Makhtar diop biography definition
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Makhtar Diop is IFC’s Managing Director. He assumed this position on March 1st, Prior to this appointment, he was the World Bank’s Vice President for Infrastructure, where he led the Bank’s global efforts to build sustainable infrastructure in developing and emerging economies. In this role, he oversaw the Bank’s critical work in energy, frakt, digital infrastructure, and public-private partnerships.
Prior to this, Mr. Diop served for six years as the World Bank’s Vice President for Africa, where he oversaw the delivery of a record-breaking USD$70 billion to Sub-Saharan Africa to help tackle development challenges such as increasing access to energy; boosting women’s and youth’s economic empowerment; and promoting an enabling environment for more innovation and technology adoption. A passionate advocate for Africa’s right to clean and affordable electricity, he also called for greater investment in renewable energy and pushed for stronger regional interconnectivity in the
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Stanley Please Memorial Event - Remarks by Mr. Makhtar Diop, Regional Vice President, Africa Region
It’s a great pleasure to be here today with so many friends and colleagues to honor a former Bank staff member, and someone who really had Africa’s interests at heart.
I’d like to structure my remarks around three interconnected issues: Stanley’s insights concerning the centrality of policy reform, the policy framework in Africa today, and Stanley’s legacy in terms of the Bank’s role.
First, Stanley Please’s greatest contribution to Africa and the World Bank—the insight that policy reforms are necessary to make development projects productive—is also one of the most controversial, because it is associated with the infamous “structural adjustment programs” of the s and s.
That his insight was seminal is borne out by the fact that it seems obvious today.
- The aid effectiveness literature has provided empirical justification.
- The World Bank’s CPIA—which allocates aid accord
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