The World Bank Group is the largest financier of education in the developing world, working in 85 countries and committed to helping them reach SDG4: access to inclusive and equitable quality education and lifelong learning opportunities for all by 2030.
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Why bridging Africa's skills gap is crucial for growth
Education is a human right, a powerful driver of development, and one of the strongest instruments for reducing poverty and improving health, gender equality, peace, and stability. It delivers large, consistent returns in terms of income, and is the most important factor to ensure equity and inclusion. For individuals, education promotes employment, earnings, health, and poverty reduction. Globally, there is a 9% increase in hourly earnings for every extra year of schooling. EDUCATION FACTSHEET (PDF)
Insights by the Global Director for Education at the World Bank, Luis Benveniste, on how the bank and other partners are responding to the learning crisis.
The debt swap—the first of its kind supported by the World Bank Group—will help Côte d’Ivoire reduce costly debt, freeing up resources for the country to invest in schools.
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