a long queue? Can I find the right information without visiting …
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Economy & Development
Under Mission 300, A New Way of Doing Business Connects Over 50 Million People to Electricity Across Africa
by NNW Bureauby NNW BureauMission 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, …
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Economy & Development
South Africa: World Bank Group Support to Boost Infrastructure Modernization and Create Nearly 600,000 Jobs
by NNW Bureauby NNW BureauWASHINGTON, JULY 16, 2026 — South Africa’s efforts to modernize critical infrastructure and unlock job creation by tackling long-standing bottlenecks in electricity, freight transport, and water and sanitation services, got a …
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Economy & Development
World Bank Group Backs Business Environment Reform and Inclusive Jobs in the state of São Paulo, Brazil
by NNW Bureauby NNW BureauWASHINGTON, D.C., July 16, 2026 — The World Bank Group will support the state of São Paulo’s efforts to cut red tape for businesses, connect more workers to quality jobs, and …
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Economy & Development
World Bank Group and ISDA Join Forces to Strengthen Derivatives Markets in Developing Economies
by NNW Bureauby NNW BureauWASHINGTON, D.C., July 15th, 2026 – The World Bank Group institutions (IBRD, IDA and IFC) and the International Swaps and Derivatives Association, Inc. (ISDA) today signed a Memorandum of Understanding (MoU) …
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Economy & Development
Opportunity in the Oasis: Creating Jobs for the Next Generation in Rural Morocco
by NNW Bureauby NNW BureauCovering 15 percent of Morocco, oasis landscapes support rural jobs and economic activities, especially in natural resource-based sectors. In these oasis landscapes, life depends on a carefully managed balance among …