Wednesday, October 14, 2026
  • About
  • Advertise
  • Careers
  • Contact
NewsTrendsKE
  • Business
    • Deals
  • OpEds
  • Sustainability
  • Women in Business
  • Lifestyle
  • Featured
  • Technology
    • Phones
  • Sports
  • World
  • Contact Us
No Result
View All Result
NewsTrendsKE
No Result
View All Result

Home » APO News » Burkina Faso: New World Bank Financing to Expand Economic Opportunities and Strengthen Social Protection Systems

Burkina Faso: New World Bank Financing to Expand Economic Opportunities and Strengthen Social Protection Systems

Queen Amber by Queen Amber
3 months ago
in APO News
Reading Time: 2 mins read
A A
NewsTrendsKE with APO News Updates
Share on FacebookShare on TwitterShare on WhatsApp

Download logo
The World Bank approved today a new project in Burkina Faso to expand economic opportunities for vulnerable populations, foster social cohesion, and strengthen the country’s social protection system. This marks a renewed partnership between the World Bank Group and the Government of Burkina Faso in the social protection sector. The project will be implemented over five years and financed through an International Development Association (IDA) credit of $100 million and a $20 million grant from the Sahel Adaptive Social Protection Program.
The new operation builds on the strong results of the Burkina Naong Sa Ya (“Ending Poverty”) Social Safety Nets Project, implemented from 2014 to 2024, which reached more than one million beneficiaries with social assistance and helped establish a national social registry of vulnerable households, providing a critical platform for the expansion and targeting of social protection programs across the country.
The Burkina Faso Economic Opportunities for Resilience Project will support the implementation of the National Social Protection Strategy (2024-2028) and a new national flagship social assistance program: the Economic Empowerment Support Program for Poor and Vulnerable Households. Targeting 120,000 beneficiaries, the operation will expand access to economic opportunities for vulnerable households, including internally displaced persons and returnees; promote investments in skills development, food security, nutrition, and health—the building blocks for productive and better jobs; strengthen women’s economic empowerment; and enhance households’ resilience to climate-related and other shocks.
The project will also focus on making the national social protection system more adaptive, effective, and better coordinated by enhancing programs, information and data, and institutional capacity to maximize the outcomes of interventions. It will support the expanded coverage and use of the social registry; promote its integration with other key databases—including those for internally displaced persons and health insurance—to ensure accurate, efficient, and inclusive identification of beneficiaries.
“The project illustrates our continued commitment to support the government’s effort to achieve more harmonized approach to social protection. Also, it fully aligns with our new country partnership framework for Burkina Faso, which aims to promote sustained development, with a strong focus on creating more and better jobs,” said Hamoud Abdel Wedoud Kamil, World Bank Country Manager for Burkina Faso.
“The package of interventions are both productive and protective. They will help people access food, education, and health services to protect and build human capital, and also access productive assets and financial services, all of which can transform people’s lives in the medium and long terms,” added Trina Haque, World Bank Regional Practice Director for Western and Central Africa.
Distributed by APO Group on behalf of The World Bank Group.

Also Read

KFC Kenya

KFC to Launch Kentucky Town in Kenya with Mandazi Burger, Fashion and Pop-Up Events

13 October 2026
Octagon

Octagon Africa Expands to Mombasa to Tap Coast’s Growing Financial Services Market

13 October 2026
Load More
Previous Post

Why Safaricom’s Data Privacy Awareness Drive Matters to Every Kenyan

Next Post

Common Security and Defence Policy (CSDP) Service Medal Awarded to Djiboutian Maritime Authorities

Related Posts

KFC Kenya
Deal

KFC to Launch Kentucky Town in Kenya with Mandazi Burger, Fashion and Pop-Up Events

13 October 2026
Octagon
Investments

Octagon Africa Expands to Mombasa to Tap Coast’s Growing Financial Services Market

13 October 2026
Investments

Kenya Named World’s Fastest-Growing Digital Advertising Market as Revenue Set to Hit $603 Million by 2030

13 October 2026
Safaricom Launches SD-WAN Service for Multi-Branch Businesses from KES 9,500 a Month
Technology

Safaricom Launches SD-WAN Service for Multi-Branch Businesses from KES 9,500 a Month

12 October 2026
KFC Kenya

KFC to Launch Kentucky Town in Kenya with Mandazi Burger, Fashion and Pop-Up Events

13 October 2026
Octagon

Octagon Africa Expands to Mombasa to Tap Coast’s Growing Financial Services Market

13 October 2026

Kenya Named World’s Fastest-Growing Digital Advertising Market as Revenue Set to Hit $603 Million by 2030

13 October 2026
Mbilia Belle

Congo Hosts World Music and Tourism Festival as Rumba Stars Descend on Kinshasa

8 October 2026
New HELLO MR RIGHT female Host Trisha Khalid and Male Host Dr. Ofweneke at the Season 5 Launch

Trisha Khalid Joins Dr Ofweneke as Hello Mr Right Kenya Returns for Season 5

7 October 2026
From left: Alvin Muchai, Development Project Manager at HassConsult; Farhana Hassanali, Co-CEO and Development Director at HassConsult; Sakina Hassanali, Co-CEO and Creative Director at HassConsult; and Arvind Raghwani and Ramesh Raghwani, Directors at Laxmanbhai, during the Enaki Forestside groundbreaking ceremony in Enaki Town, Nairobi.

Social Connection Emerges as a New Residential Value Driver in Kenya, as Property Developer HassConsult Expands Enaki Model 

26 August 2026
NewsTrendsKE

NewsTrendsKE

A News Blog For Readers Who Want More

Follow us on social media:

  • About
  • Advertise
  • Careers
  • Contact

©2026 NewsTrendsKE.

No Result
View All Result
  • Business
    • Deals
  • OpEds
  • Sustainability
  • Women in Business
  • Lifestyle
  • Featured
  • Technology
    • Phones
  • Sports
  • World
  • Contact Us

©2026 NewsTrendsKE.