On Tuesday, September 16, the Board of Directors of the World Bank approved a $105 million dollar emergency response package to confront the Ebola outbreak in Guinea, Liberia and Sierra Leone.
The project consists of three components. The first component ($45m) is to support the Ebola outbreak response plans of the governments of Guinea, Liberia and Sierra Leone. The second component ($38m) aims to bolster the human resources side of the response, while the third component ($22m) consists of providing food and basic supplies to the quarantined populations and affected households. The full Project Appraisal Document can be found here.
The main goal of the World Bank is to have a world free of poverty. A very noble goal, and a goal that involves many different sectors. As a result, the World Bank works on fascinating topics, in challenging countries, with a wide range of approaches, and with the need for implementing cutting edge ideas and technologies. Who wouldn’t want to work in such an environment trying to achieve such good for the world?
Working with the World Bank opens up their network to you. Just imagine a vast market of middle- and lower income countries at your fingertips, with the World Bank giving you the assurance as if you’re working in your home market. You’d be working with top-notch professionals under international guidelines and standards, saving you some of the hassle of local government rules.
Before you jump up and start calling the World Bank, it is important to learn more about doing business with the World Bank. The guidebook ‘Zakendoen met de Wereldbank Groep’ created by the Netherlands embassy in Washington DC is a good start, while you will also find relevant information on the website of the Netherlands Enterprise Agency (RVO).
When working with the World Bank you will come across a lot of jargon and abbreviations, and you will see lots of different types of documents. It may also be difficult to understand the relationship of the Dutch government with the World Bank – a relationship that may just give you an edge in a tender.
To help you in this, we have introduced the World Bank fact sheets. These one page documents will be a quick read and will give you a clear idea of how World Bank projects are organized.
We created three fact sheets:
- The “WB Factsheet” explains what we do, how much money is contributed to the World Bank per division and gives a quick insight into the project cycle.
- The fact sheet “Project Cycle” expands on and describes the different stages of the project. This document will give you an understanding of the different steps in the project process.
- The fact sheet “Project Documents” provides you with the full name of the many abbreviations that you will come across, as well as a description of the document and its importance.
If you need more information, contact us!