ADB President Masatsugu Asakawa and World Bank President Ajay Banga signed a groundbreaking Full Mutual Reliance Framework (FMRF) agreement today to deepen collaboration on cofinanced sovereign ...

China's central bank said it will support setting up a new model of real estate development to help stabilize the crisis-hit ...

Raisewell Ventures is announcing its launch with a status quo-challenging approach to redefine success in venture capital and ...

The Asian Development Bank (ADB) and the World Bank (WB) yesterday signed a new groundbreaking Full Mutual Reliance Framework (FMRF) to deepen their collaboration on co-financed public sector projects ...

This first-of-a-kind arrangement between multilateral development banks aims to streamline project processing and implementation and deliver faster and more efficient results to borrowing clients ...

With the benefit of hindsight today, the Washington Consensus was valuable in the sense that it was a consensus, it ...

Strong institutions and governance accelerate the diffusion of climate policies and technologies, enabling faster and more ...

Project 2025's call for the U.S. to withdraw from the World Bank would be a strategic mistake, as it would allow America's competitors to gain a historic victory. The World Bank needs urgent reform to ...

A three-man delegation of the World Bank has paid a five-day visit to the Lagos State Public Procurement Agency to assess the electronic procurement system of the state.Speaking during the assessment ...

A News Desk Story Government must intensify its fiscal consolidation efforts while implementing structural reforms to ensure economic resilience and long-term sustainability, the World Bank has said ...

Alternative forms of enterprise ownership have the potential to enable economic development in more inclusive and equitable ...