World Bank Search - documentsYzJmOGFmYjI5ZTY1MWIzZDk5M2FlMDY5ODllNmFkNzA3NWQ3ZDBlZQ2http://www.worldbank.org/en/news/statement/2024/03/26/world-bank-group-statement-on-debt-restructuring-agreement-for-afe-zambiaZambiaThe World Bank today released the following statement on Zambia.regions:Africa,country:ZambiaEnglishAfricaWorld Bank Group Statement on Debt Restructuring Agreement for Zambia/content/wb-home/en/news/statement/2024/03/26/world-bank-group-statement-on-debt-restructuring-agreement-for-afe-zambia2024-03-26T12:39:10ZAfricacq5ZambiaZMStatement WASHINGTON, March 26, 2024 — The World Bank today released the following statement on Zambia: “The World Bank welcomes the agreement between the Government of the Republic of Zambia and bondholders on the terms for restructuring Zambia’s Eurobonds. This follows the agreement Zambia reached in 2023 with the official bilateral creditors. The Official Creditor Committee has confirmed that the agreement meets comparability of treatment requirements. The terms are consistent with the parameters of the Joint World Bank-International Monetary Fund Debt Sustainability Framework. To finalize the debt restructuring process, other commercial creditors must now agree to restructure debt on terms that are comparable to those offered by bondholders and official bilateral creditors. Zambia’s agreement on the terms of debt restructuring with Eurobond holders represents a critical milestone toward restoring debt sustainability. Completion of negotiations with other commercial creditors will bring a final resolution to Zambia’s debt crisis. This will help Zambia attract new investments, accelerate growth, generate jobs, and respond to urgent priorities, such as the ongoing drought. The World Bank is the largest provider of development financing to Zambia. Since 2021, the World Bank, through IDA, has committed over USD 2.1 billion to Zambia to support projects focused on private sector development and jobs, inclusive service delivery, and sustainable and resilient development. Starting July 2023, all new World Bank financing to Zambia has been provided as grants to further help the country while it is in debt distress. The World Bank’s cumulative net positive flows since 2021 have reached USD 1.2 billion.” WASHINGTON, March 26, 2024 — The World Bank today released the following statement on Zambia: “The World Bank welcomes the agreement between the Government of the Republic of Zambia and bondholders on the terms for restructuring Zambia’s Eurobonds. This follows the agreement Zambia reached in 2023 with the official bilateral creditors. The Official Creditor Committee has confirmed that the agreement meets comparability of treatment requirements. The terms are consistent with the parameters of the Joint World Bank-International Monetary Fund Debt Sustainability Framework. To finalize the debt restructuring process, other commercial creditors must now agree to restructure debt on terms that are comparable to those offered by bondholders and official bilateral creditors. Zambia’s agreement on the terms of debt restructuring with Eurobond holders represents a critical milestone toward restoring debt sustainability. Completion of negotiations with other commercial creditors will bring a fiStatementAfrica, AFRNDUxNzJhYTJjMzg1NGVkM2FjMTU3NWEyMzRmN2NmZjI3NjRiZmNjNw2http://www.worldbank.org/en/news/press-release/2024/03/15/world-bank-boosts-support-for-the-financial-sustainability-reliability-and-resilience-of-afe-zambias-electricity-sectorZambiaA new National Energy Advancement and Transformation Program (NEAT), a multiphase program supported by the World Bank, will help Zambia step up the financial sustainability, reliability, and resilience of its electricity sector by 2033.regions:Africa,country:ZambiaEnglishAfricaWorld Bank Boosts Support for the Financial Sustainability, Reliability, and Resilience of Zambia’s Electricity