The Latest Breaking News from the World Bank

Ethiopia said it has more than doubled electricity production from its controversial mega-dam on the Blue Nile after two more turbines started operations.

Many commentators believe that the world should move away from measuring economic success in terms of GDP growth. Yes, growth has brought prosperity and untold riches, but it has had significant negative side effects for the planet, including climate change, pollution and species extinction. None of these are captured in…

People living abroad are sending more money to their families at home, but how do money transfers work?

Move comes after longtime leader Sheikh Hasina resigned and fled country after weeks of deadly unrest

Young people have taken to streets in Kenya, Uganda and Nigeria amid cost of living crises and lack of jobs

One of the world's foremost economists, Lant Pritchett, has a plan.

Too many nations, including China and India, are relying on outmoded strategies to become advanced economies, says report

A Human Rights Watch report says Tanzania is forcibly evicting tens of thousands of Maasai from their ancestral lands, claiming that government rangers beat some members of the community with impunity.

The World Bank has approved a $1.5 billion financial package to support cash-strapped Ethiopia's economic reform programme after officials loosened curbs on the local currency.