Ndeye Ngom is a first-time mother in Senegal’s Fatick region, 150 kilometers southeast of Dakar, the capital city of Senegal. And like any parent, upon hearing the news that her daughter, 9-month-old Khady Faye, was underweight, Ndeye grew immediately worried. “I panicked when they told me the baby is malnourished,” Ndeye remembers. “This is not a disease we know.”
- The Development Committee, a ministerial-level forum of the World Bank Group and the International Monetary Fund, issued a communiqué at the close of the institutions’ Spring Meetings in Washington.
- They said the World Bank Group retains an essential role in helping ensure that growth is sustainable, with benefits that reach everyone and help reduce poverty and inequality.
- On the urgent issues of famine and forced displacement, the committee cited both “efforts to mobilize and rapidly disburse support for countries, communities, and refugees” and the importance of “investing to address the root causes and drivers of fragility and helping countries build institutional and social resilience.”
Empowering Women in the World | Voices : Submitted by Kristalina Georgieva (CEO World Bank )
When women do well, everyone benefits. Giving women access to better jobs and financial security are keys to ending poverty. Gender gaps harm the entire economy. We know that when women control the finances, they tend to spend money on the things that matter most – essential food and water, school fees and health care for the family. It’s amazing what small changes can do – a mobile money account opens up the ability to get small loans, buy insurance, and make payments. The World Bank is working to empower women around the world, supporting women entrepreneurs in Pakistan and supporting women and their families with cash cards in Lebanon.
- 250 million children under the age of five suffer from stunting and extreme poverty.
- The rate of return on investing in a package of nutrition interventions at scale is estimated at 17 percent.
- Well-designed early childhood development programs include a focus on quality, complementarities between interventions, and behavioral change.
When I was growing up in rural Nigeria in the ‘80s and ‘90s, agriculture was already a central part of my life. As a child, I gained farm experience working with my father, who was a veterinarian. My mother, a teacher, would send me off to school each day with the parting words, “Go out there and be the best amongst equals.” This is still the motto by which I try to live.
Walk around a major city in Sub-Saharan Africa and you will quickly realize that women are a highly visible part of the economy, selling all manner of products and services. In some ways, women are powering the economies of the continent to a greater degree than anywhere else in the world; Sub-Saharan Africa is the only region where women make up the majority of self-employed individuals.
INYI, March 14, 2017 – In many parts of Africa, a series of laudatory appellations called praise songs are widely used to capture the essence of the person or object being praised. In the Inyi village community in Oduma, in Nigeria’s Enugu State, the Fadama project has earned its own praise song.
Inyi women gather in the village hall, dancing and chanting in unison: “Fadama – Ubiam eri mbombo ozo” orin English, “Fadama – poverty has run away, there is no more poverty.”
Agriculture is at the heart of addressing poverty in Africa. I was reminded of that during my recent trip to Addis Ababa, Ethiopia, where different stakeholders had gathered to explore how to transform smallholder agriculture for growth. The recent End Poverty Day activities in Africa, which focused largely on agriculture, was also a reminder of how central the sector is to ending poverty and boosting prosperity. Indeed, the different stakeholders I work with on a daily basis—which includes African governments, development partners, civil societies, the private sector and farmers—all agree: Agriculture is important to the future of Africa.
Targets fragility, refugees, climate change and other pressing challenges
YOGYAKARTA, INDONESIA, December 15, 2016— A coalition of more than 60 donor and borrower governments agreed today to ratchet up the fight against extreme poverty with a record $75 billion commitment for the International Development Association (IDA), the World Bank’s fund for the poorest countries.
“This is a pivotal step in the movement to end extreme poverty,” World Bank Group President Jim Yong Kim said. “The commitments made by our partners, combined with IDA’s innovations to crowd in the private sector and raise funds from capital markets, will transform the development trajectory of the world’s poorest countries. We are grateful for our partners’ trust in IDA’s ability to deliver results.”