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.
According to the World Bank report, "Women and Trade in Africa: Realizing the Potential", eliminating gender-specific barriers can help boost trade and increase productivity in Africa. Behind the research for this report were women who shared their personal stories of how they overcame gender discrimination at work in order to realize their potential.
Mauritania, like its Sahelian neighbors, is struggling with three problems: drought, high food prices and security threats. All of these threats are driven in some form by global climate change to the point where they are threatening economic growth, stability and peace.
As Uganda moves toward becoming a middle income country, policies focused on including all Ugandan's are becoming increasingly important. Maitreyi Bordia Das, lead author of the new report Inclusion Matters: The Foundation to Shared Prosperity, discusses why inclusion is critical, not only to reducing poverty or income inequality, but to improve the ability of previously disadvantaged people to take part in society.
In post conflict countries, those who have made it out of the country are keenly aware that the livelihoods of those left behind vitally depend on remittance transfers. While concerns have been expressed about the possibility that remittances may stoke conflict, the majority view is that Diaspora support from abroad can contribute to democracy. It has been clearly established that private remittances are of central importance for restoring stability by enhancing human security in strife-torn societies. As in much of Sub-Saharan Africa, due to the predominantly informal nature of remittance delivery mechanisms, the magnitude of remittances to the economies of these regions has been under-estimated.
As we reflect on the promise of the New Year in Africa, the irrefutable link between peace and development has never been clearer after my recent travels.
Earlier this month, I joined leaders from 53 African nations, the United Nations, and the African and European Unions at the Elysee Summit for Peace and Security in Africa to talk candidly about how our countries can work together to maintain and enhance peace.
We talked about what this would mean in practice. For example, we must curb drug trafficking on the continent, increase financing for African peacekeeping operations, fight terrorism, manage borders more securely, include women fully in the political and economic decision-making process, and condemn the intolerable persistence of sexual violence when conflicts do occur. This last measure was strongly endorsed by the First Ladies of the Summit who also met to discuss issues of gender, development, and women’s rights.
The African leaders recognize that for many of these measures to work, economic development must be twinned with public and private investment in business, technology, agriculture, climate-smart policies, and in young people who are fast becoming Africa’s driving force and future. Africa is now the world’s youngest continent and how well we meet the skills needs of our young people will greatly determine the continent’s future.
Mtoto mzuri sana. Stella’s face lights up as I admire her baby, but she doesn’t reply. We are in the primary school compound in Chehembe, a village about 50 kilometers from Tanzania’s administrative capital, Dodoma. Stella is waiting to be registered in the country’s social safety net program, which is meant to cushion very poor households against sudden losses of income. And we are waiting to hear Stella’s story, to ask her how many children she has, and how she earns a living.
KAMPALA, Uganda--World Bank Africa Region Vice President Makhtar Diop, in Uganda for development talks with President Museveni, his Cabinet, and other development partners, visits the site of the World Bank Group-financed Bujagali Hydropower plant in Uganda, which at 240 MW now generates the bulk of the country's electricity needs.