Skip to Main Navigation
Rwandan women selling eggs to people visiting the Kimironko market in Rwanda's capital city. Photo: © Sarine Arslanian/shutterstock
Africa

The Global Recovery Is Bypassing the Poorest Countries

Even as the wealthiest nations begin to enjoy a return to prosperity and a semblance of normality, the pandemic continues to ravage the poorest countries. For six decades, the International Development Association (IDA) has been a trusted partner in Africa, supporting people and economies through crises. In the face of the COVID-19 pandemic, IDA stands ready to work for Africa. 

The World Bank
Pandemic Response

World Bank Financing for COVID-19 Vaccine Rollout Exceeds USD$4 Billion for 50+ Developing Countries

The World Bank announced today that it is providing over USD$4 billion for the purchase and deployment of COVID-19 vaccines for 51 developing countries, half of which are in Africa. More than half of the financing comes from the International Development Association (IDA), the Bank’s fund for the world’s poorest countries, and is on grant or highly concessional terms. 

The World Bank
Climate Change

What You Need to Know About the World Bank Group's 2nd Climate Change Action Plan

The new Climate Change Action Plan will increase high-impact support to deliver climate results, targeted towards reducing the trajectory of emissions and strengthening adaptation and resilience in developing countries. The Plan comes as countries seek sustainable pathways out of the disruption caused by the COVID-19 pandemic.

Our Mission

The World Bank Group has two goals,

to end extreme poverty and promote shared prosperity in a sustainable way

Who we are

Data

We engage the development community with real-world statistics

View More Data

Global growth in 2021 is projected to be more robust than previously envisioned. Rapid vaccination progress has contributed to forecast upgrades in many countries; however, this is concentrated primarily in advanced economies. For many EMDEs, renewed COVID-19 surges and limited vaccination have contributed to downward revisions to growth. Read More.

Results

We support countries' poverty reduction strategies

What We Do

Research

We provide analysis and advice for developing countries

View More Research and Publications
The World Bank

Topics

We help developing countries find solutions to the toughest global and local development challenges—from adapting to climate change to boosting food security to increasing access to energy.

Learn More