A game changer for social protection? Six reflections on COVID-19 and the future of cash transfers

“The COVID-19 temporary cash transfers are helping; but they operate alongside preexisting structural gaps in social protection. Whether the pandemic can be a game changer for addressing such gaps may depend on how the crisis affects six factors inhibiting coverage pan out in different contexts.”

via World Bank

Three pillars of Africa’s COVID-19 recovery

“Returning the world to any kind of recognizable ‘normal’ might take years. Even so, there are ways Africa can speed its economic recovery—and build a stronger, more robust, more competitive post-COVID-19 environment for business growth and job creation.”

via World Bank

Monitoring COVID-19 Impact on Nigerian Households

“Nigeria was among the first countries in Sub-Saharan Africa to identify COVID-19 (coronavirus) cases and has since implemented strict measures to contain the spread of the virus.”

via World Bank

Uganda’s GDP Contracts under COVID-19, Investing in Uganda’s Youth Key to Recovery

“The latest World Bank economic analysis for Uganda projects the economy to contract by up to 1% in 2020 due to COVID-19 disruptions to trade activities and production, down from 7.5% growth in 2019.”

via World Bank

World Bank Provides $45 Million to Strengthen COVID-19 Response and Reforms in the Education Sector in Cameroon

“The World Bank approved an additional financing from the International Development Association in the amount of $45 million to the Education Reform Support Project to support Cameroon’s efforts in promoting learning for all. This IDA credit will be complemented by a Global Partnership for Education grant in the total amount of $ 52.45 million.”

via World Bank

The Central African Republic in Times of COVID-19: Towards a Diversified and more Resilient Economy

“Diversifying CAR’s economy is critical to achieving long-term sustainable development and strengthening resilience. Economic diversification can further reduce poverty and vulnerabilities by generating a wide array of employment opportunities throughout the economy.”

via World Bank

Kenya Economic Update: Navigating the Pandemic

“Kenya’s economy has been exposed through the dampening effects on domestic activity of the containment measures and behavioral responses, and through trade and travel disruption. Real GDP contracted by 0.4 percent in H1 2020 year-on-year, compared to growth of 5.4 percent in H1 of 2019.”

via World Bank

World Bank Approves US$40 million Loan to Support the Kingdom of Eswatini’s Program for Economic Recovery to Mitigate Impacts of COVID-19

“The World Bank Group Board of Executive Directors today approved a $40 million Economic Recovery Development Policy Loan (DPL) to support the Government of Eswatini to implement its program of reforms for economic recovery and ongoing efforts to mitigate the impact of the COVID-19 pandemic.”

via World Bank

IDA and the Private Sector Join Forces to Fight the Pandemic in the Most Fragile Countries

“The IDA PSW is helping the private sector in IDA countries affected by COVID-19 through financing to small and medium-sized businesses, helping them keep their doors open.”

via World Bank

World Bank Group Supports Ghana To Boost its COVID-19 Response

“The World Bank Board of Executive Directors today approved an additional credit of $130 million from the International Development Association (IDA) for the Ghana COVID-19 Emergency Preparedness and Response Project.”

via World Bank