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Image: ANDREW CABALLERO-REYNOLDS/AFPImage: ANDREW CABALLERO-REYNOLDS/AFP

World Bank

The World Bank serves as an international financial institution granting loans to developing countries. The recipients have to pledge structural reforms in return.

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Children play near stagnant pools of water in Lilanda township in Lusaka, Zambia, Saturday March 9, 2024.

World Bank stamps $208 million Zambia grant to face drought

The sum was granted to help the African nation address the social and economic impact of drought.
CatastropheJuly 2, 2024
European Commission president Ursula Von der Leyen and Egypt president Abdel Fattah el-Sisi pictured during a diplomatic meeting in Cairo, Egypt, on March 17 2024

EU signs €1bn financing deal for Egypt at investment forum

The funding plan will help Cairo to make economic reforms, along with investments by European companies.
PoliticsJune 29, 2024
Protesters gather during a nationwide strike to protest against tax hikes and the Finance Bill 2024 in downtown Nairobi, on June 25, 2024.

Kenya: What's behind the deadly protests?

Kenyans are unhappy about rising living costs and have accused the president of making false promises. DW delves deeper.
PoliticsJune 26, 2024
An Indian Oil gas station

Will Israel-Hamas war affect India's economy?

The growing conflict in the Middle East has raised geopolitical concerns about stable prices and oil supply.
BusinessNovember 6, 2023
Humanitarian aid being distributed among refugees in Bunia, Congo

China or US: Who's delaying debt relief to developing world

China has been widely blamed for the delayed global response. Beijing disagrees and puts the onus on the US.
BusinessOctober 11, 2023
04.2015 DW Business Sendungslogo

DW Business

Oil prices spike after Hamas attack on Israel - IMF and World Bank cut China growth forecast
BusinessOctober 10, 202312:30 min
A hand full of parched soil, dried out because of drought in Tunesia

Moroccan farmers turn to drip irrigation during drought

Morocco is investing in cutting-edge irrigation systems to save its agricultural industry from sustained drought.
BusinessOctober 9, 202305:39 min
Employees working on an automobile production line, seen through the window of a partially assembled car

World Bank: China's woes threaten East Asian economies

China's economic malaise is weighing heavily on east Asia as a whole, one of the world's key economic engines.
BusinessOctober 4, 2023
Flood victims gather to receive food handout in a camp in Pakistan

Ahead of SDG summit, Germany calls for sustainable finance

Germany hopes the UN's 2023 SDG summit will bring new momentum to achieving the Sustainable Development Goals.
PoliticsSeptember 18, 2023
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World Bank freezes Uganda funding over anti-LGBTQ+ laws

At the beginning of August, the World Bank announced it would freeze new loans towards Uganda in light of its new anti-LGBTQ laws. Many initially viewed the move as a sign that the bank was taking a more progressive approach towards human rights issues. But is it a misguided approach?
EqualitySeptember 5, 202303:06 min
People leave a room on a red carpet

G20 meeting in India split on debt relief and Ukraine

Issues on the table included debt relief for low-income nations and the effect of Russia's grain deal pullout.
PoliticsJuly 18, 2023
French President Emmanuel Macron delivers a speech during the opening session of the New Global Financial Pact Summit at the Palais Brogniart in Paris

Paris summit aims to help emerging economies

The two-day event was attended by more than 40 heads of state and the heads of the World Bank and IMF.
PoliticsJune 23, 202303:23 min
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Debt relief: How can the world help developing nations?

