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

  • January 15, 2024

    Bids invited for University of Dar es Salaam Kagera campus building construction project

    University of Dar es Salaam (UDSM) has invited bids for the construction of buildings at the Kagera campus in Tanzania. The project includes the construction of an administration building, a student...

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  • January 09, 2024

    Bids invited for construction of one-lane bridge over Mandoul River in Chad

    The Ministry of Infrastructure and Accessibility has invited bids for the construction works of a one-lane bridge over the Mandoul River at PK1+750 of the Bédaya-N'galo-Moissala axis in the Man...

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  • December 29, 2023

    Consultant sought for Nile river port project in South Sudan

    South Sudan’s Ministry of Transport has invited consulting firms to express interest in conducting the environmental and social impact assessment for proposed dredging works in the Juba to Bor s...

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  • December 29, 2023

    Bids invited for Dakar Bus Rapid Transit Project in Senegal

    Senegal Roads Works and Management Agency (AGEROUTE) has invited a bid to carry out rehabilitation work on Senegal's Dakar Bus Rapid Transit Pilot Project, specifically on the Parcelles Assainies stat...

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  • December 14, 2023

    Consultant sought for raw water collection channel and distribution network rehabilitation project in Mocuba

    Mozambique’s Water Supply Investment and Heritage Fund has invited consulting firms to express interest in the rehabilitation of the raw water collection channel and distribution network in Mocu...

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  • December 01, 2023

    EOI issued for Solid Waste Management PPP project in Senegal

    The Senegal government has invited consulting firms to express interest in conducting pre-feasibility studies, prior evaluation, and providing transaction advisory services for the solid waste managem...

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  • November 22, 2023

    EOI issued for multimillion Bus Rapid Transit PPP Project in Senegal

    AGEROUTE Senegal has invited Expressions of Interest (EOI) to carry out the supervision of infrastructure development works related to the Bus Rapid Transit (BRT) pilot project in Dakar, Senegal.

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  • November 08, 2023

    EOI invited for sanitation services improvement project in Mozambique

    Mozambique’s Administration of Water and Sanitation Infrastructures Public Institute (AIAS, IP) has invited Expressions of Interest (EOI) from consultants to improve sanitation services in the N...

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  • October 12, 2023

    Bids invited for Dar Es Salaam Maritime Gateway Improvement Project in Tanzania

    Tanzania Ports Authority has invited bids for a power project as part of the Dar Es Salaam Maritime Gateway Improvement scheme. The task involves designing, supplying, installing, and commissioning e...

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  • October 02, 2023

    Bids invited for University of Dar es Salaam's new buildings construction across several campuses in Tanzania

    The University of Dar es Salaam (UDSM) has invited bids from contractors to construct new buildings across several campuses in Zanzibar, Tanzania. The project is divided into two packages,...

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