Translations available in Chinese and Spanish.
Many of you are already familiar with the PPP (Public-Private Partnerships) Group’s Private Participation in Infrastructure (PPI) Database. As a reminder for those who aren’t, the PPI Database is a comprehensive resource of over 8,000 projects with private participation across 139 low- and middle-income economies from the period of 1990-2015, in the water, energy, transport and telecoms sectors.
We recently released the 2015 full year data showing that global private infrastructure investment remains steady when compared to the previous year (US$111.6 billion compared with US$111.7 the previous year), largely due to a couple of mega-deals in Turkey (including Istanbul’s $35.6 billion IGA Airport (which includes a $29.1 billion concession fee to the government). When compared to the previous five-year average, however, global private infrastructure investment in 2015 was 10 percent lower, mainly due to dwindling commitments in China, Brazil, and India. Brazil in particular saw only $4.5 billion in investments, sharply declining from $47.2 billion in 2014 and reversing a trend of growing investments over the last five years.
- private sector
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- The World Region
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- Latin America & Caribbean
- Europe and Central Asia
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- El Salvador
In Africa, which hosts 25% of all forcibly displaced people, some countries have been home for large refugee populations for over 20 years. To address the development impacts of forced displacement throughout the region, the World Bank has been scaling up assistance with 3 new projects covering 5 African countries: the Democratic Republic of the Congo, Zambia, Djibouti, Ethiopia, and Uganda.
In this video, Ede Ijjasz-Vasquez and Jo de Berry explain how the Bank will work with these countries to support host communities while promoting the integration and self-reliance of displaced persons.
If you want to learn more about this topic, we invite you to discover our latest Sustainable Communities podcast.
Meet Dominique, Fionah, Jeremiah, Mercy, and Stephen: five winners of the 2016 Blog4Dev. They are from Kenya, Rwanda and Uganda, and represent Africa’s brightest minds and change agents.
I have worked on public procurement and governance for most of my life. But I have never been more excited to finally have a solution at hand that has potential to change the legacy of opaqueness, fraud and lack of effectiveness in public contracting in many African countries.
Africa still need billions in investments to build infrastructure and provide quality services to its citizens, many of them vital: health care centers, food for school children, water services and road to help farmers market their produce. Investments as part of the Sustainable Development Goals in infrastructure alone carries a price tag nearly $100 billion a year. Unfortunately, like in many countries around the world, public contracting in Africa has been characterized by poor planning, corruption in picking contractors and suppliers and contracts are poorly managed.
But the good news is that this is changing. The series of blogs I’m kicking off will highlight the shifting of the norm towards open contracting in Africa.
This number cannot be emphasized enough – more than 1 billion people around the world live without access to electricity, and 2.9 billion still cook with polluting, harmful fuel like firewood and dung.
As we celebrate Earth Day, we're looking at the ways to bring energy access to those communities and transform lives, and at the same time, protect our planet’s resources. How can we make sure that the right progress for communities is the right progress for the planet?
The good news is that the world is constantly coming up with new technology to address this challenge. We have portable, phone-charging solar lamps and energy efficient cookstoves that are affordable and practical for communities living off-the-grid. The challenge now is how to make sure the right technologies are available in affordable and sustainable ways to the communities that need them most.
Solar Sister is a social enterprise that recruits, trains, and supports African women launch clean-energy businesses in their communities, selling lights and cookstoves to their neighbors. We are organized around the principle that women must be intentionally included in discussions around energy.
This year’s #Blog4Dev topic was about increasing opportunities for young people in Kenya, Rwanda and Uganda, and more than 1300 young people between the ages of 18-28 from those countries submitted blog posts with their ideas. Of those, five writers stood out:
We are at a point in Uganda where the youth are told to wait for handouts from government in order to obtain means to sustain themselves.
There are more graduates than there are opportunities for employment