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As part of the first phase of the voice and governance reforms of the World Bank, the International Bank for Reconstruction and Development (IBRD) Board of Governors approved a resolution increasing the number of elected Executive Directors and Chairs to 20 and 25 respectively, with a view to allowing that member countries in Sub-Saharan Africa be represented by three elected Executive Directors.

Accordingly, the third chair for Sub-Saharan Africa, at the Board of the World Bank, became effective during the second quarter of the financial year of the World Bank Group, on November 1, 2010, with three countries, Angola, Nigeria and South Africa, as the pioneer members. This is the third Annual report to be rendered to the Constituency Governors." Foreword by Mr. Mansur Muhtar, former Executive Director: Annual Report 2014 (pdf)

The report of the Executive Director presented to the governors during the Spring Meetings in April 2015, the first of such Report from Ms. Lourenco is also presented herewith:  Report to the Executive Directors 2015 (pdf)

The staff of the Executive Director Office for Angola, Nigeria and South Africa are committed to working with the 189 World Bank member countries to present a consensus on development issues.


Alternate Executive Director: EDS25
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By Country


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    Membership Date
    September 19, 1989
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    Membership Date
    March 30, 1961


EDS25 IBRD Statement of Loans

EDS25 Statement of Credits and Grants
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The World Bank
1818 H Street, N.W. Mail Stop MC 13-1303
Washington, DC 20433 USA
Tel : +1 202-458-2118
Fax: +1 202-522-3177

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In Depth

Angola, Nigeria and South Africa have been playing prominent roles as members and shareholders of the World Bank Group (WBG) since they joined the WBG in 1989, 1961 and 1945 respectively. At the beginning, the three countries were part of Africa Group I Constituency in EDS14 which comprised largely English speaking African countries with a few Francophone and Lusophone countries. 

The Executive Director, along with the other members of the Constituency office, represent the constituent countries in meetings at the World Bank Executive Board and engage in constant dialogue with staff of the WBG and other Executive Directors’ Offices.  Together, they work collectively and collaboratively to help the WBG achieve its mission of eradicating extreme poverty and boosting shared prosperity for the bottom 40 percent by the year 2030.

Since its creation in November 2010, EDS25 has increasingly helped to facilitate interactions and improve dialogue between the World Bank Group and its constituent member countries more than ever before.

The Office continually seeks regular inputs on major policy/strategic issues and incorporates them into its statements to the Board from time to time. 

This office also acts in liaison with the capitals to seek advice and counsel in real time and receive more systematic and regular feedback from the constituencies on other key issues

EDS25 regularly informs the capitals of training, capacity development and other opportunities that could potentially help member countries in solving their developmental needs.

Overtime, these efforts have yielded significant improvements in understanding of how the WBG works, and in turn, leading to increased interaction and more availibiliry of effective use of resources and opportunities offered bythe Bank Group, other multilateral Development Banks and other International Financial Institutions.

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    Fidel Odey

    Senior Advisor to the Executive Director, Nigeria
    Committee on Development Effectiveness (CODE), G-24, International Center for Settlement of Investment Disputes (ICSID), Governance and Anti-Corruption matters, Low Income Unders Stress and Fragile States LICU-FCS, Climate Change and Environment Issues, Economic Committee of West African States (ECOWAS), East Central Asia (ECA) , Voice Secondment Program (VSP), Office Website and Nigeria projects/ programs. Email: fodey@worldbank.org / Tel. +1 202 473 0334
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    Mario Augusto Caetano Joao, Angola

    Advisor to the Executive Director, Angola
    Responsibilities: Email: mjoao1@worldbank.org Tel. +1 202-473-9723
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    Nyeso Stanley George

    Advisor to Executive Director
    Responsibilities: Email: ngeorge2@worldbank.org Tel. +1 202-473-9327
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    Reshma Sheoraj

    Advisor to the Executive Director, South Africa
    African Union and the New Partnership for Africa Development (NEPAD), Budget Committee, G-20, Human Development and Social Issues, Joint Bank/ Joint Bank/Japan Scholars Program, Latin America and the Carribbean Region (LAC), Middle Income States (MICs) and Subnationals, Multilateral Invsetment Guaranty Agency (MIGA), Southern Africa Development Community (SADC), and South African projects/ programs. Email: rsheoraj@worldbank.org / Tel. +1 202.458.1349
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    Sipho Bhanisi, South Africa

    Advisor to the Executive Director

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    Maureen Serieux

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    Nkem Okorie

    Program Assistant
    Tel: + 1 202 473 7376
Executive Director: EDS25
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Alternate Executive Director: EDS25
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Constituency Countries Map
EDS25 Constituency Countries Map Angola Angola Nigeria South Africa South Africa Nigeria

Allocation of Votes by Organization

Member countries are allocated votes at the time of membership and subsequently for additional subscriptions to capital.  Votes are allocated differently in each organization.

