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The World Bank Group
Source: The World Bank Group |

"Once we have water, we have life" Access to safe drinking water transforms lives in Conakry

Conakry is just one of the successes of the Guinea Urban Water Project (PUEG), which was launched in 2018 with financing from the World Bank

Over 30,000 people benefited from improved safe water services in Greater Conakry following major investment under the Guinea Urban Water Project (PUEG); With over 12,000 meters installed, customers can now better manage their water consumption and enjoy enhanced service delivery; Under the project, 650 workers and supervisors benefited from capacity building to…

The World Bank Group
Source: The World Bank Group |

World Bank Reserve Advisory & Management Partnership (RAMP) Trust Fund to Improve Public Asset Management Announces Second Beneficiary, Cabo Verde

Announced in October, the trust fund brings the World Bank’s public asset management expertise to lower-income, fragile, or conflict-affected countries that could not otherwise afford it

The World Bank announced the Central Bank of Cabo Verde (CBCV) as the second beneficiary of a multi-donor trust fund for advancing public asset management worldwide. Representatives from CBCV and the World Bank signed the technical assistance agreement, which delivers technical advisory services under the World Bank’s Reserve Advisory &…

The World Bank Group
Source: The World Bank Group |

Ingredients for Accelerating Universal Electricity Access: Lessons from Rwanda’s Inspirational Approach

In a remarkable 15-year journey, Rwanda increased access to electricity to households from 6% in 2009 to 75% as of March 2024

In just 15 years, Rwanda has increased its electricity access to 75% from 6% in 2009. This took government ownership, leadership, and commitment, partnership with the private sector, funding from development partners, and dedicated structure and institutional strengthening. The goal of lighting up every household is not a dream, but…

The World Bank Group
Source: The World Bank Group |

Unlocking Malawi’s Trade Barriers Through One-Stop Border Posts

One-Stop Border Posts (OSBPs) reduce border waiting times and the cost of cross-border transactions

Malawi’s economy suffers from a lack of investment and high trade costs due to poor logistics and infrastructure; Clearing goods at the Malawi-Dedza border post with Mozambique previously took an average of three days; One-Stop Border Posts (OSBPs) reduce border waiting times and the cost of cross-border transactions. The Dedza border post,…

The World Bank Group
Source: The World Bank Group |

African Economies Projected to Grow by 3.4 % in 2024, But Faster and More Equitable Growth Needed to Reduce Poverty

While growth of public debt is slowing, more than half of African governments grapple with external liquidity problems, and face unsustainable debt burdens

Increased private consumption and declining inflation are supporting an economic rebound in Sub-Saharan Africa. However, the recovery remains fragile due to uncertain global economic conditions, growing debt service obligations, frequent natural disasters, and escalating conflict and violence, according to the World Bank’s latest Africa’s Pulse report. Transformative policies are needed to address…

The World Bank Group
Source: The World Bank Group |

Energizing Ethiopia: New World Bank Program Expands Access to Electricity

For Ethiopia to continue to ramp up electricity access through grid connections, it is essential that the electric utilities and backbone infrastructure are fit for purpose

A new World Bank program is set to strengthen and expand the electricity network, improve sector financial viability, and enable renewable energy generation through private sector participation in Ethiopia.  Ethiopia has the third largest energy access deficit in Sub-Saharan Africa with about half the population still without access to reliable…

The World Bank Group
Source: The World Bank Group |

World Bank Scales Up Efforts to Boost the Resilience of 3 Million Ethiopians Living in Drought Prone Lowlands

The project also supports the adoption of climate-smart agricultural and livestock production technologies, innovations, and practices to foster green and climate-resilient food systems among the communities

 Ethiopians living in climate-affected lowlands of the country will receive new support thanks to a $340 million credit from the International Development Association* (IDA) to enhance their livelihoods and climate resilience. A total of 3 million people, many of which are pastoralists and agro-pastoralists in drought-prone areas, are set to…

The World Bank Group
Source: The World Bank Group |

Advancing gender equality and women’s empowerment in Angola through second-chance education

To fight illiteracy among women, the Angola Ministry of Education has expanded the second-chance education program within the framework of the World Bank-supported Girls Empowerment and Learning for All Project

Elizabeth Afonso Gonga has a fixed weekday routine. At 7:00 a.m. every morning, she arrives at the KM-30 market, a large hub situated on the outskirts of Luanda. Once there, she cleans up her stall and arranges the goods—including beans, rice, and peanuts—that she will sell during the day to earn…

The World Bank Group
Source: The World Bank Group |

Prioritizing Angolan Agriculture to Unlock Economic Diversification

In the last five years, the Government of Angola has prioritized the agricultural sector and has been promoting agribusiness in view of reducing its reliance on external markets for food supply

Despite its vast arable land and abundant water resources, Angola still imports most of its food. In 2022, according to figures from the National Bank, Angola spent around $3 billion on food imports. In the last five years, however, the Government of Angola has prioritized the agricultural sector and has…

The World Bank Group
Source: The World Bank Group |

Sierra Leone Records Progress in Human Capital Development - But Requires Sustained Investments to Drive Economic Growth and Reduce Poverty

Maximizing Human Potential for Resilience and Inclusive Development, provides critical insights into the country's efforts to foster human capital development and economic growth

Sierra Leone has made commendable strides in improving human capital development with the government demonstrating a strong commitment to enhancing the well-being and productivity of its population through significant investments in health and education, according to a new World Bank report launched today in Freetown. The report also highlights the…