cat

Bulgaria’s Sofia Airport is undergoing a major transformation through a long-term public-private partnership supported by the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC). With assistance from the EBRD’s Infrastructure Project Preparation Facility, the Bulgarian government successfully launched a 35-year concession aimed at unlocking investment, tourism and trade opportunities for… [Read More]

On 31 March 2026, the International Labour Organization (ILO) held a progress review meeting with Mongolia’s National Statistics Office (NSO) to advance efforts under the Formalization of the Informal Economy Project. The initiative builds on an e‑formalization assessment conducted in 2024, which explored the possibility of creating a national database of self‑employed workers by using… [Read More]

The European Bank for Reconstruction and Development (EBRD), with support from the European Union (EU), has announced a JOD 10 million ($14.1 million) loan to Aqaba Digital Hub (ADH) in Jordan to strengthen the country’s digital infrastructure and position it as a regional technology hub. Capital Bank of Jordan is also participating as a parallel… [Read More]

European Bank for Reconstruction and Development has announced the three finalists for the 2026 EBRD Literature Prize, recognizing outstanding literary fiction translated into English from countries where the bank operates. The annual prize celebrates both authors and translators for bringing international literature to wider global audiences. The finalists for this year’s award include Akram Aylisli… [Read More]

During the 10th joint World Bank–French Development Agency Implementation Support Mission of the Rural Access and Agricultural Marketing Project (RAAMP) in Abuja, stakeholders reviewed progress and reaffirmed the importance of strengthening rural connectivity and resilience across Nigeria. The mission, held from 4 to 8 May, brought together government representatives, development partners, and technical experts to… [Read More]

European Bank for Reconstruction and Development and Acba bank have signed a €50 million unfunded portfolio risk-sharing agreement aimed at improving access to finance for businesses in Armenia. The agreement was officially signed in London and is expected to strengthen support for the country’s private sector, particularly small and medium-sized enterprises. Under the arrangement, the… [Read More]

The Pan American Health Organization (PAHO) and the São Paulo State Health Secretariat have strengthened their collaboration to improve health surveillance and emergency management systems amid rising public health challenges in the Americas. The initiative comes as countries continue addressing outbreaks of yellow fever, measles, COVID-19, and dengue across the region. From 27 April to… [Read More]

Virginia Governor Abigail Spanberger has announced more than $2.2 million in tourism funding to support local marketing initiatives and strengthen economic growth across the Commonwealth. The funding, released during National Travel and Tourism Week, will support 143 tourism-related programs through grants and sponsorships managed by the Virginia Tourism Corporation. The tourism funding is expected to… [Read More]

The International Labour Organization (ILO) Country Office Director for Zambia and Malawi, Mr. Wellington Chibebe, met with Irish Ambassador to Zambia, Mr. Aidan Fitzpatrick, in Lusaka to strengthen cooperation on advancing Zambia’s social protection agenda. The meeting underscored the importance of collaboration between the ILO and Ireland in promoting inclusive systems that safeguard vulnerable populations…. [Read More]

Kenya is strengthening its home-grown school feeding programme by connecting local farmers, schools, and communities through an integrated food system designed to improve nutrition, education, and rural livelihoods. Representatives from the United Nations, development partners, and government institutions recently visited Embu County to assess the programme’s progress and its role in supporting sustainable agriculture and… [Read More]

The largest liquefied natural gas exporter in the United States, reported a surprise net loss of $3.5 billion in the first quarter of 2026, compared to a profit of $353 million during the same period last year. The unexpected loss shocked analysts and caused the company’s shares to decline sharply during trading. The loss was… [Read More]

Cheniere Energy, the largest liquefied natural gas exporter in the United States, reported a significant first-quarter 2026 net loss of $3.5 billion compared to a profit of $353 million during the same period last year. The unexpected loss surprised analysts and caused the company’s shares to decline sharply during trading. The primary reason behind the… [Read More]

Nepal is advancing significant legal reforms to create safer, more inclusive workplaces free from violence and harassment. Supported by the International Labour Organization (ILO), a comprehensive legal gap analysis has identified areas where national laws and policies can be strengthened to align with ILO Convention No. 189 on domestic workers and Convention No. 190 on… [Read More]

A newly upgraded visitor centre at Dún Aonghasa on Árainn in County Galway has officially opened following a €1.6 million investment led by the Office of Public Works (OPW), Fáilte Ireland, and the Department of Housing, Local Government and Heritage. The redevelopment aims to enhance the visitor experience at one of Ireland’s most important prehistoric… [Read More]

The Pan American Health Organization and France have strengthened their partnership to accelerate malaria elimination efforts across the Guiana Shield, a region considered one of the most challenging malaria transmission areas in the Americas. The renewed cooperation focuses on strengthening surveillance, prevention, and cross-border coordination in territories including Guyana, Suriname, French Guiana, and northern Brazil…. [Read More]

Ireland’s Minister for Rural and Community Development and the Gaeltacht, Dara Calleary, visited County Cavan to officially open and launch several community and infrastructure projects supported by more than €10 million in government funding. The projects were funded through multiple rural development programmes aimed at improving recreation, tourism, accessibility, and community regeneration across the county…. [Read More]

The World Food Programme (WFP), together with the Novo Nordisk Foundation (NNF) and the Grundfos Foundation, has announced the third phase of their flagship school meals partnership, marking the largest private sector commitment to school feeding in WFP’s history. The initiative will expand Home‑Grown School Feeding models in Uganda, Kenya, and Ethiopia, connecting schools with… [Read More]

The SEADRIF Insurance Company and the United Nations World Food Programme (WFP) have introduced an innovative disaster risk insurance policy in Lao PDR, providing up to US$1.1 million in pre‑arranged financing to support communities affected by extreme weather and natural hazards. This new policy complements the government’s sovereign disaster insurance programme and strengthens preparedness and… [Read More]

The International Finance Corporation (IFC), part of the World Bank Group, has successfully priced a landmark three‑year HKD 6 billion (approximately USD 766 million) green bond in Hong Kong. This marks the first‑ever public green bond issued in the “Wonton Bond Market,” which is the market for HKD‑denominated bonds issued by foreign entities in Hong… [Read More]

The New Zealand Space Agency has launched Patch to the Future, a national competition inviting students in Years 1–8 to design their own space‑themed mission patch. The initiative builds on the excitement generated by the Artemis II mission and aims to inspire young people to imagine New Zealand’s role in space exploration. Mission patches are… [Read More]

In Sudan, families fleeing violence often cross borders with little more than what they can carry, leaving behind homes and livelihoods. In Chad’s Farchana refugee camp, Nawal Atteib Mahammad, once a finance ministry worker and master’s student, now struggles with displacement after witnessing harrowing violence in El Geneina. Even in safety, families face daily insecurity,… [Read More]

In Abu Dhabi, the World Bank and the United Arab Emirates signed a new partnership framework to advance investment climate reforms and strengthen the UAE’s position as a global destination for foreign direct investment. The agreement focuses on enhancing predictability, transparency, and competitiveness in the investment environment, aligning with the country’s strategic priorities. Under the… [Read More]

The World Bank has successfully priced a landmark Australian dollar 2 billion Sustainable Development Bond due November 2031. The 5.5‑year bond, carrying a 5.00% fixed coupon, will support financing for eligible sustainable development activities aligned with the Bank’s mission to end extreme poverty and boost shared prosperity. Proceeds are intended to generate positive social and… [Read More]