The World Bank and China have held talks on how they can finance projects in Africa together, the lender’s vice president for the continent said.
“We think it’s a good thing the continent has different sources of financing,” Hafez Ghanem said in an interview Tuesday in Ivory Coast’s commercial capital, Abidjan. “In my discussions with the Chinese authorities, we were looking at how we can co-finance some projects together or to do parallel financing for some projects.”
“Our view is that Africa needs a lot of investment in infrastructure, education and health and we would like to encourage more and more countries to come and invest with us in Africa,” Ghanem said.