Equatorial Guinea calls for greater cooperation with World Bank
By the AFREEQUE newsroom, based on Realequatorialguinea
Equatorial Guinea asked the World Bank for more concrete cooperation to address employment and African development challenges. At the meeting in Washington, Ajay Banga defended $119 billion in financing and several continental programmes, according to Realequatorialguinea.
Equatorial Guinea called for more concrete cooperation from the World Bank during the African Caucus, held on Wednesday 14 October in Washington as part of the annual meetings of the International Monetary Fund and the World Bank. The request was made by Deputy Minister of Finance, Budget and National Planning Milagrosa Obono Angüe Nchama, who is also Equatorial Guinea’s governor at the World Bank, according to Realequatorialguinea.
In a meeting with World Bank President Ajay Banga, African governors called for urgent solutions to the youth employment crisis. Projections presented at the meeting concerned 800 million young people, amid significant pressure on African labour markets, Realequatorialguinea reports.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
