Economic growth has the power to transform societies, boost prosperity, and enable citizens to thrive. But for that economic growth to benefit the poorest members of society, it must be accompanied by more and better jobs, one of main routes out of poverty. That is why job creation remains a top development priority—and a critical challenge.
As I prepare to head to Abidjan, Côte d’Ivoire, for the 2019 Development Finance Forum, it is useful to remember that the private sector is a key player in development. A vibrant private sector is a powerful driver of jobs and can underpin sustainable economic growth, fueling innovation and poverty reduction.
On June 11, the Board of Directors of the World Bank approved the Sahel Malaria and Neglected Tropical Diseases, involving a total of $121 million. These funds are split between Burkina Faso ($37 million), Mali ($37 million), Niger ($37 million), and ECOWAS ($10 million).
The goal of the project is to increase access to and use of harmonized community-level services for the prevention and treatment of malaria and selected neglected tropical diseases in targeted cross-borders areas in participating countries in the Sahel region.
These goals are to be achieved through the following three components:
The development objective of the Sahel Women’s Empowerment and Demographic Dividend Project for Africa is to increase women and adolescent girls’ empowerment and their access to quality reproductive, child, and maternal health services in selected areas of the participating countries, including the recipients territory, and to improve regional knowledge generation and sharing as well as regional capacity and coordination. Continue reading →