Closing date: Wednesday, 23 September 2015
Background / General description
The World Bank's strategy to help end extreme poverty and boost shared prosperity in Africa takes shape across an array of programs tailored to the circumstances and needs of each country. Working with governments and other partners, the Bank is supporting delivery of basic services, extending safety nets, ensuring food security, strengthening small farmers, and helping Ebola-affected countries recover. Investments in human capacity and in strengthened institutions underlie many of the development strategies.
Africa's recently robust growth rates are slowing due to lower international prices for oil and other commodities on which a number of countries depend. Meanwhile, stability and security concerns shape the Bank's work in eighteen countries categorized as Fragile and Conflict-affected States (FCS), where programs aim to accelerate state rebuilding and lower economic disparities among regions and groups.
In Zambia, the Country Partnership Strategy (CPS) 2013 - 2016 supports three objectives: reducing poverty and vulnerability by stimulating agricultural productivity and promoting agro-businesses; improving competitiveness through infrastructure investment and business-oriented regulatory reforms; and strengthening governance and economic management. A portfolio of 16 Bank-financed operations represent net commitments of approximately US$800 million, with other arms of the World Bank Group extending additional commitments that bring the total to US$975 million.
