World Bank urges Africa to build production hubs, not just trade links
A new World Bank report says Africa’s trade gains depend on making customs, transport, energy, digital and payment systems work across borders.
A new World Bank report says Africa’s trade gains depend on making customs, transport, energy, digital and payment systems work across borders.
The World Bank forecasts Lebanon’s economy will shrink 6.4% in 2026 and inflation will reach 17.5% as conflict strains trade, tourism and finances.
A World Bank report says AfCFTA’s next gains depend on customs, transport, standards, payments, energy and digital systems working across borders.
South Africa’s $1.5 billion World Bank loan supports electricity, freight, water and sanitation reforms—but it is budget support, not a single megaproject.
Maldives met major April obligations, but reserves fell to $717.9 million, leaving about $1 billion in external debt service still due in 2026.
A World Bank schedule dated August 1, 2026, lists ongoing procurement for a Dar es Salaam bus rapid transit depot, in-situ housing and real-estate development in the flood-prone Msimbazi River basin.
The financing will support flood protection, housing reconstruction, land administration and jobs in Greater Antananarivo and Greater Toamasina after major cyclone damage.
China’s first dedicated 2026-2030 consumption plan targets 60 trillion yuan in retail sales, but weak demand and precautionary saving complicate delivery.
Britain will put Foreign Secretary Ed Miliband in its World Bank governor role, elevating development and climate finance in foreign-policy decisions.
Ahead of and around the Ukraine Recovery Conference in Gdańsk, the World Bank Group, the U.S. Treasury and the U.K. announced new lending, guarantees and political-risk insurance steps—aimed at reducing investor uncertainty and unlocking billions for Ukraine’s recovery projects.