Africa-Press – Angola. Angola’s minister of Finance Vera Daves de Sousa on Monday in Washington, United States of America (USA), highlighted the need to create more instruments to facilitate access to credit for micro, small and large enterprises on the African continent.
She said this move should be extended to business expansion and increased competitiveness of companies and was proposed by the minister during an African Union Forum on Job Creation and Digital and Financial Inclusion, part of the Spring Meetings of the World Bank (WB) and the International Monetary Fund (IMF).
She emphasized that Africa needs to create thousands of jobs per year, and this goal will only be achieved with robust companies and easy access to credit.
Vera Daves pointed to the promotion of youth and women’s employment as one of the strategies for the continent’s development and the strengthening of the private sector.
On Monday, in addition to participating in the Forum, the Angolan delegation to the event met with the Executive Director of the World Bank Group, Ms Zainab S. Ahmed (Nigerian citizen), held a meeting Vice President of Operations at the Multilateral Investment Guarantee Agency (MIGA), Junaid Kamal Ahmad (Bangladeshi national) and participated in the G24 Representatives Meeting.
They also participated in a Focal Points Forum on the Human Capital Project, and in bilateral meetings with the Fiscal Affairs Department of the International Monetary Fund and with the Executive Director of this multilateral organization, Adriano Ubisse (from Mozambique).
Currently, the Angolan delegation is meeting with the World Bank’s Regional Vice-President for Eastern and Southern Africa, Ndiame Diop (Senegalese), to analyze the strengthening of cooperation and the level of implementation of the project portfolio in the country.
Still for Tuesday, the agenda includes the second day of the Spring Meetings, a bilateral meeting with the CEO of Standard Chartered, Dalu Ajene (Nigerian), with whom they will discuss areas of mutual economic interest and the continued strengthening of our relationship.
Another highlight of today’s agenda concerns the meeting with the Director of Development Cooperation and Institutional Relations of Cassa Depositi e Prestiti (CDP), Italy’s development finance institution, Carlo Rossoto, within the framework of the Mattei Plan for Africa, with the purpose of exploring concrete financing opportunities to support national financing priorities.
The Spring Meetings of the World Bank (WB) and the International Monetary Fund (IMF) began on Monday (18) and scheduled to end on Saturday (18).
The event, also known as the Bretton Woods Institutions Meetings, represents a privileged platform for discussion on the presentation of economic policies and analyses related to global economic prospects, poverty eradication, and economic development, with the participation of central bank officials, finance and development ministers, parliamentarians, private sector executives, civil society representatives, and academics.
This year’s edition runs under the motto “Building Butterflies Through Policy” and has the participation of 191 countries.
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