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allAfrica.com·3 min read·hard

Africa's Economic Transformation Needs Stronger Reforms, Partnerships - Finance Minister Says

Africa's Economic Transformation Needs Stronger Reforms, Partnerships - Finance Minister Says
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The Gambia's Finance Minister, Seedy K.M. Keita, emphasized the need for bold economic reforms and regional partnerships to drive Africa's development. Speaking at an IMF and World Bank meeting, he highlighted the importance of domestic revenue mobilization and human capital investment.

Why it matters

The call for structural reform reflects the broader economic strategy required for African nations to navigate global financial uncertainty and achieve sustainable growth.

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Africa's journey towards economic transformation requires bold reforms, stronger institutions, sustained investments, and deeper partnerships to unlock the continent's vast potential, The Gambia's Minister of Finance and Economic Affairs, Seedy K.M. Keita, has said.

Speaking at the closing of the 2026 meeting of African Governors of the International Monetary Fund (IMF) and World Bank Group (WBG) held in Banjul, Mr. Keita said African countries must take decisive steps to build stronger, more inclusive, and resilient economies.

He said the discussions over the three-day meeting provided an opportunity to reflect on the challenges facing African economies while identifying practical pathways to accelerate development.

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