The World Bank Group said the Middle East, North Africa, Afghanistan and Pakistan region needs higher investment in water-efficient irrigation and agricultural innovation to strengthen food security. Its new report, Building Food Security, Creating Jobs, links food systems, nutrition, water
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CAIRO: The World Bank Group has approved US$1 billion in new financing for Egypt to support private sector-led job creation, bolster macroeconomic and fiscal resilience, and advance measures tied to a greener economy, marking the latest multilateral backing for the
The European Commission and the World Bank Group have announced a strategic partnership to accelerate energy access in Africa, aligning their respective initiatives to drive renewable energy deployment across the continent. European Commission President Ursula von der Leyen and World
MENA Newswire News Desk: The International Finance Corporation (IFC), a member of the World Bank Group, achieved record-breaking financing of $56 billion during the fiscal year ending June 30, 2024. Of this total, 40% was allocated to climate-related projects from