IBRD: Each member receives votes consisting of share votes (one vote for each share of the Bank's capital stock held by the member) plus basic votes (calculated so that the sum of all basic votes is equal to 5.55 percent of the sum of basic votes and share votes for all members).

IFC: Each member receives votes consisting of share votes (one vote for each share of IFC's capital stock held by the member) plus basic votes (calculated so that the sum of all basic votes is equal to 5.55 percent of the sum of basic votes and share votes for all members).

IDA: Each member receives the votes it is allocated under IDA replenishments according to the rules established in each IDA replenishment resolution. Votes consist of subscription votes and membership votes.

MIGA: Each member receives votes consisting of share votes (one vote for each share of MIGA's capital stock held by the member) plus parity votes, calculated so that the aggregate number of votes of category 1 and category 2 members is the same. Members choose which category they want to join at the time of membership. Category 1 members were originally defined as developed countries and category 2 members as developing countries.

Voting Status by Executive Director:

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    World Bank Group Spring Meetings 2019

    Washington, DC: April 12 - 14, 2019
    The 2019 Spring Meetings of the World Bank and the International Monetary Fund will be held in Washington, DC, from April 12 - 14, 2019.
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    ECOSOC Forum on Financing for Development

    May 22 - 25, 2017 - New York, United States
    The ECOSOC Forum on Financing for Development follow-up (FfD Forum) was established in accordance with the 2015 Addis Ababa Action Agenda (Addis Agenda), in recognition of the need for a dedicated follow-up and review of the financing for development (FfD) outcomes as well as the means of implementation (MoIs) of the 2030 Agenda for Sustainable Development (2030 Agenda). The FfD Forum is held annually at the United Nations Headquarters in New York with universal intergovernmental participation. The FfD Forum assesses progress, identifies obstacles and challenges to the implementation of the FfD outcomes and the delivery of the MoIs of the Sustainable Development Goals. It also promotes the sharing of lessons learned from experiences at the national and regional levels, addresses new and emerging topics of relevance and provides policy recommendations for action by the international community. It results in intergovernmental agreed conclusions and recommendations that are transmitted to the High Level Political Forum on Sustainable Development.
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    G20 Africa Partnership Conference

    June 12 – 13, 2017 - Berlin, Germany
    To renew efforts for sustainable economic development in Africa the German Presidency has launched the G20 Africa Partnership to support private investment, sustainable infrastructure and employment in African countries as well as contribute to the AU Agenda 2063. The Partnership intends to support related political initiatives of the G20 and facilitate joint commitments (Investment Compacts) between African countries, G20 Partners and International Financial Institutions. Compacts should be demand driven and form the basis for long-term cooperation, with the aim of creating a sound investment climate in relevant sectors of selected African economies. The initiative builds on existing regional and international strategies and can be viewed in the context of addressing root causes of migration.
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    African Governors Caucus Meeting

    August 2-4, 2017 - Gaborone, Botswana
    The African Caucus was established in 1963, as the “African Group,” with the objective of strengthening the voice of African Governors in the Bretton Woods Institutions (BWIs), i.e. the International Monetary Fund (IMF) and the World Bank Group (WBG), on development issues of particular interest to Africa. Membership to the Caucus is open to all African Countries who are members of the IMF and WBG, currently all the 54 countries on the African continent. The countries are represented by their respective Governors at these institutions, commonly referred to as the African Governors, who are usually Ministers of finance and economic development, and Central Banks Governors. Views and concerns of African Governors are conveyed to the heads of the BWIs through a Memorandum and that is done annually at the Annual Meetings of the two institutions. The African Caucus meets twice yearly; first, in the host country of the Chairperson of the Caucus and secondly, at the venue of the Annual Meetings of the IMF and WBG.
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    2017 Symposium of the Association of African Central Banks (AACB)

    August 15, 2017 - Pretoria, South Africa
    The South African Reserve Bank (SARB) will be hosting the 40th Ordinary Meeting of the Assembly of Governors of the Association of African Central Banks (AACB) in August 2017 in Pretoria, South Africa at the SARB Conference Center. The main objective of the AACB is, inter alia, to promote co-operation in the monetary, banking and financial spheres in the interests of maintaining price and financial stability in Africa. A Governors’ Symposium on the theme ‘Monetary Integration Prospects in Africa: Lessons from the Experience of the European Monetary and Financial Integration will be held on 15 August 2017 at the same venue. Governors from almost 50 African Central Banks and representatives of African regional bodies and international institutions will participate in the Symposium.
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    United Nations General Assembly (UNGA)

    September 12-25, 2017 - New York, USA
    The UN General Assembly, organized by the International Institute for Sustainable Development will take place from 12th September to the 25th September 2017 at the UN Headquarters in New York, USA. The conference will cover areas like SOC and concludes that actions to reverse the loss of soil organic matter could be one of the most effective tools to mitigate climate change.


Project Map
Use Mapping for Results tool to visualize the locations of World Bank-financed projects of the EDS25 constituency countries.
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EDS25 Annual Reports (pdf)

EDS25 Interim Reports

Yearly Reports