28 June 2013
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African Development Bank (Abidjan)

The AfDB Ten-Year Strategy Disseminated in Angola

press release

The Angola Country Office (AOFO) on 21 June held a press conference in Luanda to disseminate the Bank's Long Term Strategy and the outcomes of the 2013 annual meetings that took place in Marrakech, Morocco, from 27-31 May.

Apart from the media, the well-attended press conference also drew government officials, donor representatives and diplomats. It was opened with introductory remarks from the Bank's Resident Representative Septime Martin. A presentation of the Bank's Ten Year Strategy (TYS), by the Principal Country Economist, Joel Muzima, followed. Muzima highlighted the TYS's operational priorities and their alignment to the Bank's Country Strategy for Angola as well as to the Angolan Government's five year strategy (2013-2017). He also briefed the press conference on the main conclusions of the 2013 Annual General Meetings, the Bank's return to its Headquarters in Abidjan, and the launching of the 'Africa 50 Fund'.

The presentation was followed by a question and answer session during which the AOFO team responded to questions on especially the objectives and implementation of the TYS. There were appeals for the Bank to support the Angolan government's efforts in the diversification of the country's economy, inclusive growth and improvement of governance. The event drew wide coverage in the Angolan media.

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