Zimbabwe and the African Development Bank finished their 2025 Country Portfolio Performance Review workshop during May 12-13 meetings held at Harare. Private sector voices joined government officials and development partners for the first time during these discussions. The workshop aimed to check how well the Bank operates within Zimbabwe and create future plans. Belinda Chesire spoke for Country Manager Moono Mupotola about building solutions together and sharing knowledge. The review marked the first assessment under the Bank's 2024-2026 Country Brief.
The Bank manages a $137 million portfolio that covers public sector work like governance, social development, agriculture, energy and emergency response. Private sector efforts brought over $40 million through credit lines and trade finance to help small and medium businesses grow. Government officials showed strong support for these projects during the workshop. Acting Chief Director Mrs. Makuwaza from the Ministry of Finance talked about how Bank goals match Zimbabwe's national plans. The Country Brief connects directly with Zimbabwe's National Development Strategy covering 2021-2025.
Workshop results will create a new Country Portfolio Improvement Plan to make projects work better and speed up money distribution. The plan needs approval from both the Bank's Board Committee on Development Effectiveness and Zimbabwe's government. Trust funds managed by the African Development Bank continue helping Zimbabwe with renewable energy projects and support for women-owned businesses. The workshop strengthened partnerships between Zimbabwe and the Bank for future sustainable growth.
The Bank manages a $137 million portfolio that covers public sector work like governance, social development, agriculture, energy and emergency response. Private sector efforts brought over $40 million through credit lines and trade finance to help small and medium businesses grow. Government officials showed strong support for these projects during the workshop. Acting Chief Director Mrs. Makuwaza from the Ministry of Finance talked about how Bank goals match Zimbabwe's national plans. The Country Brief connects directly with Zimbabwe's National Development Strategy covering 2021-2025.
Workshop results will create a new Country Portfolio Improvement Plan to make projects work better and speed up money distribution. The plan needs approval from both the Bank's Board Committee on Development Effectiveness and Zimbabwe's government. Trust funds managed by the African Development Bank continue helping Zimbabwe with renewable energy projects and support for women-owned businesses. The workshop strengthened partnerships between Zimbabwe and the Bank for future sustainable growth.
