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Africa

Re-awakening Kinshasa’s Splendor Through Targeted Urban Interventions

Sameh Wahba's picture
Also available in: Français
The district of Gombe from above. Photo: Dina Ranarifidy/World Bank


While traveling from the Ndjili Airport to the city center of Kinshasa, you will be introduced to a unique urban experience. The ambient chaos, high traffic congestion and crowded streets may remind you of other African cities, but in Kinshasa—Kin as locals fondly refer to her—everything is larger, faster and louder than life.

The Democratic Republic of Congo’s capital is a festival of the senses; a dynamic amalgam of people and places that mix the rich and poor, blending the activities of people with opportunities and people fighting for survival, where fancy multi-story buildings are erected just miles away from massive slums. Although poverty is apparent, the lust for life, the vibrancy of local cultures, and the vivid manifestation of cultural expressions thrive among the Kinois.

Protecting Somalia’s growing mobile money consumers

Thilasoni Benjamin Musuku's picture



The mobile money market is booming in Somalia. Approximately 155 million transactions, worth $2.7 billion or 36% of gross domestic product (GDP), are recorded every month. Mobile money accounts for a high proportion of money supply in the domestic, dollarized economy and has superseded the use of cash; seven out of 10 of Somalis use mobile money services regularly.

Five ways Nigeria can realize mobile technology's potential for the unbanked

Leora Klapper's picture

Although it’s Africa's largest economy, Nigeria is missing out on the region’s most exciting financial innovation: mobile money.
 
Twenty-one percent of adults in Sub-Saharan Africa have a mobile money account, nearly double the share from 2014, according to the latest Global Findex report.
 
By contrast, Nigeria lags behind: just 6% of adults have a mobile money account, a number virtually unchanged from 2014.

The Central African Backbone project, central pillar of the digital revolution in Gabon

Radwan Charafeddine's picture
Also available in: Français
The expansion of the fiber optic network serves to increase productivity and enhance administrative efficiency.  Photo Credit: O. Hebga/World Bank


In 2010 Gabon was lagging far behind in the development of its digital sector.  The cost of internet access was exorbitant and service quality left a lot to be desired.  This was due largely to the monopoly enjoyed by the traditional provider, Gabon Telecom, and to the lack of fiber optic transport infrastructure in the country.  Furthermore, the legal and regulatory framework of the sector was not conducive to the attraction of private sector investment.

The challenges of macroeconomic stabilization in the Southern African Customs Union

Sébastien Dessus's picture



The good governance of public financial resources is often more challenging during good times than during bad times. In the event of an unexpected negative shock – say a drought or a sudden decline in demand for the commodities produced in the country – it is generally rewarding, from a political perspective, for the government to launch ‘stimulus packages’ to keep the economic engine running.

Happy Father’s Day: Fathers and children’s self-esteem

Joachim De Weerdt's picture
The results of a longitudinal study show the impact of paternal death on children’s self-esteem. Photo: World Bank



On Sunday, many fathers around the world received cards and gifts from their children in celebration of Father’s Day. But fathers who have been following the academic and policy debates in the development community may feel somewhat exasperated that the role of men in the household and of fathers in raising children gets so little mention. It is the role of mothers that generally takes the spotlight; but what about fathers?

Assessing the poverty footprint of World Bank projects for the Burkina Faso CPF

Johannes Hoogeveen's picture
Also available in: Français
Map 1: Spatial distribution of Burkina Faso's portfolio

With nearly half of the population (or approximately 8 million people) living in extreme poverty, Burkina Faso is poised to make inroads in the long and challenging journey to achieve the World Bank Group's overarching twin goals: ending extreme poverty in 2030 and boosting shared prosperity. Every fiscal year since 2015, the Bank has committed more than 300 million dollars of IDA resources in support of development projects in Burkina Faso.  The World Bank has also provided a set of timely analytical and advisory services to inform national development strategies and policies in the country. 

Financial inclusion in Ethiopia: 10 takeaways from the latest Findex

Mengistu Bessir's picture
In Ethiopia, women account for a disproportionate share of the unbanked, and the gap is widening. Photo: Binyam Teshome/World Bank

The World Bank Group (WBG), with private and public sector partners, set an ambitious target to achieve Universal Financial Access (UFA) by 2020. The UFA goal envisions that, by 2020, adults globally will be able to have access to a transaction account or electronic instrument to store money, send and receive payments. The WBG has committed to enabling one billion people to gain access to a transaction account through targeted interventions. Ethiopia is one of the 25 priority countries for UFA initiative.

“Notes from a small island”*: reflections on Mauritius and Seychelles

Alex Sienaert's picture
Also available in: Français



For the past few years, I have been fortunate enough to be the World Bank’s resident economist for Mauritius and Seychelles. With this now coming to an end, here are some especially striking impressions of these countries’ successes and challenges that I hope can provide food for thought more widely.

Getting Zimbabwe’s agriculture moving again: The beckoning of new era

Innocent Kasiyano's picture



‘Our Economic Policy will be predicated on our agriculture which is the mainstay…’ said Zimbabwe President Emmerson Mnangagwa in his inaugural speech in November 2017, setting a new tone for agricultural development in the country. While reiterating that the principles that led to land reform cannot be “challenged” or “reversed,” he called for a “commitment to the utilization of the land for national food security and for the recovery of our economy.”

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