Sector/content/wb-home/en/news/press-release/2024/03/15/world-bank-boosts-support-for-the-financial-sustainability-reliability-and-resilience-of-afe-zambias-electricity-sector2024-03-15T13:09:36ZAfricacq5ZambiaZMPress Release LUSAKA, March 15, 2024 — A new National Energy Advancement and Transformation Program (NEAT), a multiphase program supported by the World Bank, will help Zambia step up the financial sustainability, reliability, and resilience of its electricity sector by 2033. The $700 million NEAT program will help Zambia’s national power utility, ZESCO, return to sustainability, attract new private sector investment at scale to enable new growth, and deliver more inclusive development across the national territory. In doing so, it will also help to enhance the energy sector's climate resilience through diversification of the energy mix. The first phase of the program, which runs from 2024 to 2026, will provide a $100 million grant to improve ZESCO’s financial performance and operational reliability, and strengthen electrification financing mechanisms supporting the Rural Electrification Authority (REA). It will also improve Zambia's procurement process for non-hydropower renewable energy projects. Press ReleaseAfrica, AFRM2Q2NzI4ODdhMmNkZGZkM2NlNjdhNWRiNWFkYzMxYTI5NDMzYzQ4Yg2http://www.banquemondiale.org/fr/news/press-release/2024/03/08/advancing-climate-smart-agriculture-technologies-in-africaEthiopia,Ghana,Kenya,Mali,Senegal,ZambiaLa Banque mondiale a approuvé aujourd’hui une enveloppe de dons d’un montant de 40 millions de dollars de l’IDA en faveur du projet AICCRA (« Accélérer l’impact de la recherche climatique du CGIAR en Afrique »). L’apport de ces fonds supplémentaires marque une étape importante pour la promotion de technologies agricoles climato-intelligentes et le renforcement indispensable de la résilience climatique et de la sécurité alimentaire en Éthiopie, au Ghana, au Kenya, au Mali, au Sénégal en Zambiesubject:climate change adaptation,subject:climate change,subject:agriculture and food security,subject:information and communication technologies,regions:Africa,country:Ethiopia,country:Ghana,country:Kenya,country:Mali,country:Senegal,country:ZambiaFrenchAfricaPromouvoir des technologies agricoles climato-intelligentes en AfriqueClimate Change Adaptation,Climate Change,Agriculture And Food Security,Information And Communication Technologies/content/wb-home/fr/news/press-release/2024/03/08/advancing-climate-smart-agriculture-technologies-in-africa2024-03-08T20:14:00ZAfricacq5Ethiopia,Ghana,Kenya,Mali,Senegal,ZambiaET,GH,KE,ML,SN,ZMPress ReleasePress ReleaseAfrica, AFRIDAOTg0OGRiYmRkOWU4NTA1M2NhYTFjYzA4ZjBhZGZhMjM1Mzg0M2Q3Yw2http://www.worldbank.org/en/news/press-release/2024/03/08/advancing-climate-smart-agriculture-technologies-in-africaEthiopia,Ghana,Kenya,Mali,Senegal,ZambiaThe World Bank Board of Directors today approved an additional $40 million in IDA grants to the Accelerating Impacts of CGIAR Climate Research for Africa project (AICCRA), a significant step towards advancing climate-smart agriculture (CSA) technologies and addressing critical gaps in climate resilience and food security in Ethiopia, Ghana, Kenya, Mali, Senegal, and Zambia.subject:climate change adaptation,subject:climate change,subject:agriculture and food security,subject:information and communication technologies,regions:Africa,country:Ethiopia,country:Ghana,country:Kenya,country:Mali,country:Senegal,country:ZambiaEnglishAfricaAdvancing Climate-Smart Agriculture Technologies in AfricaClimate Change Adaptation,Climate Change,Agriculture And Food Security,Information And Communication Technologies/content/wb-home/en/news/press-release/2024/03/08/advancing-climate-smart-agriculture-technologies-in-africa2024-03-08T20:14:00ZAfricacq5Ethiopia,Ghana,Kenya,Mali,Senegal,ZambiaET,GH,KE,ML,SN,ZMPress ReleasePress