AfDBank holds pre-Annual Meetings press conference Thursday

By Adetokunbo Fakeye

The African Development Bank Group in preparation for its 2023 Annual Meetings, will hold a press conference on Thursday, 20 April 2023, at 11.00 GMT.

The theme of the 2023 Annual Meetings, as stated in a press release is, "Mobilizing Private Sector Financing for Climate and Green Growth in Africa". 

The meeting will provides a framework for Bank Group Governors to share their experiences with galvanizing private financing domestically and internationally and harnessing natural capital to bridge the climate financing gap and promote the transition to green growth in Africa. 

"If current trends in climate finance flows into Africa continue, the continent faces an annual shortfall that could exceed $127.2 billion by 2030. Africa could lose as much as 12% of GDP by 2100 while, in comparison, projected losses for the United States and other industrialized countries represent less than 1% of GDP", the statement said.

The press conference will feature Prof. Vincent Nmehielle, Secretary-General of the Bank Group, Dr. Kevin Kariuki, Vice President for Power, Energy, Climate and Green Growth, Dr. Solomon Quaynor, Vice President for Private Sector, Infrastructure and Industrialization, Pr. Kevin Urama, Chief Economist and Vice President for Governance and Knowledge Management, and other vice presidents.

The Annual Meetings of the African Development Bank Group comprise statutory meetings of its Governors (finance ministers or central bank governors representing the 81 member countries) and knowledge events. Attendees will include Heads of states, representatives of bilateral and multilateral development agencies, leading academics and non-governmental organizations, civil society, and the private sector.

As a journalist click here to register to attend. Registration closes on 19 April at midnight GMT.

"After registering, you will receive a confirmation email from AfDB Conference and Meetings containing information about joining the meeting.

"English and French interpretation will be provided", the statement indicated.