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THE STANDARD OPINION Senegalese Economist Makhtar Diop [Courtesy] This week, the World Bank Group named longtime vice president Makhtar Diop as head of the International Finance Corp. (IFC), making him the first African to lead the division. IFC forms part of the World Bank Group and deals with financing for the private sector in developing countries, loans and direct investment, as well as advice. Born and raised in Senegal, Diop has had an impressive career in global finance. Before, Diop served as the Minister of Economy and Finance in Senegal, the World Bank Country Director for Brazil, K...

How could COVID-19 hinder progress with Learning Poverty? Some initial simulations Even before COVID-19 forced a massive closure of schools around the globe, the world was in the middle of a learning crisis that threatened efforts to build human capital—the skills and know-how needed for the jobs of the future. More than half (53 percent) of 10-year-old children in low- and middle-income countries either had failed to learn to read with comprehension or were out of school entirely. This is what we at the World Bank call learning poverty. Recent improvements in Learning Poverty have been ex...

Urgent, Effective Action Required to Quell the Impact of COVID-19 on Education Worldwide Format Sutil, who lives in a remote village in West Kalimantan, Indonesia (the world’s 4th most populous country), has found educating his child during COVID-19 to be a monumental challenge. As a farmer with a lack of electricity and no access to the internet or television, Sutil has found it difficult to help his child with his lessons. Once a week, teachers come to the children’s homes so they can help the children with their learning, however, in many cases, they have difficulties finding the child...

In a bid to change the future for hundreds of millions of children impacted by the global learning deficit, the Commonwealth Education Trust (CET) and its partners are today inviting millions of teachers and education leaders around the world to use their new approach to invest in teachers. The charity is today offering global access to its new digital professional teacher training programme, Teach2030.

Translate Home » More... » Education » 30m Nigerians affected as COVID-19 raises Learning Poverty to 63%, others ― World Bank 30m Nigerians affected as COVID-19 raises Learning Poverty to 63%, others ― World Bank On By Adesina Wahab The outbreak of COVID-19 pandemic has further exposed the weaknesses of education systems around the world and might have increased Learning Poverty rate by 10 points, from 53 per cent to 63 per cent in low and middle-income countries like Nigeria, a recent report by the World Bank has said. The report was titled “Realising the future...