ReleaseAfrica, AFRIDAY2NlNGM3OTIwOTYzYjdjNjM0ZWY4NjQ1ZmZmZjRhMGY4ZWU1ZGY0MQ2http://www.worldbank.org/en/news/press-release/2024/02/20/new-world-bank-grant-to-improve-transport-and-trade-connectivity-between-afe-zambia-and-tanzaniaTanzania,ZambiaIn an effort to drive greater development and trade, the World Bank is supporting improvements in transport and trade connectivity along the Dar es Salaam Corridor between Zambia and Tanzania.country:Tanzania,country:Zambia,regions:AfricaEnglishAfricaNew World Bank Grant to Improve Transport and Trade Connectivity Between Zambia and Tanzania/content/wb-home/en/news/press-release/2024/02/20/new-world-bank-grant-to-improve-transport-and-trade-connectivity-between-afe-zambia-and-tanzania2024-02-20T09:32:00ZAfricacq5Tanzania,ZambiaTZ,ZMPress Release LUSAKA, February 20, 2024 — In an effort to drive greater development and trade, the World Bank is supporting improvements in transport and trade connectivity along the Dar es Salaam Corridor between Zambia and Tanzania. The six-year Transport Corridors for Economic Resilience (TRACER) project, backed by a $270 million International Development Association (IDA) grant, aims to improve the efficiency, connectivity, and climate resilience of key regional transport and trade corridors in Eastern and Southern Africa. "TRACER is a significant commitment to regional trade and transportation. By focusing on strategic improvements and climate resilience, we hope this will pave the way for a more robust and sustainable economic future for Zambia and its neighbors," said Achim Fock, Country Manager for Zambia. “The transport and logistics sector are expected to experience a boost from targeted activities aimed at institutional and sectoral capacity building.” The project will benefit 2.5 millioPress ReleaseAfrica, AFRNzc1ZGRhYTFlMjE1YTk0YTgwNTU0YzJjOTY2NTIzY2RhNzQ2MTI5OA2http://www.worldbank.org/en/news/press-release/2023/12/22/world-bank-support-to-afe-zambia-to-help-restore-macroeconomic-stability-and-create-inclusive-growthZambiaThe World Bank Executive Board of Directors approved the second operation in a programmatic series aimed at helping Zambia restore macroeconomic stability and debt sustainability and promote private-sector-led growth. The $125 million International Development Association (IDA) grant for the Zambia Second Macroeconomic Stability, Growth and Competitiveness Development Policy Financing (DPF)country:Zambia,regions:AfricaEnglishAfricaWorld Bank support to Zambia to help restore macroeconomic stability and create inclusive growthP181011/content/wb-home/en/news/press-release/2023/12/22/world-bank-support-to-afe-zambia-to-help-restore-macroeconomic-stability-and-create-inclusive-growth2023-12-22T16:05:00ZAfricacq5ZambiaZMPress ReleasePress ReleaseAfrica, AFRZTc3MWQzNTQzMTZmMjU0MTkxMWM4ZjNlMzA2YjZkN2Q4OTJjODU4Mw2http://www.worldbank.org/pt/news/immersive-story/2023/08/01/in-southern-angola-a-race-to-manage-scarce-waterw-while-promoting-economic-growthSomalia,Kenya,Congo, Democratic Republic of,Malawi,Madagascar,Lesotho,Ethiopia,Angola,Tanzania,ZambiaAngola has been hit by record droughts in the last few years, increasing water scarcity. While the country tries to boost water access and diversity its economy, erratic weather is threatening water management practices across the country, particularly in southern provinces and coastal areas.regions:Africa,subject:agriculture and food security,subject:climate change adaptation,country:Somalia,country:Kenya,country:Congo, Democratic Republic of,country:Malawi,country:Madagascar,country:Lesotho,country:Ethiopia,country:Angola,country:Tanzania,country:ZambiaPortugueseAfricaNo sul de Angola, uma corrida para gerir a escassez de água e, ao mesmo tempo, promover o crescimento económicoAgriculture And Food Security,Climate Change Adaptation/content/wb-home/pt/news/immersive-story/2023/08/01/in-southern-angola-a-race-to-manage-scarce-waterw-while-promoting-economic-growth2023-08-17T10:46:00ZAfricacq5Somalia,Kenya,Congo, Democratic