Å·ÃÀÈÕb´óƬ

The WBG and other Development Partners have provided not more than 20% of required support to Malawi, Mozambique and Zimbabwe following the devastating effects of Tropical Cyclone Idai. The cyclone damaged the infrastructure corridor connecting the Mozambican port of Beira with Malawi, Zambia and Zimbabwe. It is estimated that the damage and recovery needs assessment point to over US$2.0 billion for infrastructure and humanitarian assistance for the three countries, with more than three million people affected.

 Sub-Saharan Africa (SSA) has made progress in economic transformation in recent years, but at a pace not sufficient enough to create much-needed jobs and reduce poverty substantially as in East Asia. Demographic pressures mean that SSA will need to create more than 14 million jobs annually through 2030 simply to keep pace with the rapidly growing youth population. To this end, the creation of decent jobs remains a formidable public policy challenge, requiring countries to not only sustain high rates of growth but also make it more inclusive.