New World Bank Group Facility to Enable more than $1 billion for Women Entrepreneurship

HAMBURG, Germany, July 8, 2017—On the occasion of the G20 leaders’ summit, the nasikiliza-unleashing-the-potential-of-women-entrepreneurs-in-africa-feature-780x439World Bank Group today announced the creation of an innovative new facility that aims to enable more than $1 billion to advance women’s entrepreneurship and help women in developing countries gain increased access to the finance, markets, and networks necessary to start and grow a business.

The United States initiated the idea for the facility and will serve as a founding member along with other donor countries.

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eC2: E-WASTE MANAGEMENT PROGRAM INDIA

Deadline:  27-Jul-2017 at 11:59:59 PM (Eastern Time – Washington D.C.) th

The IFC project aims to support the development of an e-waste management solution for the electronics industry to address the challenge of responsible collection and recycling of electronic waste in India at scale and in a cost-effective manner. The goal of the IFC project is to work with private sector entities such as Producer Responsibility Organizations (PROs) and Industry Associations and waste management companies to establish a long-term solution to the e-waste challenges in India that the electronics sector as well as consumers face. The fundamental objectives of the Project are to (i) establish an Industry-led Solution for electronic producers to responsibly manage, collect and ensure responsible recycling of obsolete or discarded electronic products (e-Waste), (ii) Raise awareness among the public and other key stakeholders on the need of responsibly collect and recycle e-waste, and (iii) develop a locally relevant system for responsible e-waste management in India and a toolkit for dissemination of learnings from the Project.

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eC2: IFC-Heineken Brewery Share Company (HBSC)-Ethiopia Malt Barley Supply Chain Development Data Collection- for Baseline Study

Deadline: 26-Jul-2017 at 11:59:59 PM (Eastern Time – Washington D.C.) Survey

A baseline study involving qualitative and quantitative methods will be conducted in the malt barley sector in Ethiopia. The baseline study will provide IFC management and the project staff with information, lessons and recommendations that can be used to improve the design of similar projects elsewhere.

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How Citizens Are Shaping Budget Priorities in a Kenyan County

Milka Losia knew it was the river’s fault that her brother died. The culprit was the dirty kenya-PB-story-main-780x439 brown water they had no choice but to drink.

‘Our village needs a hospital, people are dying,” said Benson Naitalima, a farmer.

Of course hospitals are important, Milka thought. But if it wasn’t for the dirty river water, they wouldn’t have needed a hospital in the first place. People like her brother would be alive and, Milka wouldn’t be caring for his orphaned children.

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MIGA – event: Presentation

MIGA a member of the World Bank Group came to the Netherlands the 21st of June to miga.pnggive a presentation about their activities. MIGA contributes to the World Bank Group’s goals of ending extreme poverty and promoting shared prosperity by facilitating private investment into developing member countries and supporting projects that bring broad developmental impact. MIGA-supported investments help bring jobs, innovation, technology, and skills transfer.

MIGA Presentation FY17

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Event recap: At What Cost? The Economic Impacts of Child Marriage

Each year, 15 million girls are married before the age of 18. Child marriage is a global costsofchildmarriage_0challenge that has been shown to contribute to a number of harmful consequences, including school dropout, early pregnancy, intimate partner violence and infant mortality. But what are the economic impacts of child marriage? Join the International Center for Research on Women (ICRW) and the World Bank to discuss the findings from a groundbreaking research project to uncover the economic costs of child marriage.

Video presentation

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Accelerating Women’s Economic Empowerment

STORY HIGHLIGHTSgender_accelerating_womens_economic_empowerment_780x439
  • A recent panel of finance ministers and Chief Executive Officers called for tangible and country-level action for women’s economic empowerment
  • Equal access to financial services, helping women build assets and professionalizing the care-giving sector can help accelerate progress in women’s economic empowerment
  • The flagship event helped share recommendations from the UN Secretary-General’s High-Level Panel on Women’s Economic Empowerment (HLP) report with delegations attending the 2017 WBG – IMF Spring Meetings

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 ROSCA in Senegal

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

Financial inclusion in Senegal is low, with only 12 percent of adults having a formal financial account. Women are especially excluded from accessing formal financial services. This has led low income people to adopt informal systems of saving, such as the tontinea type of rotating savings and credit association (ROSCA) that combines features of a lottery to determine the sequence of disbursing group funds among members. CGAP intends to procure technical services to structure and test a solution that digitizes the tontine process and works as a marketplace for financial services. The objective of the project is to identify relevant lessons and share them widely in an open access format. We expect this pilot to produce lessons on digitization of tontines and on the value proposition of bundling other financial services such as credit or insurance along with it.

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eC2:CGAP Digital credit for inputs farmers in Kenya

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

Farmers in Africa have limited access to afforgil-improving-social-networks-for-ugandan-farmers-dable finance, especially before the planting season when cash flow is low but need for farming inputs is high. In Kenya, agriculture is one of the most underfinanced sectors of the economy. CGAP aims to lower the risk and cost for financial institutions and input suppliers to meet this unmet demand. We wish to test a digital financial solution that links smallholder farmers to inputs and credit in Kenya. The solution should help smallholder farmers save as well as securely borrow toward the purchase of agricultural inputs such as fertilizers, seeds.
CGAP will procure technical services to structure and test this digital financial solution and identify relevant lessons to be shared widely in an open access format. We expect this pilot to give us key learnings on creating mobile wallets that help farmers access credit for inputs and assists them in reaching their goals, thereby creating a high value proposition solution for Kenyan farmers.

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