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.
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New 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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Tunisia Scales Up Urban Flood Protection Efforts with World Bank Support

TUNIS, March 4, 2026 — The World Bank and the Government of Tunisia are expanding their partnership to strengthen the country’s resilience to climate and disaster risks through an additional financing for the US$ 125 million Tunisia Integrated Disaster Resilience Program (ResCat). The additional US$50 million will extend urban flood protection to three highly flood prone regions – Western Tunis, Gabès, and Djerba – building on experience from the cities of Bizerte, Monastir, and Nabeul covered under the initial Program. This scale-up comes as Tunisia continues to face significant flood risks, further exacerbated by climate change, as highlighted by the severe flooding in January 2026, which brought the heaviest rainfall in more than 70 years and widespread disruption across several regions.

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Introducing Senior Advisor Alain Ancion

I’ve traded field boots for Board papers, but I still keep the map handy. Since last September, I’ve been Senior Advisor and (the most magical job title ever) temporary permanent alternate ED, in the Dutch Executive Director’s Office at the World Bank, where my portfolio spans the Committee on Development Effectiveness (CODE), trade, procurement, and a mix of regional and thematic files.

Before the Boardroom, my compass pointed firmly toward the Netherlands Ministry of Foreign Affairs. I built extensive field experience in the Western Balkans as regional security coordinator on counter‑terrorism issues, and in Kenya as Deputy Ambassador for Somalia, leading a cross‑ministerial team drawn from four ministries.

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Unlocking Global International Financial Institution Opportunities: How RVO and the Washington Embassy Support Dutch Business

Dutch entrepreneurs looking to expand globally through International Financial Institutions (IFIs), the strategic partnership between the RVO Team International Organisations (TIO) and the Embassy of the Kingdom of the Netherlands in Washington D.C. (WAS) offers a vital support network. TIO serves as the primary point of contact for initial advice on a wide range of institutions—including the IADB, ADB, AfDB, and UN—while the WAS team specializes in providing in-depth guidance for DC-based organizations like the World Bank Group and IADB. Together, they ensure that the Dutch private sector is well-positioned to navigate the complex landscape of international procurement and partnership.

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Job Creation Key to Equality and Faster Poverty Reduction in Bangladesh, says World Bank

DHAKA, November 25, 2025 — Bangladesh reduced poverty significantly between 2010-2022, lifting 34 million people out of poverty while improving living standards and access to essential services like electricity, education, and sanitation, but since 2016, the pace of poverty reduction slowed and economic growth became less inclusive, says a new report launched today.

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Harnessing Digital Potential to Unlock Inclusive Growth and Job Creation

Western and Central African countries are committed to accelerating digital transformation to ensure broadband access, develop artificial intelligence capabilities, create digital jobs, and build an integrated market by 2030.

COTONOU, November 18, 2025 – At the conclusion of a regional summit held on November 17–18, 2025, in Benin, ministers responsible for digital affairs from West and Central African countries adopted the Cotonou Declaration, signaling their strong commitment to accelerating digital transformation in the region. They set ambitious targets for 2030, including achieving affordable and reliable broadband access for 90% of the population, deploying interoperable public digital infrastructure such as digital identity and payment systems, doubling intra-African e-commerce, and adopting harmonized frameworks for cybersecurity, data governance, and Artificial Intelligence (AI) to create a trusted environment.

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Skills Training Is Opening Opportunities for Millions of Young People in Africa

From a young age, Leah Francis Basu was fascinated by the mechanics of an aircraft. “I loved aircrafts,” she recalls, describing the moment she first discovered the science of lift. “It was surprising to me to learn the Bernoulli’s principle, where air moving faster over the top of the wing creates lower pressure, while the air beneath the wing remains at higher pressure, forcing the aircraft upward to take off.”

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