Money sent home by workers now largest source of external financing in low- and middle-income countries (excluding China)

Article by Donna Barne & Florina Pirlea| www.worldbank.org.

The money workers send home to their families from abroad has become a critical part of many economies around the world. Based on the most recent data, remittances, as this money is called, will only grow in importance. Officially recorded remittances amounted to a record $529 billion in 2018, and are on track to reach $550 billion in 2019.

This money is flowing at about the same levels as foreign direct investment (FDI), but if China is excluded, they are the largest source of foreign exchange earnings in low- and middle-income countries, according to Migration and Remittances Brief 31, published by the World Bank Group and KNOMAD, the Global Knowledge Partnership on Migration and Development. In other words, if China is excluded from the analysis, remittances have already overtaken FDI as the biggest source of external financing.

Continue reading

eC2: Training for e-commerce and export advisors in Lebanon, Djibouti, and Tunisia

Deadline: 17-Jul-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)

This assignment specifically focuses on increasing women-led SMEs access to domestic 1_BkBrs2NfHlP53xw7ZfQ0Pwand export markets through e-commerce, and to increase their sales from e-commerce in Lebanon.

There are two main sub-activities envisaged: (1) scoping and market analysis to understand where are the key challenges and constraints to e-commerce for womens SMEs; and (2) develop and deliver a package of support services to women-led SMEs, in partnership with local stakeholders, that will increase sales, markets and profits via e-commerce.

Continue reading

eC2: Assessment of economic circularity options in the plastics sector in Nigeria

Deadline: 17-Jul-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)

The objectives of the market assessment are to understand the plastics sector in Nigeria, anticorruptionas well as scope out opportunities for impactful private sector interventions structured around circular supply chain for plastics. The assessment will specifically focus on the food & beverage and textile/garment value chains and associated packaging activities in Nigeria. It will look into overall market size for applicable types of plastics, current practices for the use of plastics material, as well as recycling, reuse and disposal practices. The study will scope out value chain players and opportunities to increase the circularity linkages, including through offset of the virgin raw materials.

Continue reading

World Refugee Day 2019: Building a stronger international response to the challenge of forced displacement

This year, World Refugee Day finds me in Addis Ababa with representatives from more ethiopia-for-blogthan 50 governments to review the work of the International Development Association (IDA), the arm of the World Bank Group that provides financing to the poorest countries, and discuss priorities for the years ahead. Under its current program, IDA is providing $2 billion to 14 low-income countries which together are hosting 6.4 million refugees, including in Ethiopia. 

Ethiopia is among the countries that is taking major steps forward. Here, for example, we have supported the government in adopting a new legal framework for refugees which will allow them to gradually move out of camps, find jobs, and access education and health services. This is no small measure for the more than 900,000 refugees who are hosted along Ethiopia’s borders with Somalia, Eritrea, Sudan, and South Sudan. It is the difference between having a chance to restart their lives or be condemned to dependency and destitution.

Continue reading

eC2: Technical Consultant for a CCGT PPP Project in Uzbekistan

Deadline: 07-Jul-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)

IFC is in discussion with the Government of Uzbekistan to be mandated as a lead

U.S. Electricity Output Rose 6.2% From A Year Earlier

transaction advisor for structuring and tendering of a PPP transaction involving financing, construction and operation of a 1,300 MW CCGT in Uzbekistan. IFC scope of work will include (i) legal, technical, E&S and financial due diligence, (ii) defining the transaction structure and preparing the tender documents (including calls for qualifications and proposals, and PPP contractual documentation), and (iii) ongoing support to the client throughout the implementation of the tender process, including any negotiations and discussions with investors.

Continue reading

Lifelines for Better Development

Published on http://www.worldbank.org, June 19, 2019

STORY HIGHLIGHTS

  • Resilient infrastructure is about people. Particularly in developing countries, Lifelines22--1-infrastructure disruptions are an everyday concern that affects people’s well-being, economic prospects, and quality of life.
  • There is a significant economic opportunity from investing in resilient infrastructure: the overall net benefit of doing so in developing countries would be $4.2 trillion over the lifetime of new infrastructure.
  • For infrastructure investors, governments, development banks and the private sector the message is clear: rather than just spending more, also spend better

Infrastructure is at the heart of lives and livelihoods. It can enable schools and hospitals, businesses and industry, and access to jobs and prosperity. In developing countries, however, disruptions to infrastructure are an everyday concern, reducing opportunities for employment, hampering health and education, and limiting economic growth.

In low and middle-income countries, direct damages from natural hazards to power generation and transport alone cost $18 billion a year, cutting into the already scarce budget of road agencies and power utilities. But the main impact of natural shocks on infrastructure is through the disruptions they impose on people and communities, for instance, businesses unable to keep factories running or use the internet to take orders and process payments; or on the households that don’t have the water they need to prepare meals or on people unable to go to work, send children to school, or get to a hospital.

Continue reading

eC2: Developing the 2.0 version of the Climate Resilience Planning for Roads tool (CRP4R) in Haiti

Deadline: 01-Jul-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)

The World Bank is now seeking a consulting firm to build upon CRP4R tool, develop the

A man stands next to a bridge on the East Cape Road. The East Ca

version 2.0 and tailor it to the context in Haiti for the implementation of Project P163490. The new tool should also contemplate how to incorporate into the prioritization exercise feeder road segments chosen through Local Mobility Plans (LMPs) in the area of influence of the Project. This new feature of the model, using two different layers of choice, will necessitate several iterations with the Team.

Continue reading

eC2: Update of the economic analysis

Deadline: 27-Jun-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)

The assignment envisages an update of the economic analysis needed for the

group hand fist bump

preparation of the third River Basin Management Plans (RBMP) in Bulgaria. It is based on the stocktaking and gap analysis review of the second RBMPs and the European Commissions Member State Assessment Report on the second cycle RBMPs for the four river basin management areas in Bulgaria. The update of the economic analysis essentially entails a collation of analyses of available data sources to deliver the economic outputs needed. It does not involve any original research.

Continue reading

A private-sector role in managing land administration? We did our homework

In this blog space in October 2017, we discussed the role of private sector in land administration and mentioned our unit would undertake an assessment and conduct landmanagementglobal consultations on the issue. Our idea was to discuss current experience and explore ways to enhance this kind of partnership.

Last month in Vienna, we completed the third consultation where 40-some participants joined us—split equally between government and private sector representatives. This followed two consultations held in Dubai last October and Kuala Lumpur in February.

Our consultations addressed several questions:

•    What models of PPP in land administration should be considered?
•    What are their minimum requirements?
•    What risks are involved and how can they be mitigated?

Continue reading

eC2: Support to the identification and implementation of priority reforms in the agribusiness sector in Guinea

Deadline: 24-Jun-2019 at 11:59:59 PM (Eastern Time – Washington D.C.)

The Investment Climate (IC) in Agribusiness project is a pillar of the IFC-World Bank imagesAction Plan to promote the agribusiness sector in Guinea. The World Bank Group recently assessed the main constraints and opportunities for the development of the agribusiness sector in Guinea.
The IC in Agribusiness project aims to improve the business climate for agribusiness through the implementation of targeted reforms aimed at unlocking investments high potential value chains and improving investments retention and generation. To implement these reforms, a dialogue mechanism to mobilize government and business community’s commitment is needed.

The IFC seeks to hire the services of a Consultant to support the identification and implementation of priority reforms for the agribusiness sector in Guinea. The Consultant will help drive the reforms on the Guinea agribusiness sector and will work closely with the designated teams within to implement these reforms.

Continue reading