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Sub-Saharan Africa

Sub-Saharan Africa, home to more than 1 billion people, half of whom will be under 25 years old by 2050, is a diverse ...

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  • Publication
    Burkina Faso - Note Sectorielle sur les Forêts: Pour une Gestion Durable des Forêts du Burkina Faso
    (World Bank, Washington, DC, 2022-10) Banque mondiale
    Les forets apportent une contribution essentielle au développement socioéconomique du Burkina Faso. Dans le même temps, moins de 1% du budget de l’État est consacré à la gestion des forêts. Le manque de financement - à la fois pour l’investissement et le fonctionnement - est l’un des principaux problèmes auxquels le secteur est confronté. En conséquence, les forêts disparaissent. Le Burkina Faso a perdu près de la moitié de ses forêts en 30 ans. Les actions prioritaires sont : (i) Accroître les revenus tirés des forêts ; (ii) Modifier la clé de répartition du prix de vente du stère de bois de feu entre les acteurs et augmenter la part destinée aux communes ; (iii) Augmenter les investissements publics destinés au secteur forestier et le budget qui lui est alloué ; (iv) Faire une plus grande place à la biomasse dans les politiques énergétiques ; (v) Utiliser les fonds carbone comme une opportunité de générer des recettes supplémentaires et (vi) Renforcer les capacités techniques des services forestiers.
  • Publication
    G5 Sahel Region Country Climate and Development Report
    (Washington, DC: World Bank, 2022-07-01) World Bank Group
    The five countries of Burkina Faso, Chad, Mali, Mauritania, and Niger (the G5) in the Sahel region of Africa are among the least developed countries in the world. The now regular and growing climate shocks are causing large losses in outputs, reducing human capital accumulation, and leading to potentially devastating ecological and economic tipping points in the region. This World Bank country climate development report (CCDR) has examined the most critical actions and policy changes needed to accelerate the region's economic recovery, sustainable and inclusive development, and adaptation to the impacts of climate change. This report has three main messages. First, the opportunities for a resilient and lower-carbon development of the G5 countries are significant. They can reverse environmental degradation and maximize the benefits of climate action for the poor. Second, rapid, resilient, and inclusive growth is both the best form of adaptation to climate change and the best strategy for meeting development goals in an effective, sustainable, and productive manner. Third, the costs of inaction are far greater than the costs of action. Early and targeted action on policies and programs presented in this report can move the G5 Sahel countries towards a greener, more resilient, prosperous, and inclusive future.
  • Publication
    Chad Country Environmental Analysis
    (Washington, DC, 2022-06) World Bank
    Chad faces enormous challenges: poverty, insecurity associated with fragility, conflict, and violence (FCV), and low access to basic services such as education, health, and drinking water. In addition, it is the world’s most vulnerable country to climate change, according to the Notre Dame Global Adaptation Initiative, 2021. In this challenging context, the COVID-19 crisis worsened economic difficulties, increased inequality, and plunged hundreds of thousands of Chadians in extreme poverty. Key environmental challenges include: (i) Land degradation; (ii) Waste management and (iii) Climate change.
  • Publication
    Central African Republic: Country Economic Memorandum - From Fragility to Accelerated and Inclusive Growth
    (Washington, DC: World Bank, 2022-05-01) World Bank
    The Central African Republic (CAR) is at a critical crossroads. Despite its significant natural resource wealth, CAR remains one of the poorest and most fragile countries in the world. Cycles of political instability and a heavy reliance on natural resources have left the economy poorly diversified and with a small private sector. Almost a decade after the 2013 civil war, the country remains caught in a fragility trap, facing episodes of renewed insecurity and a substantial state-citizen divide. Supported by the 2015 peaceful transition of power, the authorities implemented several reform programs that helped to restore macroeconomic stability and steered the economy onto a relatively sustainable path to recovery over 2015–19. This chapter presents a core economic analysis of CAR—which is characterized by fragility, conflict, and violence (FCV)—and examines the mutually reinforcing relationship between fragility, inequality, and lack of inclusion. It also discusses lessons learned from previous episodes of political instability and ways to improve social cohesion. Finally, the chapter provides some insights into why reforms in the country have not produced sustained economic growth, and it presents some potential key pathways out of fragility and the related implications for structural reforms.
