Ajay Banga's focus on employment

Ajay Banga, who became the head of the institution in June 2023, has made employment a central priority. His plans aim to address the growing labor market needs, with 1.2 billion people expected to enter the workforce globally over the next 10 to 15 years, particularly in sub-Saharan Africa.

Job creation goals and strategy

The institution's strategy focuses on four main objectives: improving connectivity, making devices and data more affordable, expanding online services, and preparing countries for artificial intelligence. This includes financial support and advisory services for countries seeking assistance in attracting private investors.

Digital technologies and job potential

According to Mr. Banga, digital technologies can help countries create jobs, but achieving this potential requires a comprehensive approach. The institution’s strategy aims to address the various components needed to realize these goals effectively.

Internet access disparities

The World Bank reports that in 2025, only 23% of residents in low-income countries used the internet, compared to over 94% in advanced economies. This significant gap highlights the challenges in internet access, despite the existence of mobile networks in many regions.

Barriers to internet access

In 2025, approximately two billion people worldwide still lacked internet access, mainly due to the high cost of smartphones and the lack of online services that meet their needs. This situation underscores the ongoing challenges in bridging the digital divide.