By: Kanto
Kai Okanta
South African President
Cyril Ramaphosa has held high-level discussions with World Bank Group President
Ajay Banga aimed at strengthening cooperation and shaping a new development
partnership framework for the country.
The meeting took place at
the Mahlamba Ndlopfu official residence in Pretoria and focused on expanding
collaboration under the forthcoming Country Partnership Framework covering the
period 2027 to 2032.
According to the South
African government, discussions centered on advancing shared priorities
including modern and inclusive infrastructure development, human capital
development, and the growth of a more dynamic private sector.
South Africa and the World
Bank Group maintain a long-standing strategic relationship built on decades of
cooperation in support of economic growth and development.
The discussions reflected
alignment between South Africa’s economic strategy and the World Bank Group’s
emphasis on job-rich growth, with key focus areas including macroeconomic
stability, structural reforms, improved state capability, and increased infrastructure
investment.
President Ramaphosa was joined
at the meeting by Finance Minister Enoch Godongwana and other senior government
officials.
