Despite years of fiscal decentralization, not many countries have been able to quantify the size and structure of the economies at the decentralized units. To our knowledge, only South Africa has…

Peter Chacha Wankuru |

Ghana has suffered from large fiscal volatility around election cycles for the past two decades. This volatility has been identified as one of the key challenges for Ghana’s future development…

Michael Geiger, Arthur Mendes |

In the Africa Chief Economist’s Office, we seek to generate knowledge on key development issues around the continent. We also host the Gender Innovation Lab, which – as the name suggests –…

David Evans |

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…

Thilasoni Benjamin Musuku |

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…

Mengistu Bessir |

Photo: Sarah Farhat/World Bank. Ugandan’s access to financial services has improved dramatically in recent years. More than half of Uganda’s adult population now has access to an account at a…

Rachel K. Sebudde |

In Côte d’Ivoire,  only 15% of savings are allocated to financial institutions such as banks, microfinance companies, and mobile money accounts.  The wealthy can borrow money to finance their…

Jacques Morisset |

The World Bank (WB) has set an ambitious goal of securing universal access to formal financial services by 2020. Although 700 million people have signed up for a bank account since 2011, about two…

Irina Asktrakhan |

Africa stands at a crossroads. Economic growth has taken root across much of the region. In many countries, exports are booming, foreign investment is on the rise and dependence on aid is…

Caroline Kende-Robb |

In 2016, the world faces uncertainty and volatility – as well as huge opportunities for significant progress. Africa stands not just to gain from these major shifts, but also to lead some of them…

Caroline Kende-Robb |