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African Development Bank Group President Akinwumi Adesina visits Morocco

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

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

“Morocco is a source of inspiration; a country that demonstrates that, with ambition, will, and resources, transformation can become a reality,” said Dr. 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.

READ MORE: Ghana: President Launches $10m Grant To SMEs In The Tourism Industry

On 19 July, President Adesina will attend the General Meeting of Africa50(link is external), 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.

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

READ MORE: Kenya: African Development Bank approves €89 million loan to bolster economic recovery

Dr. 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.

Source: AfDB

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