Banga’s Global Tour Continues with Visit to Ethiopia

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Banga’s Global Tour Continues with Visit to Ethiopia

Bahir Dar, July 28, 2023 (AMECO) World Bank president Aiay Banga will begin a two-day visit to Ethiopia on July 31, 2023.

According to the World Bank, identifying opportunities to create jobs for young people and women will be a focus of the trip.

Banga will visit textile and shoe manufacturing facilities, malt production operations with ties to local farmers, and meet with women small business owners. Banga will convene meetings with CEOs and business leaders as part of a broader effort to increase private sector investment.

During his time in Addis Ababa, Banga will meet government officials, including Prime Minister Abiy Ahmed. Minister of Finance Ahmed Shide, and Mamo Mihretu, Governor of the National Bank of Ethiopia. He will also meet with Moussa Faki Mahamat, the African Union Commission Chairperson, to discuss ways to strengthen partnerships and collaborations between the World Bank and the African Union. Victoria Kwakwa, World Bank Vice President for Eastern and Southern Africa, and Mohamed Gouled, International Finance Corporation Vice President for Industries, will accompany Banga on the trip.

This is the next step of a global tour that is at the center of a mission to write a new playbook for the 78-year-old institution.

From Ethiopia, Banga will travel to Nigeria. The African visits follow earlier tour stops in Peru, Jamaica and India.

Source: www.worldbank.org

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