Public Management

Djibouti IGE and World Bank Sign Agreement to Combat Corruption and Fraud

Djibouti IGE and World Bank Sign Agreement to Combat Corruption and Fraud
Monday, 20 May 2024 20:45

The State Inspector General of the Republic of Djibouti and Executive Secretary of the Forum des Inspections Générales d'État (FIGE), Mr HASSAN ISSA SULTAN signed two memorandum  of understanding with the World Bank's Vice President for Integrity, Mr MOUHAMADOU DIAGNE this Tuesday, May 14, 2024 in a ceremony via videoconference.

The first MOU concerns a technical partnership between the Office of The State Inspector Général of the Republic of Djibouti and the Vice Presidency Integrity of the World Bank. The second protocol organizes a similar partnership with the Forum des Inspections Générales d'Etat (FIGE), a continental federation of inspection and anti-corruption institutions.

The World Bank's Integrity Vice-Presidency is an independent structure responsible for investigating allegations of fraud, corruption and other illegal activities concerning projects and activities financed by the World Bank Group, its suppliers and staff, as well as for risk management and the implementation of best practices in fraud and corruption prevention. The Vice-Presidency reports directly to the President of the World Bank Group.

The protocols signed by the IGE of Djibouti and FIGE set up a platform for close collaboration aimed at preventing corruption and fraud in development projects financed by the World Bank.

The World Bank is a major actor of development funding. It is essential that the funds earmarked for projects are devoted exclusively to the assigned objectives. The mission of FIGE member institutions is to ensure that these resources are put to proper use. FIGE member institutions are therefore naturally committed to supporting the World Bank's Integrity Vice-Presidency in its control work.

Cooperation and collaboration between the parties concerned by these agreements include the joint organization of human capacity-building activities, as well as raising awareness on the issues of integrity, impartiality and probity, the fight against corruption, and the promotion and use of new information technologies in the exercise of their respective duties.

In a speech delivered at the signing ceremony, Hassan Issa Sultan, State Inspector General of the Republic of Djibouti and FIGE Executive Secretary, underlined the full mobilization of member institutions: "Through these memorandums of understanding, we are demonstrating the determination of our institutions and our countries to ensure the proper use of these external resources. And our full mobilization in the fight against corruption and fraud in development projects".

ABOUT US

The Inspection Générale d’État, Djibouti (IGE) is a superior control institution of the administrative order, entrusted with a general and permanent mission of control and audit, investigation, surveillance, study and advice, attached to the President of the Republic. The Forum des Inspections Générales d'État et Institutions Assimilées (FIGE) is a pan-African organization, headquartered in Djibouti, with 27 member institutions from 21 African countries. It aims to be an active platform for sharing best practices in control, auditing, investigations and the fight against corruption. It acts also as an incubator for innovative ideas and experience-sharing between practitioners of public sector auditing, good governance and financial transparency.

78jrez              71feg et zaap

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
• Gabon disputes CCC rating, cites reforms and April election.• Fitch flags high debt and deficits, despite recent relief steps.• IMF deal eyed for 2026,...
• Ethiopia seeks $5B for UN development plan by 2030.• $6.5B deal signed, $1.5B already secured for SDGs and resilience.• Challenges...
• Gabon lost $1.75 bn in tax exemptions over three years.• New exemptions suspended, audit and reforms underway.• Import tax relief targets food and...
• Nsia Banque to launch securitizations in 5 West African countries to fund SMEs• Securitization frees credit by converting receivables into securities•...
Most Read
01

• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...

Israel-Iran conflict raises new threats for global shipping and oil trade
02

Kenya tops African entries in 2025 IMD ranking at 56th globally. Botswana, Ghana, South Afric...

Six African Countries Rank Among Top Economies in 2025
03

Ucamwal plans three new funds in Côte d’Ivoire, including Halal and women-focused options Two...

United Capital to launch Islamic and women-focused funds in Côte d’Ivoire
04

Mauritius is the most peaceful country in Africa for the 18th year in a row Sub-Saharan Afric...

Global Peace Index 2025: Mauritius Leads Africa, Again
05

• Google unveils Veo 3, its latest AI tool for ultra-realistic video generation• Experts warn deepfa...

Deepfake Threat Becomes Alarming in Africa as AI Advances Faster Than Laws
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.