WASHINGTON, June 18, 2021 —In order to improve incomes and build social and economic resilience of local communities in selected rural areas of Northern Mozambique, the World Bank approved today a $150 million credit from the International Development Association (IDA)* in support of the Government of Mozambique’s Northern Mozambique Rural … Read More
WASHINGTON, May 21, 2021– The World Bank has approved additional financing of $11 million from the International Development Association (IDA)* to improve connectivity in Togo and develop the country’s digital economy.
The additional financing for the West Africa Regional Communications Infrastructure Program (WARCIP) will strengthen the contribution to major … Read More
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The global nature of the COVID-19 pandemic calls for a coordinated effort toward recovery. The pandemic has resulted in the creation of not only a health crisis but also … Read More
While containment of the global Covid-19 pandemic remains an uppermost priority for countries around the world, policymakers are simultaneously pursuing ways to actively promote economic recovery and a transition to a new normal. In these efforts, Governments are exploring opportunities to strengthen intra-regional and interregional economic ties; and to share … Read More
The COVID-19 pandemic has exposed critical weaknesses in today’s infrastructure systems that have cost thousands of lives and failed to shield millions more. The destructive force of climate change, visible in more frequent and severe natural disasters, highlights the urgency to better protect our communities against catastrophic losses while drastically … Read More
IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2020, we invested $22 billion … Read More
Food security goes beyond ensuring a steady supply. Dependable logistics are key components necessary to move food—and production inputs—from one place to another.
In Ethiopia, a landlocked country of 110 million people with 85 percent of its population engaged in agriculture, timely access to agricultural inputs is vital.
The East … Read More
Africa remains the least connected continent and only 10 of 45 tracked African countries meet the affordability standard for internet, as recommended by the United Nations Broadband Commission.
It will, therefore, be crucial for governments, the private sector, and other partners to work together to build digital infrastructure, advance digital … Read More
The construction of Dar es Salaam- Isaka railway is at it final stage according to the nation Minister for Works, Transport and Communications, Engineer Isack Kamwelwe.
Speaking during the commissioning of one locomotive among the seven locomotives that are being repaired at Morogoro’s state-of-the-art workshop, he noted that the project … Read More
Kenya Government has secure a loan worth US$746.8m(Sh81billion) from the World Bank for the upgrading of Isiolo-Mandera road.
The 750-kilometre Isiolo-Mandera road is aimed at improving the movement of people and goods, digital connectivity and access to social services for over 3.2 million people living in the North-Eastern region where … Read More
Africa is the only region in which women are more likely than men to be entrepreneurs. Yet, women earn 34% less in profits than men on average. Learn how closing the gender earnings gap can lead to more innovation, higher productivity, & new jobs
DOWNLOAD THE WORLD BANK REPORT… Read More
On the latest edition of The Development Podcast, hosts Paul Blake and Raka Banerjee explore the gender dynamics at play during the COVID-19 pandemic with the World Bank’s Global Director for Gender, Caren Grown.
… Read More
As in many other developing countries, Tanzania’s rural residents depend heavily on low-volume roads to reach jobs, services, markets, and go about their daily lives. The transport network was conceived primarily to accommodate cars and truck when, ironically, most road users in these areas do not own a vehicle. As … Read More
The World Bank and IFC have merged their respective Young Professionals Programs into one World Bank Group Young Professionals Program (WBG YPP). The new program is now accepting applications on behalf of three institutions (the World Bank, IFC and MIGA). Building on the rich legacy of its predecessor … Read More
Education as we know is the focal point for development during every individual life. It is one fundamental aspect that should never be ignored by government of EVERY nation.
SO WHAT IS EDUCATION INFRASTRUCTURE?
Education infrastructure are crucial elements of learning environments in schools and university. High-quality infrastructure enable a … Read More
Rwanda secure funds from World Bank for degraded wetlands improvement.
World Bank will help restore degraded wetlands of Rwanda state capital Kigali. This state was made public by the Rwanda Environment Management Authority (REMA).
According to REMA, the fund from World Bank will help restore Gikondo Industrial Zone which has … Read More
World Bank making plans to invest in Ghana Cocoa industry.
Cocoa is Ghana chief agricultural export and cash crop. This is why the World Bank is investing fund to help shore up production of the crop over the next five years.
The project which is under the Cocoa Sector Value … Read More
World Bank announce Pierre Frank Laporte as new country director for Ghana, Liberia and Sierra leone.
Pierre Frank Laporte is the new country director for Ghana, Liberia and Sierra leone. According to the release, Pierre Frank Laporte who is from Seychelles, will be based in the World Bank’s Accra Office. … Read More
Africa’s Young President negotiates lower oil prices in Madagascar.
President Andry Rajoelina discusses with oil industry representatives to lower the market price of petroleum products. These discussion border around the need for a more affordable price that will be favourable for the economy. The Malagasy household depend on petroleum products … Read More
Kenya Government request US$750million from World Bank for infrastructural developments
Kenya Government has ask for fund from the world bank for development of different infrastructure. The fund will be use to provide affordable housing, agriculture and other projects. The request is worth US$750million.
The request is the first time in … Read More