Photo credit: Katrina Kosec.
Can a cash transfer program that relies heavily on communities to target beneficiaries, deliver payments, and monitor conditions, improve outcomes for the poor in the same way that more centrally-run conditional cash transfer programs (CCTs) have elsewhere?
Preparing a recent project mission to Angola, I came across the country’s latest accomplishment: a gigantic new refinery to consolidate its national oil industry. Looking at that massive structure, I was hit with a sudden thought: if they can pull off such an enormous and complex feat of engineering, what do they need me for?
This week marks the launch of the new, World-Bank supported Ethiopia Climate Innovation Center (CIC). The center joins a global network of CICs and is designed to support local Ethiopian businesses that are responding to the challenges of climate change by providing mentorship, financing, access to markets, and policy support.
Beside the great Lake Kivu, beneath the shadow of an enormous volcano, the Rwanda-DRC border divides the neighboring cities of Gisenyi and Goma. As the day begins, the predominant impression is one of movement, as people walk in either direction through the customs checkpoint, carrying giant bunches of green banana, stacks of nesting plastic chairs, anything that is tradable. They form an unbroken stream of humanity crossing to and fro, the tall border signboards towering overhead.
Ao preparar uma recente missão de projeto em Angola, deparei-me com a mais recente realização do país: uma gigantesca refinaria nova, para consolidar a sua indústria nacional de petróleo. Ao olhar para esta vasta e sólida estrutura, ocorreu-me subitamente um pensamento: se eles conseguem montar uma tão vasta e complexa proeza de engenharia, para que é que precisam de mim?
On the sidelines of a high-level forum on Higher Education for Science, Technology and Innovation in Africa, the World Bank's Makhtar Diop, Vice President for its Africa Region, says we must increase the numbers of students in Africa graduating with degrees in science, technology and mathematics.
Over the next 10 years, Africa will have created about 122 million new jobs, says the World Bank Youth Employment in Sub-Saharan Africa Report. Although this is a very exciting forecast, mass job availability alone won’t be enough to address the unemployment issues in Africa, especially when the new jobs are not proportional to the influx of unemployed youth. Furthermore, the pace at which these jobs are being created falls short of the rate of youth entering the job market per year. During the next ten years that it takes for Africa to finally create the new jobs, eleven million youth will have been entering the labor market each year.
Last month, Google Ghana hosted "Google Week" - or #gdaysghana - at the World Bank office in Accra. More than 150 young professionals and students gathered to discuss youth entrepreneurship and receive training in practical ways to capitalize on the digital space to enhance their small businesses.
Sub-Saharan Africa is home to the world’s highest female entrepreneurial activity, according to the Global Entrepreneurship Monitor Women’s Report. Approximately 27% of African women are engaged in some form of entrepreneurial venture. Among these women is Kate Mahugu, cofounder of Shopsoko.com.