As a key player in the development of Francophone Africa, World Bank’s African Subsidiary is committed to empowering countries through sustainable and inclusive growth. By partnering with government agencies, civil society organizations, and private sector firms, we aim to advance economic opportunities and reduce poverty in the region.
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Our Mission and Objectives
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Our mission is to promote sustainable economic growth, reduce poverty, and improve living standards in the countries we serve. We work with our clients and partners to identify and address development challenges, provide technical assistance, and support reform efforts.
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We strive to achieve the following objectives:
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- Strengthen governance and institutions
- Promote private sector development and investment
- Improve access to basic services, including health and education
- Enhance regional integration and connectivity
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Our Approach
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Our approach is based on collaboration, innovation, and knowledge sharing. We work closely with our clients to design and implement development programs that are tailored to their specific needs and priorities. We also leverage our global expertise and resources to provide technical assistance and knowledge products that help inform policy decisions.
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We recognize the importance of engaging all stakeholders in the development process, including women, youth, and marginalized communities. We strive to ensure that our programs are inclusive and equitable, and that they promote social cohesion and peacebuilding.
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Our Impact
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Since our inception, we have supported numerous development projects in Francophone Africa, ranging from infrastructure development to social protection programs. Our interventions have helped create jobs, increase access to basic services, and promote economic growth.
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For example, our support for the development of the Senegalese electricity sector has helped increase access to electricity from 20% to over 50% in just a few years. Our investments in education and health in Burkina Faso have helped improve the quality of life for thousands of people.
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Conclusion
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The World Bank’s African Subsidiary is committed to promoting sustainable economic growth, reducing poverty, and improving living standards in Francophone Africa. We believe that through collaboration and innovation, we can help empower countries and communities to achieve their full potential.