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This lecture covers the evolution of the World Bank, from its creation in 1945 as the International Bank for Reconstruction and Development to its current role in supporting developing countries. It explores the main idea behind the World Bank's interventions and the various paradigms it has gone through. The lecture also delves into the restructuring of informal settlements in African cities, emphasizing the importance of good governance, productive investments, and the political dimensions of urban issues. It discusses the distinct periods in urban development approaches, from sectoral approaches in the 1970s to sustainable development and good governance in the 1990s. The instructor also addresses the Millennium Development Goals, highlighting the objectives, targets, and indicators for poverty alleviation at different scales.