World Bank

Africa’s energy agenda needs a more ambitious measure of success than simply generating more electricity and connecting more households. The real test should be whether the continent can use energy... 

Achieving universal electricity access remains one of Africa’s most pressing development goals. About 600-million people on the continent still live without electricity. Mission 300, the World Bank... 

Zambia is breaking its reliance on hydropower to protect its economy from devastating droughts, says global engineering and scientific consultancy SRK Consulting Zambia country manager Nyankhundi... 

Global commodity prices are set to surge 23% in 2026, the World Bank said on Wednesday, citing rising energy prices and disruptions to cargo shipping during the Middle East war, grain shipment... 

Investment in alternative logistics routes in the Gulf to mitigate the impact of the Iran war could make the Strait of Hormuz "redundant" in the next five years, HSBC Group CE Georges Elhedery said... 

World Bank President Ajay Banga on Friday said the development lender has set a goal of quintupling its critical minerals business in five years, and has identified 20 countries that it can partner... 

The South African government has announced a delay to Phase I of the country’s inaugural independent transmission projects (ITP) procurement programme, indicating that the final request for... 

US Treasury Secretary Scott Bessent issued a long list of demands for the World Bank in line with Trump administration interests, including ending the bank's prohibition on financing upstream oil... 

Africa’s next energy breakthrough may not come from building more power stations alone, but from strengthening the electricity networks that connect countries and enable power to flow across... 

For years, South Africa’s power crisis impacted nearly every part of daily life—darkening homes, disrupting essential services, constraining businesses, and holding back economic growth. In 2023... 

The global economy is under threat from persistently high energy prices, record public debt and risks from the AI investment boom, International Monetary Fund MD Kristalina Georgieva warned on... 

The World Bank has urged Guinea to use the revenues from the exploitation of the largest iron-ore reserve on earth to diversify and build a stronger economy. “The question we must ask ourselves is... 

South Africa’s transition to a lower-carbon economy could create significant opportunities for local manufacturing, but unlocking these opportunities will require predictable demand, suitable... 

The global economy has weathered the Iran war energy shock better than feared, International Monetary Fund MD Kristalina Georgieva said on Tuesday, but she raised concerns about deteriorating... 

The institutional architecture around African power investment has grown considerably more sophisticated in recent years, with multilateral lenders, specialized blended finance vehicles, global law... 

Creating incentives that allow artisanal and small-scale miners of gold to earn more from their work while improving environmental and social practices is central to efforts to formalise the... 

The development and use of the Lobito Corridor – a multimodal logistics corridor that spans Angola, the Democratic Republic of Congo (DRC) and Zambia – has progressed significantly over the past 12... 

Rio Tinto has notified Aim- and ASX-listed Sovereign Metals that it will not exercise its option to elect to become operator of the project. 

Diversified miner Rio Tinto has notified Aim- and ASX-listed Sovereign Metals that it will not exercise its option to elect to become operator of the Kasiya rutile/graphite project, in Malawi,...