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Blog Post
March 07, 2024
An extraordinary cascade of crises threatens Africa’s growth and economic stability. The incomplete economic recovery from the global pandemic, Russia’s invasion of Ukraine, food and fuel inflation, rising debt distress, and Israel’s ongoing war in Gaza have all aggravated geopolitical and geo-econo...
Blog Post
May 15, 2023
A significant portion of African borrowing over the last decade has gone toward building infrastructure, but still, infrastructure has not kept up with population growth across the continent. Africa currently trails the rest of the world on every measure of infrastructure coverage. This deficit is m...
Blog Post
April 20, 2023
For the first time in a very long time, the US government bureaucracy has instructions to expand its engagement with Africa. This has raised questions, especially in Africa, about whether these changes mark an inflection point in the relationship between the United States and its African partners.
Blog Post
April 10, 2023
Among IDA’s key substantive priorities is gender and development—which sits alongside human capital; fragility, conflict, and violence; jobs and economic transformation; and climate change as an overarching special theme. But despite IDA’s inclusion of gender equality as a theme beginning in 2016, i...
Blog Post
March 10, 2023
The most recent G20 meeting ended without making any headway on critical global governance crises. Despite Indian Prime Minister Modi’s plea for members “not to allow current tensions to destroy agreements that might be reached on food and energy security, climate change and debt,” differences on th...
Blog Post
March 03, 2023
Last week, the Biden administration nominated Ajay Banga, former head of Mastercard, as a candidate to be the next World Bank president. I welcome President Biden’s choice, because Banga is an exciting and well-qualified candidate. As with any nominee, I hope the Bank’s shareholders will consider hi...
Blog Post
March 02, 2023
Since taking office, the Biden-Harris administration has introduced and started to implement a suite of new policies and strategies to advance global gender equality and ensure the enabling conditions for women to exercise voice and agency in their homes, workplaces, communities, and public life.