World Bank to invest $2.5 bn in education for girls

2016-04-14 06:24


Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Washington - US First Lady Michelle Obama on Wednesday delivered a strong call for more education for women worldwide as the World Bank announced a new $2.5bn initiative to foster schooling for girls.

"The evidence is quite compelling: When we invest in girls' education, when we embrace women in our workforce, that doesn't just benefit them, it benefits all of us," said Obama.

Obama, who last year launched her own Let Girls Learn education initiative, was speaking at the Bank's event to unveil its new funding for education projects for adolescent girls over the next five years.

The funding will go to facilities, scholarships and other needs mainly in sub-Saharan Africa and South Asia where a large percent of girls aged 12-17 do not go to school.

The $2.5bn commitment "is an expression of our belief in the power of education to transform the lives and prospects of millions of girls worldwide - as well as the prospects of their families, their communities and of course their countries", said Obama.

"Make no mistake about it, these girls are our girls. These girls are our responsibility."

World Bank President Jim Yong Kim said educating girls was a key part of the institution's anti-poverty mission.

About 62 million girls around the world, half of them adolescents, are not in school, he noted.

"Empowering and educating adolescent girls is one of the best ways to stop poverty from being passed from generation to generation, and can be transformational for entire societies," said Kim.

"It's the smart thing to do for economies," he said.

Read more on:    world bank  |  us

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

Inside News24


Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.