The World Bank

Young change-makers from around the world gathered at the #WBGYouthSummit to tackle urgent global challenges. This year’s focus was on digital transformation, creative industries, and youth-led innovation for a livable planet. Catch up on key sessions, including a civil society roundtable and plenaries on data-driven solutions and youth-led innovations in agriculture.

With approximately 5.45 billion people connected to the internet, alongside roughly 18 billion Internet of Things devices, economies, societies, businesses, and individuals have become highly dependent on the smooth operation of online systems. #Cybersecurity is no longer just a technical challenge; it’s a critical economic and development priority, especially for emerging markets. The report, 𝗖𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰𝘀 𝗳𝗼𝗿 𝗘𝗺𝗲𝗿𝗴𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁𝘀, dives into the drivers and consequences of cyber incidents worldwide. By analyzing thousands of cyber incidents across 190 countries, it uncovers key trends and provides practical, evidence-based policy recommendations to strengthen resilience in the most critical sectors. From strategic investments to policy actions, this report highlights steps that governments and private sector leaders can take to mitigate risks and protect #digital #infrastructure. 🔗 Read more: http://wrld.bg/C6YY50UYQzq

📩 𝟭 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲𝗿𝘀—𝗮𝗻𝗱 𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴. Every Monday, our World Bank Weekly Update LinkedIn newsletter delivers the latest development news—plus data, digests, and videos—from across The World Bank It’s a quick, weekly read that brings global insights straight to your feed. If you haven’t subscribed yet, now’s the time to join a growing community of readers who want to stay informed and connected. 👉 𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝗵𝗲𝗿𝗲: https://lnkd.in/efTVCnik

Traditional data systems in low- and middle-income countries often lag behind rapid change. But the private sector brings tools, capital, and innovation—think AI, cloud platforms, and satellites—that can help close critical data gaps. What if the private sector became a builder—not just a user—of development data? Lisandro Martin and Haishan Fu offer their insights on how public-private collaboration can close data gaps and unlock more inclusive, data-driven development.

A good business idea can strike anywhere. But where it lands often determines how easily it can be turned into a thriving business. Startups in developing countries often struggle to gain traction—they face tougher odds when it comes to securing investment, scaling up, or breaking through as standout success stories. But business accelerators are proving to be a valuable way to level the playing field. Recent research shows: ➡️ Startups in acceleration programs raise more capital and grow faster. ➡️The benefits go beyond founders—employees gain valuable skills and earn higher wages. ➡️Success hinges on how accelerators operate: selection, services, and incentives matter. Programs like IFC - International Finance Corporation’s 𝗦𝘁𝗮𝗿𝘁𝘂𝗽 𝗖𝗮𝘁𝗮𝗹𝘆𝘀𝘁, which supports 750 startups in 65 developing countries through 22 accelerators and seed funds, show that combining funding with structured support leads to better outcomes than funding alone. Want to learn how we can unlock more startup potential in emerging markets? 𝗘𝘅𝗽𝗹𝗼𝗿𝗲 𝘁𝗵𝗲 𝗳𝗶𝗻𝗱𝗶𝗻𝗴𝘀 𝗮𝗻𝗱 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗵𝗲𝗿𝗲: http://wrld.bg/SR2Q50W0s0t #Finance #EmergingMarkets #BusinessGrowth #PrivateSectorDevelopment

Our series "Since You Asked" 💬 explores what you need to know about The World Bank Group, including questions like: How do guarantees help investors in fragile markets? Through the World Bank Group Guarantee Platform, we unlock investment where it's needed most. Here’s how guarantees work. ⬇️

Sign up now for our 𝗳𝗿𝗲𝗲, open online courses! Whether you're passionate about women's empowerment or curious about behavioral science, these self-paced courses offer valuable insights for professionals and policymakers alike: ⁠ 1️⃣ 𝗛𝗼𝘄 𝗱𝗼 𝗹𝗲𝗴𝗮𝗹 𝗯𝗮𝗿𝗿𝗶𝗲𝗿𝘀 𝗹𝗶𝗺𝗶𝘁 𝘄𝗼𝗺𝗲𝗻’𝘀 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗽𝗮𝗿𝘁𝗶𝗰𝗶𝗽𝗮𝘁𝗶𝗼𝗻? Explore laws across 190 countries, gain practical tools to influence policy, and help advance gender equality. 🗓️ Available: June 10 – October 30 ⁠ 2️⃣ 𝗖𝘂𝗿𝗶𝗼𝘂𝘀 𝗵𝗼𝘄 𝗯𝗲𝗵𝗮𝘃𝗶𝗼𝗿𝗮𝗹 𝘀𝗰𝗶𝗲𝗻𝗰𝗲 𝗰𝗮𝗻 𝘁𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺 𝗴𝗹𝗼𝗯𝗮𝗹 𝗽𝗼𝗹𝗶𝗰𝗶𝗲𝘀? Learn how the World Bank applies innovative approaches to drive impact in education, health, climate action, and more. 🗓️ Available: May 12 – December 31 Learn more: http://wrld.bg/Ly2s50W08m9

As digitization transforms our daily lives, it’s also reshaping the future of finance. A growing wave of innovation is using transactional data—like cash flow or purchase history—to assess creditworthiness, especially for small businesses that lack traditional assets. Sophie Sirtaine and Indermit Gill explore how digital data is becoming a powerful tool for financial inclusion, and what’s needed to ensure this transformation benefits everyone. The Banker

Accessing development data just got easier & smarter. We launched #Data360 —The World Bank's hub for social, economic & development insights. We brought together up to 300M data points and 11k indicators into one powerful platform. From GDP growth to climate metrics, education rates to poverty data, it's all here, in one place, ready to power your work. Dive in and explore the data: http://wrld.bg/R1gM50VWwLk

Sub-Saharan Africa’s economy is showing signs of resilience, with growth projected to reach 3.5% in 2025 and 4.3% by 2026–2027, driven by rising private consumption and investment as inflation eases. But this momentum is not enough to significantly reduce poverty or meet the region’s development goals. The latest 𝘼𝙛𝙧𝙞𝙘𝙖’𝙨 𝙋𝙪𝙡𝙨𝙚 explores what it will take to deliver better governance and real progress for people across the continent. 𝗞𝗲𝘆 𝗿𝗲𝗽𝗼𝗿𝘁 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: ➡️ 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗿𝗲𝗰𝗼𝘃𝗲𝗿𝘆: Sub-Saharan Africa’s economic outlook is improving, yet growth remains too modest to meaningfully reduce poverty and deliver on the region’s development aspirations. ➡️ 𝗗𝗲𝗰𝗹𝗶𝗻𝗶𝗻𝗴 𝗶𝗻𝗳𝗹𝗮𝘁𝗶𝗼𝗻: The median inflation rate declined from 7.1% in 2023 to 4.5% in 2024, and it is projected to bounce back slightly to 4.6% in 2025–27. This was driven by easing supply chain pressures, contractionary policies, and greater currency stability across the region. ➡️ 𝗝𝗼𝗯𝘀: Governments and citizens need a new social contract—one that boosts spending efficiency and creates the conditions for more and better jobs through fairer taxation, improved public services, and transparent regulations that support business growth. 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗿𝗲𝗽𝗼𝗿𝘁 to learn how Sub-Saharan Africa can harness its economic momentum to expand job opportunities, strengthen governance, and deliver impact. http://wrld.bg/8HfS50VWwka