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); and
  • The International Centre for Settlement of Investment Disputes (ICSID).

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. 

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

  • October 11, 2024

    Applications invited for development of 50 MW Solar and 18 MWh BESS in Gambia

    The Government of the Gambia, through the Ministry of Petroleum and Energy (MoPE) and the National Water and Electricity Company (NAWEC), has received the World Bank’s support to develop a ...

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  • March 11, 2024

    Construction completed of 75 MW solar project in southeastern Bangladesh

    The Electricity Generation Company of Bangladesh (EGCB), backed by the World Bank and the Bangladeshi government, has finished building a 75 MW solar project in in Feni district, southeastern Banglade...

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  • February 21, 2024

    Bids invited for Battery Energy Storage Systems Projects in Mali and Niger

    The Project Implementation Units (UMOP) of Mali and Niger (EDM SA – NIGELEC) as well as the Regional Coordination Unit at the ECOWAS Commission (URC) have invited bids for the Design, Supply, In...

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  • January 03, 2024

    Bids invited for 30/90 KV substation construction project in Chad

    The Project Execution Unit of the National Electricity Company (CEP SNE) has invited sealed bids from eligible and qualified contractors for the comprehensive construction of the 30/90kV substation, w...

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  • December 11, 2023

    US$568 million loan support to CIF’s Clean Technology Fund (CTF)

    United States Treasury has supported the Climate Investment Funds (CIF) through a new US$568 million loan to CIF’s Clean Technology Fund (CTF).

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  • December 04, 2023

    EOI issued for 30 MW solar project in Chad

    National Electricity Company (NEC) has invited consulting engineers to express interest in supervising the construction of a 30 MW photovoltaic solar power plant, including a 60 MWh storage system, a...

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  • November 30, 2023

    Multicountry high-voltage transmission lines Interconnection Project launched

    The governments of Cameroon and Chad have officially launched a project to interconnect the southern and northern power system's high-voltage transmission lines. A total of 1,024 km of power tra...

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  • November 27, 2023

    Operation started of 25 MW Danzi solar park and battery energy storage system in Danzi village

    The Central African Republic (CAR) has inaugurated the 25 MW Danzi solar park and battery energy storage system in Danzi village, about 18km from the capital Bangui. Spanning 4 ha, this facility...

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  • November 23, 2023

    Bid invited for 132 kV backbone transmission project in Unguja Island

    Zanzibar Electricity Corporation has retendered its invitation to bid for the plant design, supply, and installation on a turnkey basis of 132 kV backbone transmission system infrastructure in Unguja...

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  • September 18, 2023

    Tender issued for 132 kV Transmission project in Tanzania

    Zanzibar Electricity Corporation has invited bids without prequalification for the procurement of plant design, supply and installation on a turnkey basis of 132kV backbone transmission system infrast...

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