Representing President Abdel Fattah El-Sisi at the International Development Association (IDA) Africa Heads of State Summit, the Minister of International Cooperation (MoIC) Rania Al-Mashat arrived in Kenya.
This summit will discuss the African continent’s goals in collaboration with the IDA, an organization affiliated with the World Bank that provides low-interest financing and grants globally.
This summit serves as a platform for discussing the goals of Africa in collaboration with IDA, an organization affiliated with the World Bank that provides low-interest financing and grants globally.
The primary goal of IDA is to support nations in their investment endeavors while enhancing the welfare of their citizens.
More than 70% of IDA’s loans and grants go to Africa, reflecting the institution’s focus on eradicating poverty sustainably on the continent.
More than 70% of IDA’s loans and grants go to Africa, reflecting the institution’s focus on eradicating poverty sustainably on the continent.
Serving as the primary source of grants and low-interest loans, the IDA plays a crucial role in aiding countries to invest in their future, enhance living conditions, ensure security, and foster prosperous societies globally.