Republic of,Malawi,Madagascar,Lesotho,Ethiopia,Angola,Tanzania,ZambiaSO,KE,CD,MW,MG,LS,ET,AO,TZ,ZMImmersive StoryImmersive StoryAfrica, AFROTNiM2FkOTFiNzQ0ZmI0NTA5OGJjYjgyNWEyOTZhNGUwNTgzNjFlZQ2http://www.worldbank.org/en/news/statement/2023/06/22/world-bank-group-statement-on-official-creditors-committee-agreement-on-zambia-debtZambiaWASHINGTON, June 22, 2023—The World Bank Group today released the following statement: “The World Bank Group welcomes today’s agreement by the Official Creditors’ Committee under the G20 Common Framework on the key parameters of the debt relief for Zambia."People:world-bank-group-president,organization:World Bank Group,sites:world-bank-group,organization:World Bank,country:Zambia,subject:debt managementEnglishWorld Bank Group Statement on Official Creditors' Committee Agreement on Zambia Debt ReliefDebt ManagementWorld Bank Group,World Bank/content/wb-home/en/news/statement/2023/06/22/world-bank-group-statement-on-official-creditors-committee-agreement-on-zambia-debt2023-06-22T18:26:46Zcq5ZambiaZMStatementStatementOffice of the President, EXCZDI2ZjBiOWU5ODY0MDc1OWQ5ZmYyOTI2YjA5M2NiMmFjODBhZGM5Yg2http://www.worldbank.org/en/news/press-release/2023/05/17/achieving-afe-zambia-s-gender-parity-will-require-significant-acceleration-of-policiesZambiaTo achieve gender parity, Zambia requires additional work in implementing and scaling up evidence-based policies that guarantee gender equality across the intersecting dimensions of vulnerability facing women and girls in the country according to two World Bank reports that have been launched today.country:Zambia,regions:AfricaEnglishAfricaAchieving Zambia’s Gender Parity Will Require Significant Acceleration of Policies That Promote and Sustain Women’s Economic Empowerment/content/wb-home/en/news/press-release/2023/05/17/achieving-afe-zambia-s-gender-parity-will-require-significant-acceleration-of-policies2023-05-17T11:55:00ZAfricacq5ZambiaZMPress Release LUSAKA, May 17, 2023— To achieve gender parity, Zambia requires additional work in implementing and scaling up evidence-based policies that guarantee gender equality across the intersecting dimensions of vulnerability facing women and girls in the country according to two World Bank reports that have been launched today. The new Zambia Gender and Gender-Based Violence (GBV) Assessment reports show that while the Government of Zambia has put in place a policy and legal framework to guide the implementation of gender-responsive programming, persistent challenges remain. The challenges are noted in the lack of gender parity in the school completion rate, women’s participation in decision-making and formal employment, and in women’s high levels of poverty. These two reports bring together the latest evidence on gender gaps in human capital, economic opportunities, ownership and control of assets, and (women’s) voice and agency; and the effectiveness of concrete policy and programmatic intPress ReleaseAfrica, AFRYTY2M2ViMTFjNzNiMTUyYTQzYTI3YzIxMzZmYzQ1NTA3NmI3ZDU2Mw2http://www.worldbank.org/en/topic/jobsanddevelopment/publication/jobs-and-development-list-of-publicationsBangladesh,Tajikistan,Zambia,Cote d'Ivoire,Kazakhstan,KosovoThis page consists of a list of publications related to Jobs and Development, showcasing multiple countries.country:Bangladesh,regions:Europe and Central Asia,country:Tajikistan,country:Zambia,regions:South Asia,country:Cote-dIvoire,country:Kazakhstan,country:Kosovo,regions:AfricaEnglishEurope and Central Asia,South Asia,AfricaJobs and Development List of Publications/content/topic/jobsanddevelopment/en/publication/jobs-and-development-list-of-publications2023-02-02T14:30:00ZEurope and Central Asia,South Asia,Africacq5Bangladesh,Tajikistan,Zambia,Cote-dIvoire,Kazakhstan,KosovoBD,TJ,ZM,CI,KZ,XKPublicationPublicationJobs, JOBtopic|jobsanddevelopment