Today: May 03, 2025
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International Development Association

5 months ago

World Bank launches a $100bn fund for poor countries

The World Bank has raised close to $24 billion to provide loans and grants for some of the world’s underdeveloped nations, which it can leverage to generate a record $100bn in total spending power. Donor countries committed $23.7bn to replenish…
5 months ago

The problem with poverty, climate change and economic inequality

With the 21st “replenishment pledging” conference by the International Development Association (IDA) opening Thursday, December 5, in Seoul, South Korea, leaders across Africa call for global cooperation to address the intertwined crises of poverty, climate change, and economic inequity. The…
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