Les travaux des Assemblées annuelles de la BAD s’ouvrent à Abidjan
Summary of the 2023 Annual Meetings of the African Development Bank (AfDB)
The 2023 Annual Meetings of the African Development Bank (AfDB) commenced on May 29 in Abidjan, Côte d’Ivoire, themed “Leveraging Africa’s Capital for Development.” The goal of these meetings is to enhance the continent’s resilience and address various looming challenges.
Participation and Key Events
Over 6,000 delegates from the 81 member countries of the AfDB are participating in this significant event, which will last until May 30. The meetings include the 60th Assembly of the AfDB’s Board of Governors and the 51st Assembly of the African Development Fund, the AfDB’s concessional lending arm.
The agenda for the first day featured statutory meetings, including:
- The Board of Governors’ Bureau meeting
- A joint Steering Committee meeting open to non-member governments
- An informal Steering Committee meeting for the election of a new AfDB president
- An event focused on the second decade of implementing Agenda 2063
These engagements aim to review progress and projects with stakeholders.
On the following day, a Presidential Dialogue is scheduled to unite heads of state, government leaders, and regional institutions to explore strategies for utilizing African capital for development. This conversation will revolve around identifying key challenges and opportunities while sharing perspectives based on participants’ experiences.
Focus Areas
Key discussions will center on Africa’s national resources and their potential to drive structural transformation and facilitate a shift towards sustainable development on the continent. The emphasis lies on outlining actionable strategies that harness local capital for long-term growth and development.
Founded in September 1964 in Khartoum, Sudan, the AfDB is a multinational financial institution designed to promote economic growth and socio-economic progress across African nations, with Algeria being one of its founding members.
Conclusion
The 2023 Annual Meetings of the AfDB signify a pivotal moment for African leaders to come together and strategize on optimizing the continent’s capital to drive sustainable development. By sharing experiences and addressing critical issues, these meetings aim to pave the way for meaningful progress in Africa’s economic landscape.
