Financing approved by the World Bank for the African Centres of Excellence project so far stands at $587 million

Economic governance
Wednesday, 27 November 2019 15:30
Financing approved by the World Bank for the African Centres of Excellence project so far stands at $587 million

(Togo First) - Adding up the recent facility of $131 million approved by the World Bank, the institution has disbursed so far $587 million for African Centres of Excellence.

According to Deborah Wetzel, World Bank’s Chief for Regional Integration in Africa, Middle East and North Africa, "the African Centres of Excellence are a major programme that helps African universities offer quality training and regional specializations which meet the needs of the employment market." This is in a context where "high-level skills are key to boosting productivity, fostering economic growth and creating jobs across the continent."

Under this programme, more than 70 centres of excellence have been established by 47 universities, across 20 countries.

Recently, it was announced that the University of Lomé would receive $12 million to build a regional centre dedicated to sustainable cities and another to power.

Séna Akoda

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