World Bank

Company description

The World Bank is an international financial institution that provides loans to developing countries for capital programs. The World Bank Group comprises five institutions managed by their member countries.

- The International Bank for Reconstruction and Development (IBRD) 

- The International Development Association (IDA) 

- The International Finance Corporation (IFC)

- The Multilateral Investment Guarantee Agency (MIGA) 

- The International Centre for Settlement of Investment Disputes (ICSID) 

The World Bank's official goal is the reduction of poverty. However, according to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of capital investment.

The World Bank provides low-interest loans, zero to low-interest credits, and grants to developing countries. These support a wide array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. 

Established in 1944, the World Bank Group is headquartered in Washington, D.C. We have more than 10,000 employees in more than 120 offices worldwide.

Company details

City:
Washington
Address:
1818 H Street, NW Washington, DC 20433 USA

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • February 19, 2020

    IFC launches consultancy tender for Dili Airport

    The International Finance Corporation (IFC), a unit of World Bank, has launched a tender for interested firms to deliver legal and technical consultancy services for the planned upgrade of the Pr...

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  • February 11, 2020

    Maldives launches tender for 21 MW ARISE Solar PPP Project

    The Government of the Republic of Maldives, through the Ministry of Finance, has launched the pre-qualification tender for the development of the Accelerating Renewable Energy Integration an...

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  • January 14, 2020

    RFEOI seeking consultant to prepare PPP and E&S handbook for World Bank

    The World Bank Group has issued a request for expression of interest (RFEOI) seeking a technical consultant to prepare a handbook for PPP and Environmental & Social (E&S). Environmental a...

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  • January 13, 2020

    IFC extends support for solar project in Bangladesh

    The International Finance Corporation, a unit of the World Bank, has entered into an agreement with the  Sustainable and Renewable Energy Development Authority (SREDA) of Government of Bangl...

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  • January 09, 2020

    RFEOI issued seeking PPP legal advisor in Belarus

    The World Bank in association with the government of Belarus has issued a request for expression of interest seeking legal advisors for PPP projects in Belarus. The objective of the advisor will...

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  • November 19, 2019

    Côte d’Ivoire signs agreement with World Bank for Scaling Solar program

    The World Bank Group, through its Scaling Solar program, and the Government of Côte d’Ivoire have signed an agreement to help Côte d’Ivoire develop its supply of affordable, re...

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  • October 30, 2019

    RFEOI issued for consultant for solar PPP in Lesotho

    The World Bank Group has issued a request for expression of interest (RFEOI) seeking consultant for solar photovoltaic mini-grid public-private partnership. The consultant will prepare a pre-feasibili...

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  • October 28, 2019

    IFC assists Kosovo in solar project tender

    The International Finance Corporation (IFC) of the World Bank has signed an agreement with the Government of Kosovo for the development of a 50 MW solar photovoltaic project.  IFC will assist th...

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  • October 04, 2019

    Belgrade waste PPP reaches financial close

    The municipal waste treatment and disposal services project in Belgrade awarded to a consortium led by Suez and Itochu has reached financial close.  IFC and MIGA, members of the World Bank...

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  • October 03, 2019

    IFC to structure metro concession in Brazil

    The State of São Paulo, through its Secretariat of Partnerships, signed a contract with the International Finance Corporation (IFC) – a member of the World Bank Group – to help stru...

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