Zimbabwe Socio-Economic Transformation Fund

A pilot project in Zimbabwe shows how grants, cash, and menstrual pads can keep adolescent girls in school

The pilot project reduced the school dropout rate for adolescent girls after the COVID-19 pandemic, through complementary social protection and WASH interventions.

The Zimbabwe Socio-Economic Transformation 2024-2028 (ZISET) is a restructuring of the Zimbabwe Reconstruction Trust Fund 2015-2023 (ZIMREF). ZISET is a country specific multi-donor umbrella trust fund which seeks to promote inclusive growth and socio-economic resilience. It serves to support the implementation of the WB’s Country Engagement strategy in Zimbabwe. The ZISET activities are organized under two pillars, with a focus on inclusion of underserved groups, such as women, girls, and the extreme poor, to tackle and prevent the worsening of social exclusion and fragmentation.

ZISET pillars are:

  1. Supporting inclusive, private sector-led growth, and
  2. Building household resilience and increasing women’s earnings.
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World Bank in Africa

Sub-Saharan Africa, with over a billion residents, where 50% will be under 25 by 2050, boasts vast human and natural resources that could drive growth and eradicate poverty, fostering better health and wealth.

World Bank in Zimbabwe

World Bank Group (WBG) assistance to Zimbabwe totaled $1.6 billion between 1980 and 2000. While Zimbabwe is in arrears, the WBG has remained fully engaged through financing from the global trust funds

Zimbabwe Economic Update

Economic activity has accelerated in Zimbabwe, despite global challenges. Zimbabwe was one of the fastest-growing economies in the Southern African Development Community (SADC) in 2021, 2022 and, so far, also in 2023.