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September 25, 2026 Lasting recovery does not come from aid — it comes from jobs. And jobs come from private capital, mobilized strategically, paired with the right institutions, and directed where markets are ready to grow. From northern Mozambique to Sierra Leone's coastline, that model is working — and ahead of World Tourism Day this Sunday, the evidence is clear. This week: how effective public institutions create the conditions for private investment to flow, how Uganda is financing a clean transport transition driven by private operators, and what the World Development Report 2026 says AI means for economies that need growth now. Plus: The World Bank Group Annual Meetings 2026 are coming to Bangkok, Thailand, October 12-18. Stay tuned for more details.
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In Cabo Delgado, matching grants paired with technical assistance have helped over 7,700 micro, small, and medium enterprises upgrade operations and expand. By helping local suppliers meet international standards and secure commercial contracts with major buyers, the project demonstrates how private enterprise builds lasting recovery in fragile regions. At our upcoming Annual Meetings flagship event in Bangkok to learn how to bring this model to more fragile economies. |
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EDITOR'S PICKS |
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Sierra Leone is turning sustainable tourism into an engine for jobs and private investment. Upgraded ecotourism sites, a rebranded destination, and training for local entrepreneurs have attracted over $92 million in private investment and create nearly 50,000 jobs. This Sunday, World Tourism Day, is a moment to recognize what strategic public investment in tourism can unlock.
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Private capital flows where markets are transparent, fair, and well-regulated. A new report on institutions and prosperity shows that effective procurement systems and independent regulators are among the strongest predictors of private sector growth. The report offers policymakers a practical framework to diagnose exactly where institutional capacity is falling short.
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With more than 400,000 motorcycles in Greater Kampala alone, Uganda's electric mobility transition is one of the largest in Africa. Private operators have built a 350-station battery-swapping network — and riders who switch save around $255 a year. Affordable credit and smart charging will determine whether this transition reaches every rider.
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AI has spread to lower-income countries 40 times faster than the internet did. The World Development Report 2026 argues developing economies should not wait to act on that window — using AI to extend scarce expertise, boost productivity, and improve public services. The gap to close: advanced economies are projected to capture double the productivity gains, largely because they adopt AI faster.
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DATA FOR DEVELOPMENT |
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IN THE NEWS |
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MARK YOUR CALENDAR |
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September 30, 2026 | 10:00 EDT | Virtual |
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Accredited journalists may obtain advance access to reports and information by registering with the Bank’s Online Media Briefing Center, a password-protected site for working journalists. Material in this newsletter is copyrighted. Requests to produce it, in whole or in part, should be addressed to pubrights@worldbank.org. For more information visit our website: worldbank.org. |
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