December 13, 2024
Sierra Leone: World Bank Supports Sierra Leone With $80 Million to Enhance Macroeconomic Stability and Resilience
The World Bank today approved an $80 million financing package to support Sierra Leone's efforts to restore macro-fiscal stability and strengthen economic resilience. This… Read more »
Africa: Floods 2024 - N'Djamena's Resilience Thanks to Preventive Measures
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December 12, 2024
Africa: World Bank Supports Cabo Verde's Efforts to Strengthen Drivers of Growth
The World Bank approved a $25 million Development Policy Financing (DPF) loan for Cabo Verde, supporting key efforts to strengthen fiscal consolidation and sustainable economic… Read more »
December 10, 2024
Togo: $200 Million to Accelerate Reforms for Sustainable, Inclusive, and Resilient Development
The World Bank today approved $200 million financing from the International Development Association (IDA) to support ambitious policy reforms to promote more productive and… Read more »
South Sudan: New Report Reveals That Poverty and Vulnerability Remain Endemic in South Sudan, Despite the Country's Abundant Resources
A new South Sudan Poverty and Equity Assessment (PEA) Report, released today by the World Bank, indicates that poverty is endemic, and vulnerability is almost universal following a… Read more »
Africa: Reforms Are Needed to Stem a Slow-Down in Kenya's Economic Growth
Kenya's GDP is projected to grow at 4.7% in 2024, slower when compared to 5.6% in 2023 and closer to the country's pre-pandemic average of 4.6% per year between 2011-2019,… Read more »
December 04, 2024
Burundi: Refugees As Catalysts for Local Development in Burundi
The presence of refugees in Burundi's communities has proven to be a catalyst for local development, transforming challenges into opportunities for growth and collaboration.… Read more »
Africa: Designing Fiscal Instruments for Sustainable Forestry and Economic Growth
According to a World Bank report published today, the Central African economy has remained stagnant, with GDP growth estimated to register 0.7% in 2024, before gradually rebounding… Read more »
Africa: New Report Calls for Urgent Action to Build a Resilient Future in Central African Republic
New World Bank report highlights the urgency for the Central African Republic (CAR) to build resilience to climate change and curb poverty, which could increase by 3% in urban… Read more »
December 03, 2024
Djibouti: Powering Growth and Strengthening Resilience At a Strategic Crossroads
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November 26, 2024
Africa: Ujasiriamali - Self-Employment and Job Creation for Youth in Kenya
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November 21, 2024
Africa: Investing in the Success of Adolescent Girls in Africa Requires a Targeted Approach
Amid growing calls to invest in human capital and expand job opportunities for Africa's burgeoning youth population, a new report underscores the challenges faced by a critical… Read more »
November 20, 2024
Africa: Free Medical Care Protects Vulnerable Families in Guinea
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November 13, 2024
Africa: Benin - a Win-Win Partnership for the Inclusion of Young People With Little or No Education
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Africa: New Report Outlines Pathways to Sustainable Growth in Rwanda
Today, the Government of Rwanda and the World Bank launched the Rwanda Country Economic Memorandum (CEM), titled "Pathways to Sustainable and Inclusive Growth in Rwanda." This… Read more »
November 07, 2024
Ethiopia: New Hope - Ethiopia's Bold Move Grants Refugees the Right to Work
In a bustling marketplace on the outskirts of Addis Ababa, Lula Maygag Guray's food stall hums with activity. The smell of injera and samosa draws a crowd each day. However, ever… Read more »
October 31, 2024
Africa: €635.5 Million Package to Drive Growth, Strengthen Climate and Social Resilience
The World Bank today approved a €635.5 million International Development Association (IDA)* financing package to support the Government of Benin's efforts to strengthen… Read more »
October 30, 2024
Kenya: New Program to Enhance Equity and Quality of Secondary Education for Four Million Learners
Approximately four million secondary school learners in Kenya will benefit from more equitable and inclusive education services under the new Secondary Education Equity and Quality… Read more »
October 14, 2024
Africa: Urgent Education Reform Key to Unlocking Faster, More Inclusive Growth in Africa
Despite signs of a fragile economic recovery, Sub-Saharan Africa, remains stuck in "low gear" with a large youth population at risk of being left behind. According to the latest… Read more »
October 11, 2024
Africa: Gender-Based Violence (GBV) Response Services in Ethiopia - Empowering Women and Girls in Conflict-Affected Areas
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October 10, 2024
Africa: Girls Transform Africa - Five Reasons Why Investing Today Will Build the Africa of Tomorrow
As we mark the International Day of the Girl Child, it is sobering to realize that only 16 million out of more than 37 million adolescent girls in Western and Central Africa are… Read more »
Africa: Sierra Leone Should Adopt Fiscal Consolidation Measures to Ensure a Sustainable Economic Environment
Sierra Leone's economy grew by 5.7% in 2023, exceeding expectations, driven by strong performance in the mining sector. However, growth is projected to slow to 4.3% in 2024 due to… Read more »
October 08, 2024
Africa: Equatorial Guinea Economic Update - Designing Fiscal Instruments for Sustainable Forestry
The World Bank today issued the 2024 Equatorial Guinea Economic Update which analyzes the country's recent economic developments and outlook and highlights the importance of… Read more »
Congo-Kinshasa: Response to the Mpox Epidemic - Interview With Dr. Michel Muvudi On the World Bank's Strategic Role in the Democratic Republic of Congo (DRC)
In the fight against the mpox epidemic in the Democratic Republic of Congo, the World Bank has rolled out a number of major initiatives to support the government and the affected… Read more »
Zimbabwe: World Bank Group Unveils Strategy to Drive Inclusive Growth and Resilience in Zimbabwe
The World Bank Group's Board of Executive Directors has approved the new Country Engagement Note (CEN) for Zimbabwe (2025-2026), focused on supporting the country's immediate… Read more »