The World Bank pioneered global HIV and AIDS financing early in the emergency and remains committed to achieving Millennium Development Goal 6, to halt by 2015 and begin to reverse the spread of HIV and AIDS, through prevention, care, treatment, and mitigation services for those affected by HIV and AIDS.
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VIENTIANE, Laos, June 18, 2011 --The World Bank and AusAid organized the Young Entrepreneurial Marketplace Competition, a contest where young Laotians could pitch their business ideas and turn these into... Show More + reality over the next year. Candidates stood a chance at winning $5,000.00 and mentorship from the Young Entrepreneurs Association of Lao PDR. 212 proposals- covering business ideas about tech, farm products, and more - were submitted.Meet the 11 teams who emerged as winners of the competition:Teaching Computer SkillsTuny Inthanongsak, Apple Inthanongsak, and Sidavanh Thammavong“Information technology (IT) is rapidly growing in Laos. We’ve been working with computers and electronics for nine years and know how IT can be used in all work and help generate income. This is why we want to set up a training center for students, teachers, and local people from Dongkhamxang Village (Vientiane) who want to gain IT skills.”Empowering Women with HIV to Make and Sell HandicraftsPhennapha Phommach Show Less -
The project benefits from collaboration within the World Bank Group and a strong partnership with the government of Lesotho. The World Bank provided technical assistance to the design and management of... Show More + the PPP as part of the Health Sector Reform Program.The International Finance Corporation (IFC), the Bank’s private sector arm, acted as lead advisor to the government of Lesotho throughout the planning, structuring, tendering and implementation phases of the PPP agreement, including extensive due diligence to establish the project’s feasibility and to engage and secure the support of stakeholders locally, regionally and internationally.Jean Philippe Prosper, IFC Director for Eastern and Southern Africa said, “This pioneering project is the first public-private partnership in Africa's health sector that outsources the design, build and full operation of a hospital and all clinical services. It provides an innovative and sustainable model for governments and the private sector to collabor Show Less -