World association

African leaders unite to support ambitious replenishment of the International Development Association


His Excellency President Alassane Ouattara of Côte d’Ivoire and the World Bank Group will organize a high-level meeting on July 15, 2021 with African leaders to highlight the importance of an ambitious and robust 20th replenishment of the International Association development (IDA20). The replenishment will support a resilient recovery from the COVID-19 crisis and help the continent continue its economic transformation.

As African countries grapple with the devastating effects of the COVID-19 pandemic, continued support from the World Bank, especially IDA, is essential to help them meet their financing needs, which were already high before the pandemic.

This high-level meeting follows the call of African leaders at the Summit on the financing of African economies in Paris last May, calling for increased support to rebuild better and more sharply from the crisis. The discussions will identify key priorities for financing in Africa and advocate for a strong policy and financing package for an ambitious IDA20 replenishment. Africa is the largest recipient of IDA with 39 countries and has made significant progress in improving development indicators during the six decades of partnership with the World Bank.

WHO:

  • African heads of state are expected from the following countries: Angola, Benin, Burkina Faso, Cameroon, Democratic Republic of Congo, Ethiopia, Ghana, Guinea, Kenya, Liberia, Mauritania, Madagascar, Mozambique, Niger, Nigeria, Rwanda, Senegal, Sudan, Tanzania, Togo and Uganda;
  • Heads of regional institutions and development partners
  • World Bank Group officials.

O: Sofitel Ivoire Hotel, Abidjan, Ivory Coast

WHEN: Thursday, July 15, 2021 from 10:00 a.m. to 1:00 p.m. GMT

/ Public distribution. This material is from the original organization and may be ad hoc in nature, edited for clarity, style and length. See it in full here.


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