June 18

Press Release: Investing in Africa’s People Yields Impact, Strengthens Efforts to Beat Pandemic

By World Bank Group

The plan sets out specific targets and financial commitments as part of the Human Capital Project, a global effort to accelerate more and better investments in people for greater equity and economic growth. One year after the launch of the Plan, there has not only been a significant scale-up, but also a shift in World Bank support to African countries. The Bank has committed close to $7.5 billion in financing specifically for human development projects over the past year (a more than doubling compared to the previous year), while also enhancing support to human capital across agriculture, social inclusion, water, sanitation and other sectors.

Photo courtesy of Simone D. McCourtie.

Source: Market Screener (link opens in a new window)

Coronavirus, Finance, WASH