IDA20: Africa on economy transformation amid Covid-19 crisis

Cote d’Ivoire and the World Bank Group will be hosting African leaders for the IDA 20 meeting that will take place at Sofitel Hotel Ivoire in Abidjan on July 15, 2021.

ABOUT THE IDA MEETING

This is to recognize the importance of the 20th replenishment of the International Development Association (IDA20) and to show maximum support for its success. 

The African leaders from 21 countries: Uganda, Ghana, Angola, Ethiopia, Kenya, Nigeria, Rwanda, Liberia, Benin, Mauritania, Burkina Faso, Madagascar, Cameroon, Democratic Republic of Congo, Tanzania, Guinea, Mozambique, Togo, Senegal, Niger and Sudan including the development partners World Bank Group Officials, and the Heads of Regional Institutions will be joining hands to boost the African economy.

International collaboration and financial support is essential in supporting the continent to effectively curb the Covid-19 challenges affecting economic growth not just in Africa alone but globally. The support from World Bank, particularly the IDA will go a long way in reviving the economy.

So far, Africa is the top beneficiary of IDA with about 39 countries. Africa’s partnership with World Bank for the past six decades has made significant headway in improving development indicators.

Following the African economies financing Summit in Paris last May, African leaders have brought focus on how much support the continent needs to improve the state of the economy as a whole.

Critical discussions will help analyze and bring to the open the key priorities requiring long-term and immediate financing in Africa for sustainable growth as well as revisiting and reinventing policies.

By Elijah Christopher

Elijah Christopher

Elijah Christopher is a journalist at A New Touch Of Africa, is also a creative writer, a poet, and an IT enthusiast. He contributed to the collaborative poem written in celebration of Edwin Morgan Centenary, the first Glasgow poet laureate and Scottish national poet from the University of Glasgow. He loves meeting people and learning about new places, cultures, events, and lifestyles.

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