Before COVID-19, many countries were making significant gains in human capital, improving health and education outcomes for girls and boys and empowering women to reach their potential. Between 2010 and March 2020, the World Bank’s Human Capital Index 2020 Update found an average increase of five percent in the human capital index across countries.
The pandemic is an important reminder of how precious and productive an investment human capital is. One year after the launch of the World Bank’s Africa Human Capital Plan, there has not only been a significant scale-up, but also a shift in World Bank support to African countries.
If you take care of the land, it will take care of you, says Tsefaye Kidane, a 40-year-old coffee farmer from the Kafa Biosphere Reserve, a protected area in southwest Ethiopia that is also regarded as the birthplace of wild Arabica coffee.
- Innovators will have access to a robust network of East Africa health systems and potential users/buyers of technology. Over 20 private healthcare providers in East Africa have signed on to the program (multi-specialty hospitals, primary care clinics, labs, pharma retailers, insurers), predominantly in Kenya, but with select providers from Ethiopia and Uganda.
- TechEmerge offers a pool of up to $1 million in grant funding to support matched pairs. Pilot partners will receive ongoing support and advice during pilot implementation – mitigating financial and operational risks associated with market entry for innovators and reducing adoption risks for local healthcare providers.
- As the East Africa pilots advance, IFC will evaluate future investment opportunities to help scale the solutions.
A few years ago, Binita Biswokarma’s life took a sharp turn for the worse.
With no skills, relatives, or farmland, the young woman from Kaski, a rural district in West Nepal, struggled to provide for her son’s education, buy food and necessities, let alone repair the roof of her home.
Then came an opportunity to work as a road maintenance worker—and find a way out of poverty.
- The Morocco Economic Memorandum 2017 builds on the Kingdom’s assets to propose an ambitious albeit realistic pathway to achieving upper middle-income status in the next 25 years.
- Promoting a more open and inclusive society is one of the key pathways Morocco must take to achieve stronger economic growth, enhance job creation, and gradually close the development gap with more advanced countries.
- The Memorandum also seeks to address the issue raised by His Majesty, King Mohammed VI, in his 2014 Throne Speech on how intangible capital could become the “fundamental criterion in the development of public policies so that all Moroccans may benefit from their country’s wealth”.