Smarter industrial policy can advance Africa’s economic transformation and create jobs Sub-Saharan Africa’s economic recovery from a decade of global shocks is showing signs of stalling, with growth projections for 2026 revised downward by 0.3 percentage points from estimates previously published in October 2025, according to the latest edition ofContinue Reading
The World Bank Group has approved 137 million U.S. dollars to support digital integration and job creation in Benin, Liberia and Sierra Leone under a new regional initiative. The funding represents the second phase of the Western Africa Regional Digital Integration Program (WARDIP), designed to expand digital infrastructure, improveContinue Reading
Paschal Donohoe, World Bank Group Managing Director and Chief Knowledge Officer, will visit Ghana and Liberia from March 15 – 20, 2026. This will be his first visit to West Africa since his appointment in November 2025. The visit underscores the World Bank Group’s support for Ghana’s macroeconomic recovery andContinue Reading
Only 4% of women worldwide live in economies that provide nearly full legal equality Laws designed to ensure equal economic opportunities for women are only half-enforced on average across the world, indicating that the barriers that keep women from contributing fully to growth and prosperity are far steeper than previouslyContinue Reading
Papua New Guinea is rich in natural resources but faces significant challenges to turn this wealth into better living conditions for all Papua New Guineans A new six-year partnership between the World Bank Group and Papua New Guinea aims to support the reforms and investments necessary to create jobs, improve services, and help build a foundation of lasting resilience. TheContinue Reading
Current deficits in health, education, and skill development at work are costing low- and middle-income countries 51% of their future labor earnings, according to a new World Bank Group report released today. Over the past 15 years, even as incomes have risen and poverty has declined, two-thirds of low- and middle-income countriesContinue Reading
The global economy is proving more resilient than anticipated despite persistent trade tensions and policy uncertainty, according to the World Bank’s latest Global Economic Prospects report released here on Tuesday. Global growth is projected to remain broadly steady over the next two years, easing to 2.6% in 2026 before rising to 2.7% inContinue Reading
