African Development Bank Begins Annual Meetings

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VENTURES AFRICA – The African Development Bank Group (AfDB) has begun its Annual Meetings this week in the Moroccan city of Marrakech. The meetings will end on 31st May, 2013.

Key decisions of the bank are reached at these meetings. The theme for this year’s meeting is “Africa’s Structural Transformation” and they will review AfDB’s operations for 2012 and its development portfolio for 2013. 

More than 2,500 delegates including African Finance Ministers, Central Bank Governors and CEOs from the Bank’s 78 member countries are attending the meeting. Key sectors to be discussed include infrastructure, climate change, the private sector and governance.

Delegates representing other multilateral finance institutions, private sector chief executives, civil society organisations and journalists are also attending. High-level talks and discussions and other events will take place to deliberate on the continent’s economic, social and political issues and how they can be leveraged to sustain the continents economic growth.

This is the second time that Tunisia-based AfDB is hosting the Bank’s Annual Meetings after the first was help in Rabat in 1974.

 

 

 

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