| To help Bank staff better understand what foundations do, our site includes news and events taking place in the international foundation community. We would appreciate receiving information on grants and activities related to developing countries, foundation meetings, conferences, publications, workshops, training opportunities, etc.
Renewal of Joint Japan-World Bank Scholarship Program
Bank President Robert Zoellick said that the Bank plans to renew a scholarship program partnership to enable 32 scholars from developing countries to obtain Masters’ degrees in Public Administration in International Development from the John F. Kennedy School of Government at Harvard University. Under the agreement, the Bank is to earmark US$5 million from the Joint Japan-World Bank Graduate Scholarship Program to finance scholarships at the Kennedy School over five academic years, from 2008-2013, for the students , all of whom are selected for admission through a competitive process. The World Bank Institute (WBI) launched its collaboration with Harvard Kennedy School in 1987. Since then, over 200 students from developing countries have received scholarships for Masters’ or PhD degrees in public policy and administration at the School. Read more...
Branchless Banking goes Rural in Kenya
The Central Bank of Kenya has realized that operating through full-fledged bank branches, which are subject to detailed regulatory requirements, is a very expensive proposition. If the huge gap of banking services in remote and rural areas is ever to be closed, alternative delivery models will be required. Branchless banking models such as mobile phone banking and the use of retail agents will be low-cost alternatives allowing for increased rural penetration. The Central Bank of Kenya has now pledged to institute necessary regulatory changes allowing banks to offer financial services outside bank branches. Join the conversation…
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