African Development Bank President Akinwumi Adesina Leads Delegation to IMF-World Bank Spring Meetings

Photo: AfDB
AfDB president Akinwumi Adesina attends a breakfast meeting with Congresswoman Karen Bass (D-Calif.) on April 9th, at the Columbia Center, 1152 15th Street, N.W. The theme of the breakfast meeting was "Financing for Development in Africa - The Role of African Development Bank." Also in attendance were US Govt. officials and investors.
8 April 2019
Content from our Premium Partner
African Development Bank (Abidjan)

African Development Bank President Akinwumi Adesina is expected in Washington DC, on Monday, to take part in the IMF/ World Bank Spring meetings from 9-12 April.

Dr. Adesina and a delegation of senior Bank officials, are expected to meet with US Congresswoman Karen Bass, who serves on the House Committee on Foreign Affairs where she is a Ranking Member of the Subcommittee on Africa, Global Health, Global Huma Rights and International Organisations. The meeting will be attended by other US government officials and investors.

During his four-day DC trip, Dr. Adesina will also hold bilateral meetings with heads of sister Multilateral Development Banks (MDBs) including Takehiko Nakao, President of the Asian Development Bank; Sir Suma Chakrabarti, President of the European Bank for Reconstruction and Development (EBRD) and Luis Alberto Moreno, President of the Inter-American Development Bank.

Dr. Adesina took over as chairman of all MDBs in Davos earlier this year.

Also scheduled during the trip are bilateral meetings with Dag-Inge Ulstein, Norwegian Minister for International Development; Hon. Maryam Monsef, Canadian Minister for International Development and Vice Minister Masa Asakawa, the Japanese Vice Finance Minister for International Affairs.

On Wednesday, 10 April, the President and his delegation will attend the 3rd Consultative Forum of the Southern African Development Community ministers of finance.

The African Development Bank Governor's Consultative Committee (GCC) Meeting, to take place on the sidelines of the IMF-World Bank meetings on 11 April, is expected to be one of the key highlights of the DC trip. The meeting aims to move forward discussions on the 7th General Capital Increase (GCI-VII) of the Bank group. It follows the December 2018 Regional and Non-Regional Governors Consultation meeting held in Rome.

The President's four-day agenda will end with a ministerial meeting of Finance and Economic ministers from Africa. Dr Ngozi Okonjo-Iweala; a development economist and former Nigerian Finance Minister and Lord Nicholas Stern, professor of economics and chair of the Grantham Research Institute on Climate Change, will be in attendance.

Tagged:

AllAfrica publishes around 600 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.