Africa Development Bank series of Meetings and 59th Celebration began on Wednesday with several Heads of State from the continent and the AU in attendance.
The packed event seeks to tackle the mismatch between the global financial architecture and Africa’s needs, particularly in view of Climate Change to which Africa is the least contributor yet the worst affected.
President William Ruto who is hosting the Bank’s meetings noted the paradox of an Africa which is safe for multinationals to do mining, yet unsafe for multilateral lending.
Africa’s socioeconomic transformation will be at the top of the agenda to fast-track its inclusive and sustainable development priorities.
The African Development Bank has been actively engaged in education and skills development since 1975, committing significant resources to strengthen science, technology, engineering and mathematics infrastructure at tertiary levels and enhance sector policy.