World Bank, IMF and heads of state meet in Paris to discuss debt relief and environment support for developing nations.
BusinessJune 23, 202305:47 min
A view of the sign for the 2023 Spring Meetings of the World Bank/International Monetary Fund in Washington

IMF predicts modest global growth, slowly receding inflation

The International Monetary Fund predicted that most countries would avoid a recession this year despite the volatility.
BusinessApril 11, 2023
A man and a boy at an M-Pesa vendor box in Nairobi

How digitalization improves remittances to Africa

Direct diaspora remittances are seen as a driver of recovery in Africa — yet it's still expensive to send money.
BusinessMarch 23, 2023
Ajay Banga meeting with Vice President Kamala Harris in the Vice President's Ceremonial Office in Washington DC in 2021

US nominates ex-Mastercard CEO to head up World Bank

Ajay Banga has been named as the US nominee for the role of president of the World Bank.
PoliticsFebruary 23, 2023
World Bank President David Malpass attends the Reuters NEXT Newsmaker event in New York City, December 1, 2022

World Bank President David Malpass announces resignation

David Malpass will step down before the scheduled end of his term.
BusinessFebruary 16, 2023
German Chancellor Olaf Scholz

Germany: Olaf Scholz warns against 'decoupling' economies

The chancellor met with leaders of the IMF, WTO, ILO, OECD and World Bank Tuesday to discuss a raft of global issues.
GlobalizationNovember 29, 2022
A shirtless man and a shirtless boy sit on the floor of a shanty where they share a meal

World Bank: Extreme poverty here to stay

The COVID pandemic ended years of progress fighting poverty while war and higher prices are now making things worse.
PoliticsOctober 5, 2022
A protester at the World Bank headquarters in Washington carries a banner that reads, "World leaders: Drop climate denier Malpass from the World Bank!"

World Bank chief rejects calls to quit over climate remark

Environmentalists had slammed him after he refused to say if he accepted the scientific consensus on climate change.
PoliticsSeptember 24, 2022
David Malpass

Climate activists demand World Bank President Malpass resign

David Malpass refused to say if he believed in man-made climate change, the scientific consensus on the matter.
PoliticsSeptember 22, 2022
People work at an onion wholesale market in the Kawran Bazar in Dhaka

Bangladesh seeks loans as economic woes grow

Bangladesh has been battered by the global economic consequences of the Russia-Ukraine war.
BusinessAugust 5, 2022
Cars lined up to purchase fuel

Sri Lanka in bailout discussions with the IMF

The World Bank will not offer fresh funding for Sri Lanka, a bankrupt island nation whose former leader just fled.
PoliticsJuly 29, 2022
People cool off in the Mediterranean sea waters at a beach off the northern Tunisian town of La Goulette.

North Africa's disappearing beaches

The coastline in the Maghreb is eroding faster than almost anywhere else. But not just rising sea levels are to blame.
PoliticsJuly 20, 2022
Nigerian Naira bank notes

Africa could earn billions in unpaid taxes

The shadow economy deprives Africa of billions in tax revenues.
BusinessJune 15, 2022
USA Das Hauptquartier der Weltbank in Washington

World Bank expects 'steeper growth slowdown'

The World Bank has cut its global growth estimate to 2.9 % in the wake of Russian invasion of Ukraine.
BusinessJune 8, 202202:58 min
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Interview Franziska Ohnsorge

Franziska Ohnsorge, World Bank Group
BusinessJune 8, 202202:56 min
World Bank Group logo

World Bank warns of 'stagflation,' slashes growth forecast

1970s-style stagflation is set to persist amid soaring commodity prices. Developing countries could be worst hit.
BusinessJune 8, 2022
A humanitarian aid group delivers food to Ukrainians

How to help Ukraine's war-ravaged economy

As the World Bank and the IMF meet in Washington, calls for fresh financial aid and debt write-offs are growing louder.
ConflictsApril 20, 2022
Young girls in Ghana

World Bank warns of crisis for developing nations

A looming debt crisis could make things much worse for already poor nations, according to a new report.
BusinessFebruary 15, 2022
Trucks parked outside Apapa Port in Lagos, Nigeria

Analysts forecast grim economic outlook for Africa

Although African economies have slightly recovered from the impact of COVID-19, economic growth in 2022 is uncertain.
BusinessJanuary 13, 2022
A wroking setting up wheels at a factory in Hangzhou, China

Global economy loses expansion steam

The world economy still faces many challenges as it tries to make up ground lost during the coronavirus pandemic.
BusinessJanuary 11, 2022
People camp in front of the civil protection agency in in Herat, Afghanistan

