5 February 2016

Africa: World Bank Vice President for Africa to Visit Burkina Faso

press release

The World Bank's Vice President for the Africa Region, Mr. Makhtar Diop, will visit Burkina Faso on February 8-10, 2016.

The main objective of the visit is to inform the new authorities and the people of Burkina Faso about the World Bank's commitment to support the country's economic and social development agenda.

During his visit, Mr. Diop will meet with President Roch Marc Christian Kaboré, Prime Minister Paul Kaba Thiéba, and National Assembly President Salifou Diallo. The discussions will focus on the preparation of the next Country Partnership Framework, by which the World Bank Group will strengthen its partnership with Burkina Faso.

This is Mr. Diop's third visit to Burkina Faso since taking office in 2012 and the first visit of a high level official of an international development agency since the presidential elections in November 2015.

Burkina Faso became a member of the World Bank Group in 1963. The current World Bank portfolio in Burkina Faso is composed of 16 national projects representing a total commitment of US$1047.69 million and 8 regional projects representing a commitment of US$176.8 million.

About the World Bank Group

The World Bank Group is one of the world's largest sources of funding and knowledge for developing countries. It comprises five closely associated institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID). Each institution plays a distinct role in the organization's mission, which is to fight poverty and improve living standards for people in the developing world.

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