Bujumbura: Mr. Babacar Sedikh Faye has been appointed as the World Bank Group (WBG) Country Manager for Burundi, effective July 1, 2025. His appointment is part of a global initiative by the World Bank Group aimed at unifying and strengthening its representation at the country level. Mr. Faye will be responsible for the operations of all the institutions in Burundi, including the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA).
According to African Press Organization, Mr. Faye expressed his honor in representing the World Bank Group in Burundi and emphasized the importance of continuing to strengthen the partnership with the country. The World Bank Group’s interventions in Burundi have shown significant growth and impact in recent years. Mr. Faye aims to further this growth with increased efficiency and innovation to better support Burundi in improving living conditions and reducing inequalities.
Mr. Faye’s appointment coincides with the preparation of the Country Partnership Framework (CPF) with Burundi for the next six years. The CPF serves as a strategic framework to align the World Bank Group’s interventions with Burundi’s development priorities. Mr. Faye highlighted that the CPF is an opportunity for the World Bank Group to integrate its institutional interventions to support the government’s Vision Burundi plan, which aspires to transform the country into an emerging country by 2040 and a developed country by 2060. The World Bank Group believes that achieving these ambitions will require sustained support for developing a dynamic private sector to drive inclusive and sustainable growth.