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World Bank

The World Bank serves as an international financial institution granting loans to developing countries. The recipients have to pledge structural reforms in return.

The World Bank's official objective No. 1 is to reduce poverty. This page collates recent DW content on the lender's activities.

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DW Business Africa 01.03.2021

Okonjo-Iweala takes over as WTO Director-General - Startups could spur recovery in Sub-Saharan Africa - German hairdressers back to work
Panama Barro Colorado Island

One Planet summit: Merkel rails against deforestation 11.01.2021

The coronavirus pandemic put climate issues on the back burner in 2020. France and the UN hope the summit will get global leaders again talking about climate change policy and protecting biodiversity.

'Africans should always put themselves first' 03.01.2021

Africa’s Continental Free Trade Area is officially underway. The World Bank estimates that free trade could help 30 million Africans escape poverty, creating a domestic market of 1.2 billion people.

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DW Business Africa 25.11.2020

World Bank forecasts 7 percent growth in Kenya - Huawei's 5G role in the spotlight amid spying fears - German vials in spotlight as Covid-19 vaccine nears
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Africa's debt crisis grows amid COVID-19 pandemic 13.11.2020

Amid falling prices of raw materials, recession, and now COVID-19, Africa is in serious trouble as debt burden grows. Zambia is on the brink of defaulting on its foreign debt as a so-called grace period expires. 

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G20 to extend debt relief for poorer countries hit hard by COVID-19 14.10.2020

Officials from the world's richest countries have agreed to give the poorest nations more time to pay off their debts. It comes as many are struggling to balance the books in the midst of the global pandemic.
Bolivien I Bogota I Migration I Coronavirus

World in Progress: COVID-19 pandemic pushes up to 150 million more people into extreme poverty 14.10.2020

The World Bank has warned up to 150 million people are set to fall into extreme poverty due to the COVID-19 pandemic. Most of the new extreme poor will be in South Asia and sub-Saharan Africa. The pandemic has halted years of progress against global extreme poverty and is expected to rise this year for the first time in over two decades. DW speaks to Francisco Ferreira.
Covid-19 Special BKS

COVID-19 Special: Slums are vulnerable to coronavirus 13.10.2020

The World Bank says over 1 billion people face a heightened risk of COVID-19 due to overcrowded and substandard living conditions in slums and other informal settlements.

World Bank sounds alarm over developing world's debt 08.10.2020

After Zambia has announced it is unable to service its debt, more countries in the developing world are on the brink of bankruptcy. A debt moratorium is urgently needed, World Bank President David Malpass told DW.
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DW Business Africa 06.10.2020

World Bank sounds alarm on developping world debt - Number of Afghan female entrepreneurs on the rise - Cineworld closes 700 cinemas after James Bond delay
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Coronavirus digest: Paris closes bars to curb rising infections 05.10.2020

The French capital will keep restaurants open under strict measures, but bars will be closed. Meanwhile, the Czech Republic is back under the state of emergency after facing abysmal infection rates. Read the latest here.
Coronavirus in Indonesien

Pandemic to create millions of 'new poor' in East Asia: World Bank 29.09.2020

Up to 38 million people in East Asian and Pacific countries will be pushed into poverty by the coronavirus crisis, the World Bank has said. It will be the region's first increase in poverty in 20 years.

Coronavirus pushes 38 million Asians into poverty 29.09.2020

The number of poor peole in East Asia will rise for the first time in twenty years due to the coronavirus pandemic, the World Bank warns. Up to 38 Mmillion people could fall into poverty this year alone.

Belarus 'far from prosperous' despite low poverty rate 27.08.2020

According to World Bank figures, Belarus has an astonishingly low poverty rate of just 1%. In an interview for DW, Maxim Samorukov from the Carnegie Moscow Center explains why public discontent is growing nevertheless.

COVID-19 I Stau im Grenzgebiet Kenia und Uganda

Coronavirus confines African Free Trade Area, for now 14.08.2020

The start of the African Continental Free Trade Area (AfCFTA) was postponed due to the coronavirus. Experts believe that the pandemic could help give the ambitious free trade project a boost.
Südafrika Coronavirus

Is Africa a victim of bias by international investors? 14.08.2020

African leaders are flagging "unjustifiably" high borrowing rates charged by global investors. International organizations such as the IMF and the World Bank are equally complicit in perpetrating the bias, experts say.

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