By AFP More by this AuthorSub-Saharan Africa will have a "stronger voice" at the International Monetary Fund with a third seat on the global lender's executive board, IMF Chief Kristalina Georgieva told AFP. Georgieva delivered the news ahead of next week's IMF and World Bank meetings in Marrakesh, Morocco — the first gathering on the continent since 1973. We are advancing a preparation to have a third representative of Sub-Saharan Africa in our executive board," Georgieva told AFP in Abidjan, Ivory Coast, on Thursday. Advertisement"Ultimately, what it will mean is (a) stronger voice for Africa," the IMF's managing director added. "We expect some brighter prospect for Sub-Saharan Africa in 2024," the Bulgarian economist and former European Commission vice president said.

Source: Daily Nation October 06, 2023 11:55 UTC