March 05
Central Africa: Voices From Western and Central Africa - Standing Up for the Power of Girls
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January 30
Africa: Somalia's Quest for Progress Unveiled Through Data
STORY HIGHLIGHTS Read more »
January 23
Ghana: World Bank to Provide $300 Million to Ghana to Strengthen Macroeconomic Stability and Support Resilient Economic Growth
The World Bank today approved a $300 million Development Policy Operation for Ghana. The First Resilient Recovery Development Policy Financing is a critical contribution by the… Read more »
January 22
Mozambique: Shaping the Skills and Jobs of Youth in Mozambique - Technical and Vocational Training
Aurora Miranda is a young woman on a mission: connecting homes in her community to the power grid. Read more »
January 18
West Africa: Enhancing Food Security in West Africa
The World Bank today approved an amount of $200 million in IDA* financing to support the third phase of the Food Systems Resilience Program (FSRP-3) to increase preparedness… Read more »
Africa: World Bank Group Statement On Debt Restructuring Agreement for Ghana
The World Bank Group today released the following statement: Read more »
January 11
Burundi: Burundi Receives a Boost to Continue Strengthening Public Financial Management
Burundi is making steady progress in enhancing Public Financial Management (PFM) efficiency and transparency in recent years and is committed to implementing reforms aimed at… Read more »
Togo: Transforming Lives in Vulnerable Communities in Togo
Akossiwa Akakpo lives in Ognawlou, a village located about 35 kilometers from Atakpamé in southern Togo. She is eager to send her granddaughters to school for their future… Read more »
January 10
Burundi: World Bank Provides Continued Support for Energy Access in Burundi
Although Burundi's economic growth is steadily improving, efforts risks stalling due to lack of access to electricity which affects households,industries, and commercial premises.… Read more »
December 20, 2023
Tanzania: New Financing to Support Private Sector-Led Inclusive Growth and Climate-Resilient Development in Dar es Salaam
Today the World Bank Board of Executive Directors approved two new financing operations for Tanzania: a $750 million Development Policy Financing (DPF) operation set to support… Read more »
Southern Africa: Two Million People to Be Protected From Water-Related Climate Shocks and Flooding in Eastern and Southern Africa
Nearly two million people will be protected from exposure to water-related climate shocks, including flooding, thanks to protective and resilient infrastructure, improved disaster… Read more »
Kenya: Kenya's Economic Performance Strengthened in 2023 Despite Continued Challenges
Kenya's economic performance strengthened in 2023 despite continued challenges, with real GDP growth accelerating from 4.8% in 2022 to an estimated 5% in 2023. This is according to… Read more »
December 19, 2023
Central Africa: A One Health Approach to Boost Health Security in Western and Central Africa
The World Bank Board today approved a Health Security Program for Western and Central Africa in a move to boost health security in the sub-region. During its first phase, the $500… Read more »
Tanzania: Urgent Reforms Needed to Enable Strong Private Sector-Led Inclusive Growth
DAR ES SALAAM, December 19, 2023-Over the past two decades, Tanzania has exhibited robust economic growth, surpassing many developing countries, even weathering the COVID-19… Read more »
December 14, 2023
Africa: Sierra Leone - World Bank Approves U.S.$65 Million to Support Macroeconomic Stability and Governance
The World Bank Board of Executive Directors today approved the Third Inclusive and Sustainable Growth Development Policy Financing (DPF) - a $65 million grant which will support… Read more »
Kenya: Kenya Can Build On Past Success to Make Growth More Inclusive and Accelerate Poverty Reduction
Kenya has in the past been successful in translating economic growth into improved living standards of its citizens. Despite progress, the challenge going forward is to ensure the… Read more »
December 13, 2023
Africa: IMF and World Bank Announce $4.5 Billion in Debt Relief for Somalia
The Executive Boards of the International Monetary Fund (IMF) and the World Bank's International Development Association (IDA) have approved the Heavily Indebted Poor Countries… Read more »
Malawi: Malawi Country Economic Memorandum Calls for Significant Policy Reforms to Achieve Higher Rates of Growth
Malawi's per capita economic growth has been insufficient to reduce high and stubborn rates of poverty, according to the latest World Bank Country Economic Memorandum (CEM). The… Read more »
Zimbabwe: Continued Reforms to Boost Macro-Economic Stability in Zimbabwe
Economic growth is projected to slow to 3.5 percent in 2024, a decrease from 4.5 percent in 2023, as agricultural output is expected to suffer from depressed global growth and the… Read more »
December 12, 2023
Kenya: Kenya Taps World Bank Support to Create Up to 45,000 New Job Opportunities and Enhance Access to Markets for Small Businesses
The World Bank has approved the Kenya Jobs and Economic Transformation Project (KJET) to benefit at least 45,000 Kenyans, including at least 6,800 women through new or improved job… Read more »
December 07, 2023
Africa: From Trash to Trendy Shoes - Access to Business Training and Financing Transforms Waste Into Profits
With a penchant for environmental consciousness, Misgana Gebre Egziabhair skillfully crafts sustainable footwear using recyclable materials such as repurposed automobile tires and… Read more »
Benin: Benin Can Create Opportunities for a Just Energy Transition and Green Inclusive Growth - World Bank Report
While high growth over the past decade has helped Benin reduce poverty, the country's development gains are threatened by the impact of climate shocks, according to the new Country… Read more »
December 05, 2023
Africa: 40 Million People in Djibouti and Ethiopia to Reap Gains From Expansion of Digital Economy
Communities in Djibouti and Ethiopia, including borderland areas, refugees and host communities, will benefit from enhanced connectivity as part of a World Bank-backed initiative… Read more »
December 04, 2023
Madagascar: Madagascar Receives $8.8 Million for Forest Carbon Credits That Will Further Protect the Remaining Forests and Communities
Madagascar received $8.8 million for carbon credits from reducing 1.76 million tons of carbon emissions in 2020, becoming the third country in Africa (after Mozambique and Ghana)… Read more »
December 03, 2023
Rwanda: A Strong Commitment to Human Capital Is an Investment in Rwanda's Future
"It brings me joy to be considered and compensated by the government, just like other teachers," says Angelique Ayinkamiye, a nursery teacher in Kigali, Rwanda. Read more »