World Bank

Building Africa’s Knowledge Economy

Development economists often differ with one another, but they agree on this: the knowledge economy will be the foundation of every nation’s progress in the twenty-first century. Yet while East Asia and other regions have been making substantial gains in building a…

A growing emphasis on the knowledge economy has led the bank to recognise the urgent need for a better-funded African higher education sector that is both able to produce the research and the workforce needed for tomorrow’s knowledge-driven economy.

World Bank shifts thinking on African university funding