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WATCH: Ramaphosa meets World Bank Group President Ajay Banga alongside Godongwana

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By Marcus Moloko

President Cyril Ramaphosa met with World Bank Group (WBG) President Ajay Banga at the Mahlamba Ndlopfu official residence in Pretoria this week, in a high‑level engagement aimed at shaping South Africa’s next phase of economic partnership with the institution.

Joined by Finance Minister Enoch Godongwana and senior government officials, Ramaphosa and Banga deliberated on building a more coordinated partnership under the forthcoming Country Partnership Framework (CPF) for 2027–2032.

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The framework will focus on modern, inclusive infrastructure, human development, and strengthening the private sector to drive job-focused growth.

President Cyril Ramaphosa met with World Bank Group (WBG) President Ajay Banga at the Mahlamba Ndlopfu official residence in Pretoria. Photo: GCIS

The meeting served as a strategic planning session to transition South Africa from its current economic recovery phase into long‑term structural growth.

Key objectives included sustaining World

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