World Bank Africa Strategy for 2019–2023
BUILDING THE FOUNDATIONS
for a Resilient and Sustainable Africa.
Africa is a diverse continent brimming with opportunities. From clean energy and climate-smart agriculture to home grown digital innovations, African countries are accelerating their efforts to develop sustainably. Home to a 1.2-billion person market and the world’s largest free trade zone, Africa offers human and natural resources that have the potential to yield inclusive growth and wipe out poverty in the region, enabling Africans across the continent to live healthier and more prosperous lives.
Yet these vast opportunities are tempered by persistent gaps in education, health, and skills, which have Africa only reaching forty percent of its estimated potential. Moreover, conflict, food insecurity, population growth, and the disruptive forces of climate change threaten to curtail or even reverse the progress that has been made over the past decades. In the face of these growing and complicated challenges, the World Bank is working even more urgently in support of African countries as they become more competitive in the global economy, harness the power of the digital revolution, and improve the quality of life of their people…
