AfDB President, Adesina, due in Morocco Tuesday for Pan-African infrastructure fund AGM

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BY BAMIDELE FAMOOFO

The President of the African Development Bank Group, Akinwumi Adesina, will travel to Marrakesh on Monday, July 18 2022, for a four-day visit.

Part of his schedule for the visit is to attend the General Meeting of Africa50, a pan-African infrastructure fund based in Casablanca, in his dual capacity as the head of the African Development Bank Group and chair of the Board of Directors of the Fund, an initiative of the Bank.

Adesina will also participate in the United States-Africa Business Summit, which begins on 19 July in Marrakech, under the theme “Building Forward Together”.

The Bank President will meet with senior officials and private sector representatives during his visit. He will also meet with key development partners.

“Morocco is a source of inspiration; a country that demonstrates that, with ambition, will, and resources, transformation can become a reality,” said Adesina. “The Kingdom is our premier partner, with a large portfolio of top-tier operations that position it as a leader in multiple domains on the continent,” he added.

Adesina will be accompanied by the Vice-President for Regional Development, Integration and Business Delivery, Yacine Fal, and the Vice-President for the Private Sector, Infrastructure and Industrialization, Solomon Quaynor.

The African Development Bank Group has been operating in Morocco for more than 50 years. Its portfolio is worth more than €12 billion, covering health, agriculture, energy, water, transport, human development and the financial sector.