  • Publication
    Digital Senegal for Inclusive Growth: Technological Transformation for Better and More Jobs
    (Washington, DC: World Bank, 2022-02-03) Cruz, Marcio; Dutz, Mark A.; Rodríguez-Castelán, Carlos
    Digital Senegal for Inclusive Growth explores possible solutions for a more intensive use of digital technologies, especially by small and medium enterprises, to increase their productivity and create more quality jobs. The report will contribute to helping women and young people in particular to gain access to decent work and therefore reduce their exposure to poverty. Appropriate use of this report will make it possible to succeed in the challenges of digital transformation, especially in the context of a relatively young population that is more open to innovation and change.
  • Publication
    Cameroon Country Climate and Development Report
    (World Bank, Washington, DC, 2022) World Bank Group
    The Country Climate and Development Report (CCDR) identifies ways that Cameroon can achieve its overall development objectives while fostering the transition to a greener, more resilient, and more inclusive development pathway. The CCDR finds that climate change is already a threat to Cameroon’s development and the country faces the challenge of changing the current development model to create opportunities to improve resilience and to put the country on a stronger development trajectory. Currently, about two million people (nine percent of Cameroon’s population) live in drought-affected areas, and about eight percent of the country’s GDP is vulnerable. Tropical forests cover almost 40 percent of the country and provide an estimated eight million rural people with traditional staples including food, medicines, fuel, and construction material. Changes in temperature, rain and droughts put these people at greater risk of increased poverty. Furthermore, populations living in certain regions are more vulnerable to climate hazards, especially in the Far North where debilitating droughts have contributed to alarming rates of food insecurity and loss of livelihoods. To achieve more rapid, inclusive, and sustainable economic growth, moving away from the state-led development model, and putting the private sector at the forefront of economic activity are needed. Without reforms, the proportion of the population subsisting on an income at or below the international poverty rate would still be about 15 percent in 2050, well above the global target of three percent, whereas changing the development model could bring that proportion down to about three percent by that year. The report also puts adaptation at the heart of climate action as well and identify four priority areas for intervention and which are: (i) agriculture, forestry and other land use; (ii) cities; (iii) infrastructure; and (iv) human capital.
  • Publication
    Note de Politique sur le Developpement du Credit Agricole au Niger
    (World Bank, Washington, DC, 2021-12-20) World Bank
    Moins de 1,1% de la population adulte nigérienne a eu accès un crédit agricole pour améliorer sa production ou investir dans la transformation de produits agricoles en 2017. Ce secteur embauche cependant plus de 80% de la population adulte du pays. Les institutions financières qui interviennent dans le secteur agricole, notamment trois parmi les principales institutions de microfinance du pays et environ trois banques commerciales et la BAGRI (banque publique agricole) sont pour la plupart elles-mêmes vulnérables. La majeure partie de ces institutions préfèrent se focaliser sur le crédit pour la commercialisation de produits agricoles et le financement des fonds de roulement (qui sont généralement des crédits à court terme à échéances fréquentes). Ces types de crédit ne conviennent cependant pas toujours aux activités agricoles saisonnières ou pour la transformation qui nécessite des investissements à moyen et long terme. Malgré les efforts récents, l’activité de crédit-bail reste négligeable, le crédit warrantage limité, le crédit digital encore inexistant.
  • Publication
    République de Côte d’Ivoire 2021-2030 - Sustaining High, Inclusive, and Resilient Growth Post COVID-19: A World Bank Group Input to the 2030 Development Strategy
    (World Bank, Washington, DC, 2021-09-23) World Bank
    This report, initiated at the request of His Excellency President Alassane Ouattara to Hafez M. H. Ghanem, the World Bank Group Regional Vice President for Eastern and Southern Africa, is the first country application of the new regional strategy, Supporting Africa’s Transformation. Albert Zeufack, the Chief Economist of the World Bank Group Africa Region, led a team to synthesize knowledge and experience from Côte d’Ivoire and across the world. The report incorporates the perspective of the new International Development Association agenda, Jobs and Economic Transformation, and addresses three operational objectives for Côte d’Ivoire: create sustainable and inclusive growth by maintaining macroeconomic stability, fighting corruption, advancing digital transformation, and maximizing private finance; strengthen human capital by empowering women, reducing child mortality and stunting, and improving education, health, and social protection; build resilience against fragility and climate change. The National Development Plan 2016-20 consolidated promarket reforms and reaffirmed the ambition to reach upper-middle-income status. Côte d’Ivoire is embarking on a strategy to sustain strong gross domestic product (GDP) growth through 2030 while rapidly reducing poverty. Côte d’Ivoire’s aspiration of becoming an emerging market economy with low levels of poverty requires a long period of strong and inclusive growth. The report analyzes growth trajectories and identifies the investments needed to achieve and sustain desired levels of growth, along with the corresponding financing needs. It discusses the opportunities presented by the country’s surplus labor, young population, and huge diversification potential.
