Why the World Bank is adding new ways to measure poverty

The 2018 Poverty and Shared Prosperity Report shows how poverty is changing and World Bank buildingintroduces improved ways to monitor our progress toward ending it.

The landscape of extreme poverty is now split in two. While most of the world has seen extreme poverty fall to below 3 percent of the population, Sub-Saharan Africa is experiencing extreme poverty rates affecting more than 40 percent of people. The lamentable distinction of being home to the most people living in extreme poverty has shifted, or will soon shift, from India to Nigeria, symbolizing the increased concentration of poverty in Africa.

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The Race for Universal Energy Access Speeds Up

STORY HIGHLIGHTS energy

  • A billion people still live without electricity, but certain countries are starting to adopt new approaches to expand electricity services – reaching millions of people in the past few years.
  • The number of people gaining access to electricity in Sub-Saharan Africa has begun to outstrip population growth for the first time. In South Asia, progress has been even faster.
  • Much more work will be needed to achieve universal electrification by 2030, as called for in SDG7. The World Bank is significantly ramping up financing for energy access programs, with support for mini-grid and off-grid projects growing the fastest.

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The State of Social Safety Nets 2018

safety-nets-2018-report-cover-1Safety nets protect vulnerable households from impacts of economic shocks, natural disasters, and other crises

  • An estimated 36 percent of the very poor escaped extreme poverty because of social safety nets, providing clear evidence that social safety net programs are making a substantial impact in the global fight against poverty.
  • In developing and transition countries, 2.5 billion people are covered by safety net programs. Of these, 650 million people are from the poorest quintile.
  • Yet, in low-income countries, only 1 in 5 of the poorest are covered by safety net programs.

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eC2: Open Cities Participatory Mapping in Kinshasa

Deadline:  29-Mar-2018 at 11:59:59 PM (Eastern Time – Washington D.C.)jhb

Objective: Open Cities Africa will be carried out in 8-10 cities in Sub-Saharan Africa, to engage local government, civil society, and the private sector to develop the information infrastructures necessary to meet 21st century urban resilience challenges. Each project will: 1) Create and release open spatial data about the built environment, critical infrastructure, and natural hazards; 2) Develop targeted products and/or tools to assist key stakeholders to utilize risk information towards addressing natural disaster risk in the selected city; 3) Enhance the local capacity and institutional development necessary to support the design and implementation of evidence-driven urban resilience interventions; and  4) Promote peer mentorship and build regional networks across cities.

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eC2: Handbook on Digital Financial Services & Agriculture in Sub-Saharan Africa

Deadline: 11-Dec-2017 at 11:59:59 PM (Eastern Time – Washington D.C.)

Objective: The objective of the assignment is to develop a handbook on digital financial services and agriculture initiatives, focusing on Sub- Saharan Africa. The handbook should serve as a practical tool for implementing DFS and agri projects on the continent. The handbook will assess failures and successes within partnership structures, and aggregate best practices from a variety of implementations at the intersection of DFS and smallholder farming. While there is a myriad of DFS and agri implementations and publications, IFCs handbook should aim to interpret and consolidate available information and translate it into actionable steps DFS providers can take to deploy successful financial or non-financial services for smallholders.

sahara

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The biggest bang for our limited water and sanitation buck: can investing in small towns lead the way?

While the share of poor people in Sub-Saharan Africa decreased from 56 percent in 1990 to 43 percent in 2012, the region’s rapid population growth outpaced the decrease in the_biggest_bang_for_our_limited_water_and_sanitation_buck_investing_in_small_towns_-_graphpoverty, resulting in higher number of poor people than before. More specifically, Africa’s urban population is expected to triple in size in the next half century, which is putting pressure on scarce resources in cities, exacerbated by capacity, budget and governance bottlenecks. The densely-populated areas with low levels of water and sanitation services pose a serious threat to public health – cholera epidemics have broken out in urban areas in several African countries in recent years.

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eC2: Lighting Africa – PAYG Market Attractiveness Index

Deadline: 12-Sep-2017 at 11:59:59 PM (Eastern Time – Washington D.C.) solar-energy

IFC has supported development of the off-grid sector through a series of programs including Lighting Africa. To help broaden the reach of the PAYG business model, IFC is seeking the services of a firm to develop a Market Attractiveness Index that will provide PAYG companies with a diverse set of variables and market related information to inform their market expansion strategies for numerous countries in Sub-Saharan Africa. The Index will provide the necessary strategic framework for decision-making about market entry into new countries in Sub-Saharan Africa.

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eC2: CGAP Digital pension plan for Ghanaian cocoa farmers

Deadline: 12-Jul-2017 at 11:59:59 PM (Eastern Time – Washington D.C.) rwandan farmers

There are few financial solutions that address the need for long-term savings for low income people in Sub-Saharan Africa and that could provide a stable pension when they reach retirement age. In Ghana for instance, saving is largely done in savings groups such as the susu collection system, which offers little interest (and therefore does not protect from inflation) and requires payment of a typically expensive fee to the collector. Even more daunting are voluntary pension saving products, which require convincing and encouraging participants to save over a long period for a payout that is far in the future. CGAP wants to test pension plans tailored to cocoa farmers in Ghana that leverage the advantages of digital technologies to provide customers greater flexibility and incentives to create pension savings for themselves. CGAP is seeking technical services to structure and test a solution and identify relevant lessons to be shared widely in an open access format.

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eC2:CGAP Digital Finance Frontiers Pilots Mobile education

Deadline: 03-Jul-2017 at 11:59:59 PM (Eastern Time – Washington D.C.)

Mobile in Africa

Vendor at Makola Market, Accra, Ghana.

The selected Firm will carry out a pilot, in partnership with a financial service provider, to test the predictability of a credit score based on performance and engagement with mobile learning content. The selected Firm shall be ready to test a product or service in Sub-Saharan Africa within six months. The project should be fully digital, or have a significant digital component and lessons learned will be shared.

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World Bank Group Launches New Program to Support Africa’s Top Digital Entrepreneurs

WASHINGTON, April 25, 2017 — The World Bank Group launched XL Africa, a five-month business acceleration program designed to support the 20 most promising digital start-ups from Sub-Saharan Africa. Start-ups will receive mentoring from global and local experts, learn through a tailor-made curriculum, increase their regional visibility, and get access to potential corporate partners and investors. With support from prominent African investment groups, XL Africa will help the 20 selected start-ups attract early stage capital between $250,000 and $1.5 million.

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