World Bank Vice President for Africa to visit Republic of Congo for development talks

World BankBRAZZAVILLE, Republic of the Congo, – African Press Organization (APO) – The World Bank Vice President for the Africa Region, Mr. MakhtarDiop, will arrive in Brazzaville on Monday, May 20, for a two day working visit. He will meet with the Congolese President, Denis SassouNguesso, senior government officials,civil society groups, and the media during his visit.

Mr. Diopwill discuss the development challenges facing the Republic of Congo and see first-hand how the World Bank can step up its development assistance to better help poor and vulnerable families in the country escape poverty and pursue lives with better health, education, and more opportunity.

Congo’s economic growth rate is one of the strongest in Africa, yet poverty reduction has been slow over the last five years. Many Congolese live in poverty, and unemployment and inequality remain significantly high. The Bank is working with the Republic of Congo on how to use its large oil revenues to stimulate broad-based non-oil growth that would generate employment and reduce poverty.

Since 1963, the World Bank has been one of the Republic of Congo’s leading development partners.



The World Bank


© 2013, Newstime Africa. All rights reserved. – The views expressed here are purely those of the author and not necessarily those of the publishers. – Newstime Africa content cannot be reproduced in any form – electronic or print – without prior consent of the Publishers. Copyright infringement will be pursued and perpetrators prosecuted.

27,146 total views, no views today

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.