Key facts
- The World Bank's loan-backed bond program has surpassed $1 billion.
- An additional $509 million was raised for job creation in developing nations.
- A World Bank initiative to provide electricity to 300 million Africans by 2030 has reached nearly 20% of its goal.
The World Bank's loan-backed bond program has surpassed the $1 billion mark after raising an additional $509 million for job creation initiatives in developing nations. In a separate development, a World Bank initiative aimed at providing electricity to 300 million Africans by 2030 has achieved nearly 20% of its target two years after its launch.