Afghanistan: Donors back release of $280 million in aid

International donors have decided to transfer funds to two UN agencies to support nutrition and health in Afghanistan.
ConflictsDecember 11, 2021
Dr. Harrison Mwilima

Africa must lead on sustainable industrialization

Harrison Mwilima
It's a high time for African countries to lead the world towards sustainable industrialization, says Harrison Mwilima.
BusinessNovember 20, 2021
A Sudanese protester waves the national flag during anti-coup demonstrations

Sudan: Protests continue as UN says PM Hamdok is 'well'

Anti-coup protesters have taken to the streets once more, with civilians venting their frustrations over the power grab.
PoliticsOctober 31, 2021
A Sudanese demonstrator carrying a national flag walks by roadblocks

Defiant Sudanese march against military coup

Three people were reportedly killed during protests against Sudan's military junta.
PoliticsOctober 30, 2021
Sri Mulyani gestures while speaking

Sri Mulyani: A reformer working for Indonesia's women

In a DW interview, the Indonesian Finance Minister tells how she became one of the most powerful women in SE Asia.
EqualityJuly 11, 2021
Demonstrators set fire to tires, closing some roads to traffic during a protest against economic conditions and high cost of living, in Beirut.

As Lebanon nears collapse, EU sanctions loom

Lebanese locals want the EU to sanction political leaders. Some EU nations are in favor, but experts are not convinced.
PoliticsJuly 2, 2021
IMF logo in Washington DC

IMF grants $2.5 billion loan to Sudan

IMF and US officials praised the Sudanese civlian government's economic reforms.
PoliticsJune 30, 2021
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World Bank helps in vaccine distribution

Mamta Murthi of the World Bank elaborates on how the lender is helping developing nations cope with the pandemic.
BusinessApril 20, 202103:44 min
DW Sendung Global 3000 | Münzen

New technology helps migrants send money home

Around 164 million people work abroad. They support families and help their home countries through big remittances.
BusinessApril 16, 202103:29 min
Afghan woman getting vaccinated

Vaccine inequities hinder COVID-19 response

Wealthier nations have procured millions of doses of COVID-19 vaccine.
BusinessApril 12, 2021
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World Bank urges action on vaccination hesitancy

As vaccination campaigns are gathering speed, the World Bank sees a need to do more against vaccine hesitancy.
BusinessMarch 19, 202103:02 min
DW Business Africa Sendungslogo

DW Business Africa

Okonjo-Iweala takes over as WTO Director-General - Startups could spur recovery in Sub-Saharan Africa
BusinessMarch 1, 202113:06 min
Panama Barro Colorado Island

One Planet summit: Merkel rails against deforestation

The summit's organizers want global leaders to put climate change issues back on the political agenda.
Nature and EnvironmentJanuary 11, 2021
Bundles of 100 dollar notes

Africa's debt crisis grows amid COVID-19 pandemic

Amid falling prices of raw materials, recession and now COVID-19, Africa is in serious trouble as its debt burden grows.
PoliticsNovember 13, 2020
Containerterminal Tollerort

G20 to 'do whatever it takes' on coronavirus

Officials from the world's richest countries have agreed to give the poorest nations more time to pay off their debts.
BusinessOctober 14, 2020
Frankreich | Coronavirus | Nachtleben in Paris

Coronavirus: Paris closes bars to curb rising infections

Paris will keep restaurants open under strict measures, but bars will be closed for 15 days. Read the latest here.
HealthOctober 5, 2020
A woman in a facemask walks past a coronavirus-themed mural in Tangerang, Indonesia

Pandemic to create millions of 'new poor': World Bank

Up to 38 million people in East Asian and Pacific countries could be pushed into poverty by the coronavirus crisis.
BusinessSeptember 29, 2020
A row of trucks on the border road between Kenya und Uganda

COVID-19 confines African Free Trade Area

Experts believe that the COVID-19 pandemic could give the ambitious free trade project a boost.
TradeAugust 14, 2020