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African Leaders unveiled a bold transformation agenda at the Heads of State Summit in Nairobi. They rallied around an ambitious vision, aiming to improve lives and create opportunities, with the World Bank’s IDA as a cornerstone for success. The summit also witnessed the launch of a coalition uniting civil society, foundations, the private sector, and young people to champion a robust replenishment of IDA's resources.
WHAT IS IDA?
The International Development Association (IDA) is the part of the World Bank that invests in the future of people and planet, with projects across 75 countries. Established in 1960, IDA aims to reduce poverty by providing grants and zero- to low-interest loans for programs that boost economic growth, reduce inequalities, and improve people’s living conditions.