Malawi joins global talks on economic growth

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By Burnett Munthali

Finance Minister Joseph Mwanamvekha represented Malawi at the World Bank Africa Group 1 Constituency annual meeting in Washington, D.C.

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The meeting brought together representatives from 22 Sub-Saharan African countries to discuss development priorities and economic growth.

The World Bank Africa Group 1 Constituency, which includes Malawi, represents the interests of 22 countries on the World Bank Group boards. These countries are Botswana, Burundi, Eritrea, Eswatini, Ethiopia, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibia, Rwanda, Seychelles, Sierra Leone, Somalia, South Sudan, Sudan, Tanzania, Uganda, Zambia, and Zimbabwe.

World Bank Vice President for Eastern and Southern Africa, Ndiamé Diop, urged African nations to speed up economic growth to create decent jobs for their growing populations.

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Diop outlined a three-part plan to achieve this: invest in infrastructure like energy and transport, create an environment that supports job creation, and attract private investment.

Diop said that without reliable infrastructure, it’s hard to attract investment. Mwanamvekha agreed, saying countries need to do more to create jobs for their people.

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He said Malawi is committed to creating more jobs with help from the World Bank and other partners.

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