At the G20 Leaders Summit in Japan, World Bank Group President David Malpass stressed reducing inequality and realizing inclusive growth globally.

David Malpass |

It’s a cold spring day in Baku, and several students from Azerbaijan State Oil and Industry University (ASOIU) are huddled around a laptop trying to project an image onto their classroom wall.  …

Igor Kheyfets, Naveed Hassan Naqvi |

Closing Plenary of the Investor Forum. © World Bank “Private capital is often an important source of sustainable finance. Public finance alone may not be sufficient to meet the demands for…

Ceyla Pazarbasioglu |

The mobile money market is booming in Somalia. Approximately 155 million transactions, worth $2.7 billion or 36% of gross domestic product (GDP), are recorded every month. Mobile money accounts…

Thilasoni Benjamin Musuku |

Photo: The central square of the old town. Brasov. Transylvania. By Ann Stryzhekin/ Shutterstock When U.S. Commodore Matthew Perry arrived in Yokohama in 1854, it was a backwater village in Japan…

Marcel Ionescu-Heroiu, Yuko Okazawa |

Photo: UNSOM/Flickr Somalia’s capital city of Mogadishu is defined by a complex mix of challenges and opportunities. Despite political and economic struggles, Somalis are innovating to break the…

Roku Fukui, Christopher James Arderne |

Photo: Trocaire | Flickr Creative Commons In war-torn post-1991 Somalia, running water was a scarce commodity, to the misfortune of millions of people. Members of local communities rose to the…

Yolanda Tayler, Nazaneen Ismail Ali, Simeon Sahaydachny, Nataliya Langburd Wright |

When the central government of Somalia collapsed in 1991, everything collapsed with it. Infrastructure was destroyed. Basic services, such as electricity and clean water, were no longer provided.…

Mohamed Maqadin |

The president of the Somali Chamber of Commerce, Mohamoud Abdi Ali,  joins with the country's Minister of Commerce and Industry, Khadra Ahmed Dualle, at the IFC-sponsored Public-Private…

Klaus Tilmes |

A Thai business owner in Chiang Mai might open a small resort serving local people as well as tourists. It would probably take him about two months to set up his business after finding the…

Ulrich Zachau |