The President of the Republic, Denis Sassou N’Guesso, received in audience on May 21 in Brazzaville the Vice President of the World Bank (WB) for West and Central Africa, Ousmane Diagana.
“We have a partnership that has evolved over time. We began working with Congo in 1967, and at the time, the first operation was only $30 million. Today, we have more than $2 billion committed to Congo. But this was an opportunity to highlight how we are supporting the implementation of Congo’s 2022-2026 National Development Plan, which is being finalized in 2026. We have significantly increased our programs in the energy, education, and agriculture sectors,” Ousmane Diagana explained after his meeting with the president.
During the interview, an overview of the situation of the portfolio of the said financial institution in Congo and the challenges of public-private dialogue in sectors with high potential for growth and economic development in Congo was also made.
Present at this meeting, Ethiopis Tafara took the opportunity to discuss the International Finance Corporation’s strategy to address global financing gaps. ” The audience with the Congolese president was, above all, an opportunity for me to discuss the strategy we are developing at the International Finance Corporation to address the global financing gaps for development by mobilizing private investors and private capital. It is primarily a strategy focused on job creation,” he said.
Before being received by Denis Sassou N’Guesso, the World Bank Vice President for West and Central Africa attended the inauguration of the institution’s new headquarters in Congo. This building is undoubtedly a major achievement of cooperation between the World Bank Group and the Republic of Congo.
