Tag: World Bank

South Africa’s First Offshore Wind Farm Faces Delays as World Bank Highlights Vast Coastal Wind Potential and Renewable Energy Opportunities

Environment Sharya Christiana -
South Africa’s plans to develop its first offshore wind farm have encountered a setback, coinciding with new research that...

Kenya Set for $400 Million World Bank Emergency Funding as Climate, Food and Economic Pressures Mount

Africa Sharya Christiana -
It is expected that Kenya, an African Commonwealth country, would receive around $400 million for emergency financing. The funding...

The Pacific’s Strategic Chessboard Just Changed—And the Solomon Islands Is Making the Next Move

Pacific Asanga Divulweva -
The geopolitical competition over influence in the Pacific may be entering a new stage. The Solomon Islands looks to...

African Nations Rethink Sovereign Policy Controls as World Bank, IMF Debt Pressures Mount

Lead_Story Rakshithan Mahendran -
Across Africa, developing countries are actively considering the difficult trade-offs of entering low-interest, concessional financing deals with global multilateral...

World Bank Approves $1.1 Billion Emergency Funding for Bangladesh

Food Security Sharya Christiana -
The World Bank approved an emergency financing package worth US $1.1 billion to help safeguard Bangladesh’s food security and...

U.S.-Led G20 Initiative Aims to Secure Global Fertiliser Supply Amid Rising Food Security Concerns

Food Security Sharya Christiana -
According to sources that are familiar with certain discussions, a major G20 initiative which is led by the United...
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700 million Women Remain Unbanked Globally Despite Gains in Financial Inclusion, World Bank Finds

Business & Trade Roshan Abayasekara -
Account ownership among women in both low- & middle-income economies (LMICs) increased to 73% in 2024, up 7 percentage...

Is the World Bank’s Latest Funding the Turning Point for Education Reform in Sri Lanka?

Education Roshan Abayasekara -
The World Bank’s continued partnership with Sri Lanka reflects its long-standing commitment to education, with recognition that education is...

No World Bank, No Problem’: Soludo Unveils Bold Debt-Free Vision for Anambra in London

Commonwealth Diaspora Warsha De Silva -
Diaspora (Commonwealth Union) _ In a compelling display of transparency and strategic outreach, Anambra State Governor Prof. Chukwuma Soludo...

Africa’s Energy Future: Is Nigeria LNG’s Green Strategy the Key to Industrial Growth?

Environment Warsha De Silva -
Environmental (Commonwealth Union)_ As Africa seeks to unlock its immense energy potential to drive economic development and industrial progress,...

Will Pakistan Overtake Asia’s Giants? Minister Predicts Explosive Economic Growth!

Asia Sarojini P -
Pakistan (Commonwealth Union)_ Pakistan is poised to become Asia’s fastest-growing economy within the next 22 years, according to Federal...

How the 1991 Rupee Devaluation Transformed India into an Economic Powerhouse

Asia admin -
(Commonwealth_India) In a recent discussion on India’s economic evolution, Arvind Panagariya, the chairman of the Sixteenth Finance Commission, emphasized...

The Future of Data is Local: Why Countries Must Adopt This Game-Changing Approach!

Commonwealth Organisations Piumi Fernando -
Commonwealth_ This article is the second installment in a three-part series exploring effective strategies for data management. The initial...

China to Invest $1 Billion in Pakistan’s Healthcare Sector: A New Chapter in Bilateral Ties

Asia Sarojini P -
Pakistan (Commonwealth Union)_ In a significant development, China has announced its plan to invest $1 billion in Pakistan’s healthcare...

Historic Agreement Between Israel and Hezbollah—What Lies Ahead for the Region?

Lead_Story Ishini Dabare -
Israel and Hezbollah have announced a historic ceasefire, effectively ending 13 months of conflict along the Lebanese-Israeli border. US...

Zimbabwe’s Bold Move to Compensate White Farmers: A Turning Point for Economic Recovery?

Africa Warsha De Silva -
Africa (Commonwealth Union) _ Zimbabwe has announced plans to compensate white former farmers $331 million for land seized during...