World Bank Announces New Steps to Add Billions in Financial Capacity

The World Bank is taking bold new steps to increase its lending capacity, a major boost in firepower that will give millions of people a chance to escape poverty and improve their lives.  At this critical moment in history, and echoing the calls from the international community, the Bank is doubling down to tackle intertwined challenges – jobs, climate, fragility, and pandemics. These efforts entail decisive action to build a better Bank to achieve a world free of poverty on a livable planet.

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Investing in Youth, Transforming Africa

STORY HIGHLIGHTSafe-hc-summit

  • By 2075, one-third of the world’s population—and of the working-age population—will be African. It is the only region where the workforce will grow continuously in the coming decades.
  • This gives Africa an enormous opportunity to drive economic growth and prosperity through investments in education, skills, and health.
  • Africa’s Heads of State are gathering at the Africa Human Capital Heads of State Summit to discuss how to accelerate human capital accumulation, leverage the youth bulge, and create jobs to propel economic growth.

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