Sub-Saharan Africa’s growth picked up moderately in 2014, to 4.5%, compared with 4.2% in 2013. Regional GDP growth is projected to remain broadly unchanged at 4.6% in 2015. Despite headwinds, growth is projected to pick up to 5.1% by 2017, lifted by infrastructure investment, increased agriculture production, and buoyant services.
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February 24, 2015 — A new rehabilitation project, supported by the World Bank, will refurbish the world’s largest man-made reservoir, helping to bring more electricity to homes in Southern Africa. Read More »
February 9, 2015 — In Africa, there is an opportunity for large mining companies to work more closely with governments and utilities to expand electricity access for countries and communities. Read More »
January 28, 2015 — African women work harder and longer for less pay and fewer outputs. How can educating girls, putting women in leadership roles, providing family planning and better health care change the course of development for an entire continent?Read More »
New data shows the quality and quantity of research in Sub Saharan Africa improving, but a gap in the critical areas of Science, Technology Engineering and Math research, which could hurt the region’s chances of economic growth.Read More »
The World Bank Group’s emergency response to the Ebola crisis is to help stop the spread of infections, improve public health systems throughout West Africa, and assist countries in coping with the economic impact.
IDA is the part of the World Bank that helps the world’s poorest countries. Established in 1960, IDA aims to reduce poverty by providing loans (called “credits”) and grants for programs that boost economic growth, reduce inequalities, and improve people’s living conditions.