
Dr. Souleymane Diarrassouba, Côte d'Ivoire's Minister of Planning and Development and World Bank Governor for the country, participated in the World Bank Group Africa II Bureau meeting in Washington on April 14, 2026. The meeting, held during the World Bank's Spring Meetings, addressed the continent's structural vulnerabilities to global shocks like Covid-19, the war in Ukraine, and Middle East tensions, and their impact on budgetary space, food security, and employment in Africa. Côte d'Ivoire was highlighted for its innovative debt-to-education investment conversion operation of 230 million euros, alongside Angola, with participants advocating for the expansion of such mechanisms across Africa. Minister Diarrassouba outlined Côte d'Ivoire's position, calling for better alignment between World Bank priorities and national realities, and for disbursements to be calibrated to each state's absorption and execution capacities. He also advocated for new instruments to protect African budgetary space against external shocks and emphasized the crucial role of manufacturing and the private sector in creating quality jobs for African youth. The next African Caucus meeting is scheduled for July 6-8, 2026, in Gambia, ahead of the 2026 Annual Meetings in Thailand.
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This summary was AI-generated from a story originally published by Abidjan.net.