Most companies say they're doing AI, but a surprising number are actually doing very little.

South Africa has secured a US$1.5 billion Development Policy Loan from the World Bank to support reforms in electricity, ...

The African Development Bank Group's Affirmative Finance Action for Women in Africa (AFAWA) and social impact innovation company, Lionesses of Africa, unveiled a new digital playbook titled Financing ...

The government has shortlisted 17 new projects worth about $3.9 billion for possible foreign financing. These projects will be reviewed by the Foreign Aid Search Committee before external funding is ...

SA secured a $1.5 billion World Bank loan to upgrade infrastructure, with reforms in electricity and transport expected to ...

The financing, provided through the International Bank for Reconstruction and Development (IBRD), is the fourth stand-alone ...

IN JUNE 2023 the world’s biggest development bank seemed to be undergoing a transformation. At a summit in Paris, the president of the World Bank, which for 70 years had focused only on tackling ...

The bank said it would no longer abide by its commitment to direct 45 percent of its financing to climate-related projects. The World Bank is ditching its commitment to steer 45 percent of its ...

WASHINGTON, June 29 (Reuters) - The World Bank Group said on Monday it will "retire" its previous goal ‌to devote 45% of its annual lending resources to projects with climate co-benefits, but extend ...

The World Bank has removed quantitative targets for climate objectives from its financing framework, bowing to sustained pressure from the United States to refocus the institution on economic ...

NAIROBI, Kenya (AP) — Billions of dollars have been pledged for Africa’s clean energy transition, yet many renewable energy projects across the continent are still failing to get off the ground as ...