World Bank Group to Nearly Double Funding in Ebola Crisis to $400 Million

Makhtar Diop, World Bank Vice President for Africa.

Record 10,500 tons of seed to be delivered for April planting season

In a concerted push to revive agriculture and avert hunger in Ebola-hit countries, the World Bank Group has mobilized up to $15 million in emergency financing to provide a record 10,500 tons of maize and rice seed to over 200,000 farmers in Guinea, Liberia and Sierra Leone in time for the April planting season.

More than one million people could go hungry unless they...

New GDP Estimates Show International Support Vital to Speed Recovery

The World Bank Group (WBG) announced today that it would provide at least US$650 million during the next 12 to 18 months to help Guinea, Liberia and Sierra Leone recover from the devastating social and economic impact of the Ebola crisis and advance their longer-term development needs. The new WBG pledge brings the organization’s total financing for Ebola response and recovery efforts to date to US$1.62 billion.

The...

The World Bank has suspended disbursement of funds to two road projects in Uganda until government addresses environmental and social issues that were occasioned on the communities of Kamwenge, which resulted in the World Bank canceling its financing of the Transport Sector Development Project (TSDP).

The world is facing a global jobs crisis that is hurting the chances of reigniting economic growth and there is no magic bullet to solve the problem, the World Bank warned on Tuesday.

JOB #141045
JOB TITLELead Specialist- Leadership and Learning
JOB FAMILYLearning
JOB TYPEProfessional & Technical
GRADEGH
LOCATIONWashington, DC
RECRUITMENT TYPEInternational Hire
LANGUAGE REQUIREMENTEnglish [Essential]
CLOSING DATE01-Nov-2014

Background / General description:
Leadership, Learning, and Innovation (LLI) is a new WBG Vice Presidency (VPU) dedicated to building the capacity of staff and country partners to accelerate achievement of the twin WBG goals:  to eradicate extreme poverty by...

WASHINGTON, —The World Bank Group’s Board of Executive Directors approved today a new US$45 million credit for Tanzania to improve the socioeconomic impacts of large and small-scale mining for the country and people. It will also help increase private, local, and foreign investments.
“This project shows the World Bank's commitment to support Tanzania’s efforts to allocate mining resources equitably, especially to the poorest through a focus on artisanal and small-scale mining," said Philippe...

Ahead of World Education Forum 2015, Bank Group says poor education quality has ‘serious consequences’ for ending extreme poverty
INCHEON, Republic of Korea, May 18, 2015 – On the eve of the landmark World Education Forum 2015, the World Bank Group announced that it will double results-based financing for education to US$5 billion over the next five years. The new financing is part of the Bank Group’s commitment to end extreme poverty in the world by 2030 by improving both the quality and...

“For the first time in the history of the World Bank Group, we have set a goal that aims to reduce global inequality.” — World Bank Group President Kim

World Bank Group President Jim Yong Kim today called for economic growth that creates more just societies, and he defined the institution’s goal of boosting shared prosperity as the World Bank Group’s way of tackling the global challenge of inequality.

Speaking at Howard University in Washington DC on the eve of the World Bank/IMF Annual...

The president of the World Bank makes an emotional appeal for 5,000 medical workers to volunteer and help contain the growing Ebola outbreak.