World Bank Vice President for The African Region expected in Zambia

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World Bank Vice President for The African Region, Makhtar Diop
World Bank Vice President for The African Region, Makhtar Diop
World Bank Vice President for The African Region, Makhtar Diop is today scheduled to arrive in Zambia for consultative meetings with government and other stakeholders on the country’s development priorities and current and future World Bank support.

During the visit, Mr. Diop is scheduled to meet President Edgar Chagwa Lungu to re-affirm the World Bank’s continued support to Zambia. He will also use the opportunity to share some good news about the significant increased support that Zambia will receive over the next three years.

The World Bank Vice President will also hold consultative meetings with the Minister of Finance Felix Mutati and the Minister of National Development Planning, Lucky Mulusa not only to discuss how the Global Bank currently delivers on the country’s development needs but to also explore ways in which the absorption of the nearly US$ 1.1 billion portfolio covering 19 projects around Zambia could be accelerated.

The three day tour of duty will also lead Mr. Diop to Eastern Province to learn about Zambia’s experience in building resilient rural livelihoods aimed at mitigating the effects of climate change through sustainable land management practices.

Mr. Diop’s visit comes at a time that Zambia is implementing the Zambia-Plus Economic Stabilisation and Growth Program and therefore provides an opportunity to reaffirm the commitment to of the two partners in reducing poverty in Zambia and investing in inclusive economic growth.

Mr. Diop and Mr. Mutati recently met on the sidelines of the IMF/World Bank Spring Meetings in Washington DC. During the meeting, Mr. Diop said the World Bank will give Zambia budget support and also facilitate the promotion of programmes that are targeted at the growth of agriculture focused Small and Medium Enterprises.

Mr. Diop has served as the World Bank’s Vice President for Africa since May 2012. Under his leadership, the World Bank committed US$9.4 billion to Sub-Saharan Africa in 2016 to help tackle development challenges such as increasing food security and agricultural productivity; improving access to affordable, reliable, and sustainable energy, creating economic opportunities for Africa’s youth.

Prior to his appointment as Vice President of Africa Region, Mr. Diop served as World Bank Country Director for Brazil. He also served as Country Director for Kenya, Eritrea, and Somalia. Other positions he has held include; Director of Strategy and Operations, and Sector Director for Finance, Private Sector and Infrastructure, both in the Latin America and the Caribbean Region. Before joining the World Bank, Mr. Diop worked at the International Monetary Fund, focusing on the Central African Republic. He also served as Minister of Economy and Finance for Senegal.

16 COMMENTS

    • +5
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      Its now evident that Zambia is now a patient in ICU being examined (IMF,WORLD BANK etc)

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      Country Director for Kenya, Eritrea, and Somalia. Director of Strategy and Operations, and Sector Director for Finance, Private Sector and Infrastructure, both in the Latin America and the Caribbean Region. Worked at the International Monetary Fund, focusing on the Central African Republic. He also served as Minister of Economy and Finance for Senegal.
      What a CV?
      Now, look at the countries where he has been. Look at Senegal. Now he is in charge of IMF over Zambia?

    • vote

      This Sene-sene should understand that Zambia is at near war, Zambia is divided. If the WB and IMF finance Lungu’s war against Tongas and Lozis, the blood of many people will be on their hands too. Just ask Lungu about how Mapenzi and Choongwa were killed in cold blood by his militia.

  1. +4
    -4
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    Why is that Diop, Dambisa Moyo, Clive Chirwa, and many Africans who have the knowledge to develop Africa are working for Europeans? You call a project a World Bank project, but the people working there are Africans. Why can’t they get together and form a Bank of Africa?

  2. +2
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    We do not need to know these unproductive visits, Zambians are pre occupied with political tension in our country.

  3. +3
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    Here is a job for “national guidance”! On second thoughts Godfrida should just be a minister for marriage guidance.

  4. +2
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    Too many IMF & WB visits that signal that the PF economy is not healthy.if you keep seeing a physician its a sign you’re quite unwell.

  5. 0
    -1
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    @1.2 Engineer, you mean donkeys have taken to engineering too?

    Are you not one of those who were celebrating and spread a rumour that IMF/ World Bank had withdrawn their deal with Zambia because of governance, specifically arrest of HH? Now you are swallowing ALL your vomit……kikikikiki…..donkeys. What cursed this tribal grouping kanshi mwe bantu?

  6. +1
    -1
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    With HH in Jail no more IMF and World Bank money. Gross Human Rights Violations will not be rewarded with such loans otherwise that money will be used to keep HH at Mukobeko Prison. In stead of IMF Money the Lungu Regime deserves Economic,Financial and Travel Sanctions and indictment to ICC for committing crimes against humanity.

  7. +1
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    Our Ministers after office end up before courts of law none go on to make something of themselves, the likes of…you know yourself

  8. vote

    After getting loans tomorrow it will be no pf has made some road which toad has been by government money plz don’t cheat pipe ***** government .Look now power increased soya beans and maize u ‘re buying @ low price then how do u expect people to be happy with u .And moreover this country is lead by a dictator but one day kaya unless he knows himself that he will die b4 that

  9. +1
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    Kapeso, uyu lungu aka kusha he is going to ran away amenso yabantu te yakukonkela.
    mind you lungu will have immunity which might take time to lift for you once this man goes awe iwe you will hunted like an animal.May God help you for them to have mercy on you.

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