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Ethiopia Hosts World Bank Leaders to Chart a Course for Growth and Development

Jul 29 , 2023

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World Bank President Ajay Banga will be in Ethiopia this week with a particular focus on creating job opportunities for women and youth. He plans to visit textile and shoe manufacturing companies and malt producers which source their input from the local farmers while meeting with small-scale business owner women. During the two-day visit, he will meet with Prime Minister Abiy Ahmed, Minister of Finance Ahmed Shide and the Governor of the National Bank of Ethiopia Mamo Mihretu. He will also discuss the partnership between the World Bank and African Union with the African Union Commission Chairperson Moussa Faki Mahamat. Ajay is joined by Victoria Kwakwa, the vice president for Eastern & Southern Africa and Mohamed Gouled, the vice president for industries at International Finance Corporation which will be followed by a visit to Nigeria, Peru, Jamaica and India. The global tour is heralded as a step towards a new direction for the 78-year-old institution.

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