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Africa

Improving the Odds of Being Formally Financially Included in Senegal

Siegfried Zottel's picture
Also available in: Français


While most adults in developed countries have an account at a bank or another formal financial institution, this is not the reality in many developing countries, including Senegal. A recent World Bank Group (WBG) Financial Capability Survey revealed that less than one in five Senegalese adults (17%) report owning an account at a formal institution, which includes banks, microfinance institutions, or e-money agents. While Senegal’s financial inclusion levels are similar to those in other lower-middle income economies, the country lags behind the average inclusion rate among Sub-Saharan African economies.

From Vocational Training to Employment in Senegal: Encouraging Youth to be the Engine of Growth

Mouhamadou Moustapha Lo's picture
Also available in: Français



Like many African countries, Senegal has a young population in search of decent jobs and salaries.  A report covering the last national census of the Senegalese population, published every ten years by l’Agence nationale de la statistique et de la démographie (ANSD) (National Statistics and Demographics Agency), reveals that the average age of the population is approximately 22 years and that one in every two Senegalese is under 18 years of age. Those under 15 years of age represent more than 42% of the population, clearly indicating the predominance of the youth demographic.  However, this segment of the population is most affected by under-employment and unemployment with young people representing 60% of job seekers.

Paving the Way for a Brighter Future for Nigeria’s Mothers and Children

Temitope Akintunde's picture
Left, Dr Oluwole Odutolu, Senior Health Specialist, with officials of Osun State Ministry of Health after they received their initial disbursement check from the Minister of Health.

As I witnessed the official launch of the Saving One Million Lives Program for Results (SOML PforR), a government-led initiative supported by a $500 million World Bank International Development Association credit, I was overcome by several emotions, the foremost of which was hope.

Digital Financial Services for Cocoa Farmers in Côte d’Ivoire

Corinne Riquet's picture
Also available in: Français


Smallholder farmers, even those in structured value chains such as cocoa farmers in Côte d’Ivoire, are largely unable to access banks, microfinance institutions and other formal financial institutions. Providing meaningful financial services to these customers in an affordable and sustainable manner is a great challenge.

Mwomboshi Dam: Ushering in a new era of farming in Zambia

Ina-Marlene Ruthenberg's picture
Zambian President Edgar Chagwa Lungu cuts the ribbon to mark the construction of the new Mwomboshi Dam, projected to be the largest dam in the country’s history.
Photo credit: Royd Sibajene


Amid pomp, traditional dance and splendor, in rural Chisamba, central Province, the President of Zambia, Edgar Chagwa Lungu, cut an elaborate ribbon donned in Zambian colors of red, black, green and orange to lay a foundation stone to mark the construction of the Mwomboshi Dam. The dam construction is funded by the World Bank under the Irrigation Development and Support Project (ISDP) with the amount of $37 million. Not only did I attend this significant ground-breaking ceremony as a representative of the World Bank Group (WBG), but I also took the opportunity to say a Bemba agriculture idiom I have been taught by my colleagues at the office.

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