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Tag Archives: World Bank
World Bank Supports Jobs, Renewable Energy and Lower Energy Costs in Brazil’s Amazon Region
WASHINGTON, DC, March 20, 2026 — The World Bank’s Board of Directors approved a new project in Brazil’s Legal Amazon to support jobs, expand renewable energy generation, and lower energy costs across one of the world’s most ecologically significant regions. The project will help create quality jobs, expand access to reliable electricity for more than one million residents currently without basic energy services, and support the Amazon in attracting investment and securing its share of the growing global clean energy economy.
Continue readingNigeria’s Power Sector Expanding Electricity Access Under Mission 300 | Talking Development
“Credit: World Bank Group. All rights reserved”
World Bank to Boost Jobs, Competitiveness, and Sustainable Mining in Peru
New project will modernize geoscientific data, streamline permitting, and unlock private investment in strategic minerals
WASHINGTON, March 16, 2026 — The World Bank Board of Directors approved a new project to support Peru in becoming more competitive, transparent, and sustainable in the mining sector—laying the foundation for more and better jobs across the value chain.
Continue readingSafeguarding Coasts, Driving Jobs: WACA+ to Protect 530,000 People and Catalyze 13,000 Blue Economy Jobs
Combining coastal protection with private‑sector–led growth to strengthen the blue economy value chains in Benin and Mauritania.
WASHINGTON, March 17, 2026 – The World Bank Group today approved a total of $240 million, including $207 million from the International Development Association (IDA) financing, $5 million from the PROBLUE trust fund, and $28 million in private capital, to launch the first phase of the West Africa Coastal Areas Blue Economy and Resilience Program (WACA+). The program will help Benin and Mauritania protect vulnerable coastlines from erosion and floods, strengthen blue‑economy value chains, and create thousands of new and better‑paid jobs for coastal communities.
Why digital payments still stop at the small shop—and how to fix it
Over the past decade, countries have invested heavily in modern payment systems. Fast payment systems are now widely available, even in many low- and middle-income countries. In many emerging markets, most adults own a debit card, a wallet or transaction account. On paper, the digital rails are in place.
Continue readingJobs in Africa
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Building Futures: Unlocking Affordable Housing in Egypt
STORY HIGHLIGHTS
- The World Bank’s Inclusive Housing Finance Program has enabled more than 693,000 low-income households to access formal, affordable housing—strengthening housing security and expanding financial inclusion nationwide.
- The program has catalyzed private-sector participation, helping grow the mortgage market from US$132 million in 2014 to US$2.2 billion in 2026 and supporting an estimated 4 million jobs in construction.
- By prioritizing women beneficiaries and delivering green-certified, energy-efficient homes, the initiative is advancing gender equity, sustainability, and more inclusive urban development.
Pitching to the choir: How gender-sector bias affects investment decisions
Imagine you are chatting with an entrepreneur who is eager to grow their business — confident, well-prepared, numbers in hand. The idea is solid, the plan convincing. You think about product-market fit, weigh operational risks, and start forming an impression of the venture.
Now pause for a moment. Would your view of the business change if the person pitching it were a man — or a woman?
Continue readingNew Program to Equip 18 Million Youth and Enable Jobs in Eastern and Southern Africa
WASHINGTON, February 26, 2026 – Millions of young people across Eastern and Southern Africa stand to gain skills they need to thrive through a new regional program that is designed to support job creation at scale. By 2034, 18 million young people in the region are expected to receive better education and skills, unlocking opportunities in key economic sectors through the program that will also contribute to millions of new jobs.
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