World Bank, E.U. Pledge $8.25B To Boost Economic Growth In Sahel

“The World Bank and the European Union are pledging $8.25 billion to boost economic growth and fight poverty in Africa’s Sahel region,” according to an announcement made on Monday during a trip to the region by U.N. Secretary-General Ban Ki-moon and World Bank President Jim Yong Kim, the Associated Press/Washington Post reports. “The E.U. is donating $6.75 billion over seven years,” while “[t]he World Bank is contributing $1.5 billion over two years,” the news service adds (11/4). “Ban, Kim and top officials from the African Union, African Development Bank and European Union [were] in Mali on Monday and [will] travel to Niger, Burkina Faso and Chad” in an effort “to highlight the battle against poverty [in some of] Africa’s worst-off nations,” Agence France-Presse writes, noting, “Eleven million of the 80 million people living in Sahel countries lack sufficient food, the region has had three severe droughts in a decade and Ban says it is ‘awash with weapons'” (11/1).

The KFF Daily Global Health Policy Report summarized news and information on global health policy from hundreds of sources, from May 2009 through December 2020. All summaries are archived and available via search.

The Henry J. Kaiser Family Foundation Headquarters: 185 Berry St., Suite 2000, San Francisco, CA 94107 | Phone 650-854-9400
Washington Offices and Barbara Jordan Conference Center: 1330 G Street, NW, Washington, DC 20005 | Phone 202-347-5270

www.kff.org | Email Alerts: kff.org/email | facebook.com/KaiserFamilyFoundation | twitter.com/kff

Filling the need for trusted information on national health issues, the Kaiser Family Foundation is a nonprofit organization based in San Francisco, California.