Out of approximately 195 countries, there are 152 developing countries in the world. An estimated 6.74 billion people in total live in these developing countries; an outstanding number when comparing ...

According to a report by the International Monetary Fund (IMF), the growth in developing economies is expected to remain steady at 4.2% in 2024 and 2025. This stability is attributed to the fact that ...

8 November 2024 - There are 32 countries classified as Landlocked Developing Countries (LLDCs): 16 are in Africa, five in Asia, eight in the Commonwealth of Independent States and South-Eastern Europe ...

WASHINGTON, Dec. 3, 2024—Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year high in 2023, the World Bank’s latest ...

Croatia tops a list of countries that will be left behind if they do not invest in AI, with the lowest overall score, signalling a major gap in AI development. AI readiness is the product of four key ...

Japan, France, Germany, the United States and other wealthy nations are reaping billions of dollars in economic rewards from a global program meant to help the developing world grapple with the ...

The Awaza Political Declaration outlines a unified vision for enhancing transit connectivity, digital transformation, and climate resilience in LLDCs. Anchored in the Awaza Programme of Action, it ...

The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief. By Alan Rappeport Reporting from Washington Soaring inflation saddled developing ...

Developing countries need oil and gas resources to meet their needs for affordable and reliable energy, but that doesn’t mean that they shouldn’t be incentivized to transition to cleaner forms of ...