The BRICS group of developing nations is set to announce a new guarantee fund backed by the New Development Bank (NDB) to ...

BRICS group to launch new guarantee fund through NDB to boost investment and lower financing costs, Reuters reports.

The proposed BRICS Multilateral Guarantee (BMG) mechanism, incubated within the NDB, has received technical approval from ...

The nuclear renaissance has come to the World Bank, but obstacles still remain with regard to funding and liabilities.

The World Bank's board has agreed to end a longstanding ban on funding nuclear energy projects in developing countries as ...

BRICS nations need to build consensus, balance innovation and social justice by reinforcing the digital sovereignty of Global South, including evenly distribution of benefits through AI.

The memorandum of understanding (MoU) cements over a year of close collaboration between the two institutions and represents ...

America’s largest trade partner is awaiting word on whether U.S. President Donald Trump will impose punishing tariffs on its ...

KAMPALA, UGANDA | THE INDEPENDENT | Countries in the IGAD region, which include Uganda, Djibouti, Ethiopia, Kenya, Somalia, ...

According to a new OECD report, government policies in Mexico helped reduce relative poverty by 3.9 percentage points from ...

Created in 1944, it is the original member of the World Bank Group and operates as a global development cooperative owned by 189 nations. The World Bank provides loans, guarantees, risk management ...

The alliance of emerging economies hopes to offer a counterweight to the United States and other Western powers. But military ...