2. Outlin
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1. Introduction1
2. Mission and Vision (World Bank )
3. World Bank Focus Areas
4. Financial Products and Services
5 5. Projects and Programs
6 6. Financing Instruments
7 7. World Bank in Africa
8 8. World Bank in Nigeria-Recent World Bank Activities in
Nigeria
9 9. World Bank Strategies
10. Other Banks Strategies10
3. The World Bank is a vital source of financial and technical assistance to
developing countries around the world. We are not a bank in the ordinary
sense but a unique partnership to reduce poverty and support
development. The World Bank Group comprises five institutions managed
by their member countries (IFC,MIGA etc).
Established in 1944, the World Bank Group is headquartered in
Washington, D.C. We have more than 10,000 employees in more than 120
offices worldwide.
INTRODUCTION
4. The World Bank Group has set two goals for the
world to achieve by 2030:
End extreme poverty by
decreasing the percentage of
people living on less than
$1.90 a day to no more than
3%
Promote shared prosperity by
fostering the income growth of
the bottom 40% for every
country
MISSION AND VISIONS- WORLD BANK
6. -IFC(International Finance Corp)-is the largest global development institution focused exclusively on the private
sector in developing countries.
MIGA- Multilateral Investment Guarantee Agency-promote foreign direct investment (FDI) into developing
countries to help support economic growth, reduce poverty, and improve people's lives.
ICSID- International Centre For Settlement of International Disputes- is the world’s leading institution devoted to
international investment dispute settlement i.e. Forum for most international investors
IBRD- INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT-is the world’s largest development
bank, it provides loans, guarantees, risk management products, and advisory services to middle-income and
creditworthy low-income countries, as well as by coordinating responses to regional and global challenges.
-IDA-The International Development Association (IDA)- Overseen by 173 shareholder nations, it is one of the
largest sources of assistance for the world’s 75 poorest countries, 39 of which are in Africa, and is the single
largest source of donor funds in these countries.
-Created in 1944 to help Europe rebuild after World War II, IBRD joins with IDA, to form the World Bank.
-IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the
private sector in developing countries.
WORLD BANK PILLARS
7. World Bank provides zero to low-interest credits, and grants to developing countries. Some of the projects are
co-financed with governments, other multilateral institutions, commercial banks, export credit agencies, and
private sector investors.
It also provides or facilitates financing through trust fund partnerships with bilateral and multilateral donors.
Innovative Knowledge Sharing-WB offers support to developing countries through policy advice, research and
analysis, and technical assistance. We also sponsor, host, or participate in many conferences and forums on
issues of development, often in collaboration with partners.
FINANCIAL PRODUCTS AND SERVICES
8. FINANCING INSTRUMENTS
Investment Project Financing provides IBRD loan, IDA credit/grant and guarantee financing to governments for
activities that create the physical/social infrastructure necessary to reduce poverty and create sustainable
development.
Development Policy Financing provides IBRD loan, IDA credit/grant and guarantee budget support to governments
or a political subdivision for a program of policy and institutional actions to help achieve sustainable, shared growth
and poverty reduction.
Program-for-Results links disbursement of funds directly to the delivery of defined results, helping countries improve
the design and implementation of their own development programs and achieve lasting results by strengthening
institutions and building capacity.
Trust funds and grants allow scaling up of activities, notably in fragile and crisis-affected situations; enable the Bank
Group to provide support when our ability to lend is limited; provide immediate assistance in response to natural
disasters and other emergencies; and pilot innovations that are later mainstreamed into our operations.
Private sector options for financing, direct investment and guarantees are provided by MIGA and IFC.
Customized options and risk management
14. WORLD BANK STRATEGIES-THE NIGERIAN EXAMPLE
FIN. INCLUSION AGRICULTURE
HEALTH EDUCATION
CONFLICT INDUSTRIES
CLIMATE CHANGE
GENDER
INFRASTRUCTURE
15. RECENT WORLD BANK ACTIVITIES IN NIGERIA
Nigeria Youth Empowerment and Social Support AF
Better Education Service Delivery for All
Conflict Monitoring System in Nigeria
Additional Financing Nigeria State Health Investment Project-NSHIP
Multi-Sectorial Crisis Recovery Project
Additional Financing NG-Polio Eradication Support Project
Nigeria: AF- State Education Program Investment Project-SEPIP
Community and Social Development AF-2
Agro-Processing, Productivity Enhancement and Livelihood Improvement Support Project
Nigeria- Program to Support Saving One Million Lives
Nigeria Partnership for Education Project
16. COUNTRY PARTNERSHIP FRAMEWORK-is focused on the Bank’s twin goals of ending
extreme poverty and increasing shared prosperity in a sustainable manner.
SYSTEMATIC COUNTRY DIAGNOSTIC (SCD)- identifies the most important challenges
and opportunities a country faces in advancing towards the twin goals. This is derived from
a thorough analysis, and informed by consultations with a range of stakeholders.
Steps in Country Engagement:
Step 1: What are the biggest constraints to reducing poverty and increasing shared prosperity
in a sustainable way?
Step 2: What are the most important contributions the World Bank Group can make?
Step 3: Performance assessment i.e. how are we doing?
Step 4: What lessons did we learn?
WORLD BANK STRATEGY
17. STRATEGIES TOWARDS ACCESSING WORLD BANK FUNDS-COMMERCIAL BANKS
Identify World Bank Programs & Projects
Align our values to World Bank’s goals and
objectives
Identify key stakeholders (at world Bank,
FGN, State, & LG)
Send out quality Proposals
Keep close relationship ties
Position yourself as a leader
Use the Bank’s competitive advantage
