Development
AfDB, Rwandan banks discuss closing trade finance gap
African Development Bank Group met nearly all Rwandan commercial banks in Kigali on 5 October to discuss expanding trade finance access and partnership options.
Development
Developments, context and the details that matter.
Development
World Bank cites 800 million job gap for 1.2 billion young people
World Bank President Ajay Banga told the 2026 Annual Meetings that 1.2 billion young people will reach the job market while only about 400 million jobs are projected.
Development
Eight Countries Launch Mineral Compacts to Spur Jobs and Growth
Argentina, Bolivia, Egypt, India, Kazakhstan, Malawi, Mauritania and Zambia set targets to turn mineral wealth into jobs with World Bank Group support.
Development
World Bank seeks $654m for Southeast Asia vaccine manufacturing
World Bank Group aims to mobilise $654m for Southeast Asian vaccine manufacturing and adds seven countries to its Tokyo-based UHC Knowledge Hub.
Development
AfDB prices EUR 1 billion 5-year social benchmark due 2031
African Development Bank priced a EUR 1 billion 5-year social bond at 3.500% coupon, due October 2031, with proceeds for eligible social projects in Africa.
Development
Moldova: Nistru pollution losses at €2.33m, recovery needs until 2031
Post-Disaster Needs Assessment puts Nistru River pollution losses at €2.33 million, with about 200,000 people affected or at risk of water supply disruption.
Development
World Bank and Japan launch first DRIVE energy resilience project in Asia
IFC and JICA back a Singapore-based fund targeting $750 million for cleaner energy and efficiency projects across Southeast and South Asia.
Development
World Bank Adds $93 Million to Ebola Response in DRC and Region
World Bank adds $80 million for Ebola response in DRC and $13 million for preparedness in 11 regional countries, citing faster detection times.
Development
Africa disaster losses rise as Maputo summit weighs $6.3bn resilience plans
African Union and Mozambique host a Maputo conference on disaster risk reduction, with two SADC regional investment proposals totalling $6.3bn under discussion.
Development
EBRD Board to Visit North Macedonia, Meet Officials and Clients
EBRD Board representatives will visit North Macedonia from 12 to 16 October 2026 to meet government, business and civil-society groups and EBRD clients.
Development
UNDP runs WTO accession training for Turkmenistan officials
UNDP and Turkmenistan's finance ministry held practical WTO accession training from 5 to 14 October 2026, funded and backed by Russian experts.
Development
UNDP Forum in Ulaanbaatar Focuses on Women's Influence in Decision-Making
UNDP Mongolia joined the World Women Parliamentarians' Forum in Ulaanbaatar to discuss translating women's representation into influence in public decision-making.
Development
AfDB backs Somalia's shift from aid to private sector-led development finance
African Development Bank says it supports Somalia's move to private sector-led growth as the country's development bank signs first microfinance agreements.
Development
AfDB and IMF discuss Mali economy and $800m strategy in Bamako
African Development Bank and IMF officials met in Bamako to review Mali's economic outlook and a five-year strategy targeting $800 million in financing by 2031.
Development
World Bank Report Examines How Higher Revenues Reshaped Nigerian State Spending
World Bank Nigeria Development Update finds real GDP grew 4.2% in first half of 2026 and examines how higher revenues changed state spending priorities.
Development
Uganda convenes AfDB-backed energy compact talks in Kampala
African Development Bank and Uganda's energy ministry hold a two-day stakeholder consultation on implementing Uganda's Mission 300 National Energy Compact.
Development
World Bank: MENAAP Output to Contract 2.1% in 2026 as Hormuz Closure Hits Gulf Exporters
World Bank projects MENAAP output to fall 2.1% in 2026, with GCC economies contracting 4.3% after the Strait of Hormuz closure, while oil importers grow.
Development
World Bank raises South Asia growth forecast to 6.9% for 2026
World Bank projects South Asia growth of 6.9% in 2026 and 6.7% in 2027, flagging AI adoption gaps and risks from energy prices, El Niño and AI investment.
Development
World Bank Projects 4.5% Growth for East Asia and Pacific in 2026, Urges AI Reforms
World Bank projects East Asia and Pacific growth at 4.5% in 2026, with uneven AI adoption; calls for infrastructure, skills and policy reforms.
Development
World Bank Projects India Growth at 7.1% in FY27, Flags AI Investment Surge
World Bank forecasts India's economy to grow 7.1% in FY27, citing strong domestic demand and exports, while private AI investment tripled to $4.1 billion in 2025.
Development
AfDB to press biodiversity finance at COP17 in Yerevan
African Development Bank Group will join CBD COP17 in Yerevan, Armenia, pushing biodiversity finance, nature-based solutions and support for African countries' plans.
Development
Bangkok Heat Strategy Identifies THB 146.3 Million Investment Need
UNDP-backed financing strategy puts initial urban heat investment at about THB 146.3 million, with THB 10.8 million a year to sustain BMA's action plan.