Tuesday, September 24, 2013

World Bank to Invest $700 Million in Health of Women and Children in Developing Countries

I thank May 2013 Texas Tech University School of Law graduate, Ibukun Adepoju, for bringing this story to my attention.  Originally from Lagos, Nigeria, Ms. Adepoju now lives in Lubbock, Texas.

According to a report appearing in News Afrique Informations, the World Bank Group has announced that it plans to invest at least $700 million by the end of 2015 to help developing countries reach the Millennium Development Goals (MDGs) for women and children's health. 

Financing will be provided by the bank's International Development Association (IDA) and Health Results Innovation Trust Fund.  The funds will be used to develop successful reproductive, maternal, and child health projects in developing countries. The announcement comes almost a year to the day after World Bank Group president, Jim Yong Kim, announced that the bank would provide funding to help scale pilot projects for women's and children's health as part the UN's Every Woman Every Child global partnership. 

Hats off to the World Bank Group for this initiative.



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