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Remarks by World Bank Group President Ajay Banga at Laying the Groundwork for Jobs in Africa: Core Infrastructure & Business Environments Conference

· Ajay Banga, President of the World Bank Group (International)

Summary written by Dark Majestic in its own words · topics: development and emerging economies, growth, investment and productivity, labour markets and jobs

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· Ajay Banga Wiki · World Bank Group WikiRemarks by World Bank Group President Ajay Banga at Laying the Groundwork for Jobs in Africa: Core Infrastructure & Business Environments Conference

ContextRemarks by World Bank Group President Ajay Banga at Laying the Groundwork for Jobs in Africa: Core Infrastructure & Business Environments Conference.

Why it mattersThe World Bank President puts jobs for young Africans at the centre of development and links them to migration and fragility.

Problems raised
  1. Millions of young Africans need jobs.
  2. Without work, migration and fragility pressures will grow.
  3. Business environments hold back private investment.
Solutions proposed
  1. Build core infrastructure.
  2. Help the private sector scale with guarantees and equity.
  3. Pursue steady, well-sequenced regulatory reforms.
Read full speech on worldbank.org ↗

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