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 »

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 »

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 »

South Africa: Raising South Africa's Economic Prospects By Curbing Crime

The impact of crime on South Africa's economic prospects is high and broad-based, according to a World Bank report released today. The report aims to contribute to a better… Read more »

Africa: World Bank Approves a $60 Million Grant to Avert Acute Shortages of Critical and Lifesaving Commodities

Commercial Banks in Malawi will now have access to an imports backstopping facility through a $60 million grant from the International Development Association* (IDA) approved by… Read more »

Gambia: The Gambia Receives $60m to Boost Sustainable Growth and Climate Resilience

The World Bank board today approved $60 million in financing from the International Development Association (IDA) to support the Government of The Gambia's efforts to unlock its… Read more »

South Africa: World Bank's U.S.$1 Billion Loan to Help Tackle Power Crisis

The World Bank Board supports the Government of South Africa's efforts to promote long-term energy security and a low carbon transition with a $1 billion Development Policy Loan… Read more »

Africa: To Avert a 'Lost Decade', Africa Must Urgently Achieve Stability, Increase Growth, and Create Jobs

Sub-Saharan Africa’s economic outlook remains bleak amid an elusive growth recovery. According to the latest World Bank Africa’s Pulse report, rising instability,… Read more »

Africa: Continent's Growth Remains Low - World Bank

Growth across Sub-Saharan Africa remains sluggish, dragged down by uncertainty in the global economy, the underperformance of the continent's largest economies, high inflation, and… Read more »

Africa: The Transformation of Africa Starts With Our Girls

"When you educate a girl, you educate a nation." This African proverb resonates with the values passed on to me by my parents and guides my determination to drive change in the… Read more »

Comoros: Comoros Receives $30 Million to Provide Emergency Cash Transfers and Improve the Resilience of Vulnerable Households

The World Bank approved a $30 million grant of which $15 million comes from the Crisis Response Window to provide both immediate and medium-term support to vulnerable populations.… Read more »

Cote d'Ivoire: A New Strategy to Support Economic and Social Transformation in Côte d'Ivoire

The World Bank Group today presented a new Country Partnership Framework (CPF) 2023-2027 with Côte d'Ivoire that focuses on improving human capital, reducing disparities and… Read more »

West Africa: Accelerating Access to Renewable Energy in West Africa

Sierra Leone, Chad, Liberia, and Togo Kick Off Activities to Increase Grid-Connected Renewable Energy Capacity Read more »

Africa: Ghana Begins Receiving Payments for Reducing Carbon Emissions in Forest Landscapes

Ghana has become the second country in Africa after Mozambique to receive payments from a World Bank trust fund for reducing emissions from deforestation and forest degradation,… Read more »

Zimbabwe: Pilot Project Shows How Grants, Cash, and Menstrual Pads Can Keep Adolescent Girls in School

STORY HIGHLIGHTS Read more »

Tanzania: Over 400,000 Students to Benefit From Improved and More Inclusive Education in Zanzibar

More than 400,000 primary students in Zanzibar, half of them girls, will have access to more a conducive learning environment with reduced class sizes and strengthened teacher… Read more »

Rwanda: World Bank Provides $200 Million to Support Accelerated Human Capital Development in Rwanda

The World Bank's Board of Directors approved $200 million in International Development Association (*IDA) financing to advance Rwanda's policy and institutional reform program for… Read more »

Zambia: World Bank Releases $100 Million for Zambia Amid Substantial Delays in Debt Restructuring

The World Bank announced today that it is releasing the second tranche of its support for the Zambia Macroeconomic Stability, Growth and Competitiveness Program - a $100 million… Read more »

Africa: New Financing to Support Inclusive and Resilient Economic Recovery and Improved Healthcare Services

The World Bank has today approved two financing programs for Tanzania totaling $775 million. The new International Development Association (*IDA) financing consists of a $500… Read more »

West Africa: World Bank Approves $311 Million to Increase Grid-Connected Renewable Energy Capacity in West Africa

Existing and prospective electricity customers in Chad, Liberia, Sierra Leone, and Togo will benefit from the new Regional Emergency Solar Power Intervention Project (RESPITE)… Read more »

Cameroon: World Bank Group Supports Cameroon to Promote Inclusive and Robust Growth and Economic Resilience

The World Bank Group's Board of Executive Directors today approved a $100 million Fiscal Consolidation and Inclusive Growth Development Policy Operation (DPO) to support inclusive… Read more »

West Africa: World Bank Approves $246 Million to Strengthen Coastal Resilience in West Africa

Populations at immediate risk from coastal erosion, flooding and pollution, and people depending on agroindustry and tourism along the coastlines in The Gambia, Ghana, and… Read more »

Africa: World Bank Grants $70 Million for Delivery of Water, Agriculture, Livestock, and Environmental Services in Somalia

The World Bank approved a $70 million International Development Association (IDA*) grant to develop resilient water, agriculture, and environmental services for rural communities… Read more »

Nigeria: To Reduce Its Vulnerability to Crisis and Rise to Its Potential, Nigeria Has Urgent Choices to Make

Nigeria's economy needs to grow faster to reduce poverty. Despite favorable global oil prices, "business as usual" economic management is not delivering desired outcomes and, even… Read more »

Africa: Trade in the African Continental Free Trade Area Could Expand Uganda's Economy

The Ugandan economy needs to grow rapidly, sustainably, and broadly to reach middle-income status, lift its population out of poverty, and generate enough jobs for one of the… Read more »