Source: The World Bank Group |

The Lake Victoria Challenge — Transforming Mobility

UNICEF, the World Food Programme and the World Economic Forum join the Lake Victoria Challenge, an initiative launched by the Government of Tanzania and the World Bank Group

The World Bank, the World Food Programme, UNICEF and the World Economic Forum Centre for the Fourth Industrial Revolution have come together to support the Government of Tanzania in the organization of the Lake Victoria Challenge, an initiative that aims to explore drones as a new mobility model for the…

Source: The World Bank Group |

Africa Loses Billions of Dollars Due to Child Marriage, Says New World Bank Report

Child brides are much more likely to drop out of school and complete fewer years of education than their peers who marry later

Child marriage will cost African countries tens of billions of dollars in lost earnings and human capital, says a new World Bank report launched ahead of the African Union Commission’s second African Girls Summit on Ending Child Marriage taking place in Ghana this week.  According to Educating Girls and Ending…

Source: The World Bank Group |

Sustainable Blue Economy Conference Nairobi, Kenya

This high-level, global conference will bring together about 4,000 participants to identify the economic benefits of healthy waters

World leaders are beginning to recognize the enormous pressures facing our oceans and waters, from plastic pollution to the adverse impacts of climate change. At the same time, governments are committed to develop marine-related economies in an inclusive and sustainable manner for the benefit of all. It is in this…

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Source: The World Bank Group |

World Bank Group Announces L’Afrique Excelle to Support Francophone Africa’s Top Tech Entrepreneurs

L’Afrique Excelle is the Francophone edition of XL Africa, a successful pan-African accelerator launched by the World Bank Group in 2017

The World Bank Group (www.WorldBank.org) announced L’Afrique Excelle, a six-month business acceleration program designed to support the 20 most promising growth stage technology start-ups operating in Francophone Africa. Entrepreneurs will receive mentoring from global and local experts, learn through a tailor-made curriculum, increase their brand visibility, and get access to…

Source: The World Bank Group |

World Bank, Government of Kenya to Discuss Disability Inclusive Education in Africa

It is estimated that fewer than 10 percent of children with disabilities in Africa attend school

The World Bank, in collaboration with United States Agency for International Development (USAID) and UNICEF, will conduct a Technical Learning Session on Inclusive Education from October 23 – 25, 2018 in Nairobi, Kenya. The event is co-hosted by the Government of Kenya. It is estimated that fewer than 10 percent…

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Source: The World Bank Group |

Growth in Sub-Saharan Africa Slower than Expected

Investments in Non-Resource Sectors, Jobs, and Efficient Firms and Workers are Needed

Sub-Saharan African economies are still recovering from the slowdown in 2015-16, but growth is slower than expected, according to the October 2018 issue of Africa’s Pulse, the bi-annual analysis of the state of African economies by the World Bank. The average growth rate in the region is estimated at 2.7…

Source: The World Bank Group |

World Bank Press Briefing on the Latest Africa Economic Update

Wednesday, October 03, 2018, 2.30 pm Kenyan time, Room 11-05, World Bank, Delta Center, Menengai Road, Upper Hill

Please join the World Bank Chief Economist for Africa, Albert Zuefack for a discussion on Africa’s recent economic progress and future challenges in sustaining Africa’s economic growth in a changing global environment as they present the Africa Economic Update, Africa’s Pulse. DATE:                          Wednesday, October 03, 2018 TIME:                            2.30…

Source: The World Bank Group |

World Bank Review reveals Unchanged Quality of Policies and Institutional Performance in Africa

This analysis covers 38 countries and describes the progress these countries are making on improving the quality of their policies and institutions

The average quality of policies and institutions in Sub-Saharan Africa was broadly unchanged in 2017, according to the latest review by the World Bank. This is a shift from the deterioration observed in the previous year. This analysis covers 38 countries and describes the progress these countries are making on…

Source: The World Bank Group |

New World Bank Financing Provides Access to Safe Water and Improved Sanitation for up to Four Million Tanzanians

New $350 million Sustainable Rural Water Supply and Sanitation Program aims to increase access to rural water supply and sanitation services in 17 administrative regions

More than three million Tanzanians in rural areas will be connected to safe water supply, while another four million people will gain access to improved sanitation through a new IDA* credit for a Rural Water and Sanitation Program-For-Results approved yesterday by the World Bank Board of Executive Directors. The new…

Source: The World Bank Group |

Boosting Infrastructure Investment by Addressing Governance Gaps

Government, private sector, multilaterals, and development partners gather in Cape Town as this topic takes center stage globally

Infrastructure is hard to get right—across the world. Up until now, policy makers focused on improving access to finance. Marking a significant shift, this week representatives from African governments, the global private sector, multilateral institutions, and other development partners meet in Cape Town to participate in the region’s first roundtable…