Zimbabwe’s cooperation with the African Development Bank (AfDB) is set to deepen following the arrival of the institution’s new Country Manager, Eyerusalem Fasika, who has outlined an expanded framework of support aligned with national development priorities and economic reforms.
Fasika said the Bank remains committed to supporting the Government and the people of Zimbabwe, particularly through the ongoing arrears clearance and debt resolution process. She said the AfDB’s engagement will continue to back reforms aimed at restoring macroeconomic stability and rebuilding international confidence.
She stated that the Bank’s support is aligned with Zimbabwe’s National Development Strategy 2, the AfDB Ten-Year Strategy and its four cardinal priority areas, which guide investments across the continent.
These focus on fostering inclusive growth and sustainable development.
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Fasika highlighted that AfDB interventions in Zimbabwe currently span agriculture, energy, social services and private sector development. She said these sectors are central to accelerating economic transformation and improving livelihoods.
She also noted that the Bank’s support framework is aligned with Agenda 2063 and the Sustainable Development Goals, ensuring Zimbabwe’s development efforts remain integrated with continental and global aspirations.
Fasika commended the government for reaching milestones that led to the signing of a Staff-Monitored Programme with the International Monetary Fund, describing it as an important step towards strengthening macroeconomic stability.
She said the AfDB is reviewing its previous country engagement report, which will inform the next three-year strategy and guide expanded collaboration designed to deliver measurable impact for Zimbabweans.
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