  • Publication
    Niger Spring 2021 Economic Update: Maximizing Public Expenditure Efficiency for Rebuilding Better
    (World Bank, Washington, DC, 2021-07-14) World Bank
    The ongoing health and security crisis have partly undermined the benefits from past years of strengthening economic growth. Sustaining an upward trend over the recent years, real growth stood at 5.9 percent in 2019. However, it fell to 3.6 percent in 2020, because of the pandemic and increasingly violent terrorist attacks. Inflation increased to 3.4 percent in 2020, triggered by supply disruptions and speculative behaviors, combined with food shortages. The economy is projected to rebound in 2021, growing at 5.5 percent, with the reopening of the border with Nigeria and the resumption of large investment projects and a normalization of other supply chains. The large import content of these projects will cause the current account deficit to widen further while completion of the main oil pipeline by 2023 should boost revenue and exports over the medium term. However, GDP per capita in 2021 will be only 1 percent higher than in 2019. Addressing inefficient management of a universal fertilizer subsidy program could generate fiscal savings of 0.15 percent of GDP. Until September 2020 fertilizers were sold by Central Agricultural Input and Equipment Supply Agency (CAIMA) and were on average half universally subsidized without targeting specific farmers or crops. The system was characterized by large inefficiencies, including inefficient fertilizer acquisition cost, incapacity to meet the demand and rising operating expenses. After having removed the management of fertilizers from Caima’s mandate, it is important that the Government finalize the ongoing work with development partners for a fertilizers reform that allows a better targeting the subsidies and gives a greater role for the private sector in the fertilizers supply and distribution.
  • Publication
    Central African Republic Economic Update, July 2021: Investing in Human Capital to Protect the Future
    (World Bank, Washington, DC, 2021-07) World Bank
    The economy of the Central African Republic (CAR) decelerated in 2020 compared to 2019. Despite a relatively contained health impact, the coronavirus disease 2019 (COVID-19) pandemic has had a significant impact on the country’s economy, with the disruption in global value chains, low external demand, and domestic containment measures that significantly affected trade, transport, and tourism. Nevertheless, CAR’s GDP growth of 0.8 percent has outpaced the average of regional peers (−2.9 percent) and countries affected by fragility, conflict and violence (FCV) (−1.7 percent). On the supply side, the positive dynamic of the agriculture sector prevented the economy from entering a recession, and the forestry and telecommunications sectors were more resilient than expected. On the demand side, private consumption contracted in 2020, reflecting a decline in household income owing to the pandemic. As a result, the extreme poverty rate increased from 70.7 percent in 2019 to 71.4 percent, affecting a total of more than 3.4 million people, in 2020. CAR’s current account balance (CAD) deteriorated in 2020. The current account deficit widened from 4.8 percent of GDP in 2019 to 8.7 percent of GDP in 2020, driven by weak external demand and private transfers as well as an increased deficit of the balance on goods. With the COVID-19 pandemic, goods exports declined while non-oil imports were boosted by donor-funded investments. CAR’s current account deficit is not expected to be as severe as that of comparator FCV, CEMAC, and Sub-Saharan African (SSA) countries. The capital account balance improved significantly in 2020 due to the rise in external grants, while the financial account surplus shifted into a deficit. The improvement in the capital account has helped narrow the balance of payments deficit and increasing foreign reserves, which reached a level equivalent to about 3.5 months imports at end-2020.