New financial instruments designed to boost lending capacity and enable the World Bank Group (WBG) to take on more risk for shared global challenges have received a significant endorsement. The World Bank Online Media Briefing Centre communicated this in a…
The World Bank Group (WBG) and European Union (EU) assessment of Russia’s invasion of Ukraine shows $349 billion is required to fix the destruction. WBG President David Malpass gave the evaluation on Wednesday at the 2nd Ministerial Roundtable for Support…
The World Bank Group (WBG) has expressed its readiness to help in increasing assistance to Nigeria’s poor and vulnerable. Vice President Yemi Osinbajo, in a tweet on Friday, said he met with WBG President, David Malpass, and discussed a wide…
The World Bank Group (WBG) says it has provided over four billion dollars for COVID-19 vaccine deployment operations for 51 developing countries, half of which are in Africa. The President of the group, David Malpass said this in a statement…
