"This Is No Ordinary Time and This Calls for No Ordinary Response," Says Bank Vice President

22 July 2020
Content from a Premium Partner
African Development Bank (Abidjan)

For more than 55 years, the African Development Bank has played a vital role in the continent's development. The Bank's current development strategy is guided by the "High 5" agenda - to Light Up and Power Africa, Feed Africa, Industrialize Africa, Integrate Africa and Improve the quality of life for the people of Africa - and its plans to leapfrog the continent into the 21st century.

Despite the recent limitations imposed by the COVID-19 pandemic, business continuity and lending to member countries remains critical for Africa's leading development partner.

"We are in uncertain times," Vice President Solomon Quaynor said ahead of the 2020 Annual Meetings of the African Development Bank. "This is no ordinary time and it calls for no ordinary response... my key message is that we are long-term partners in Africa."

He goes on to discuss those areas whose weaknesses were exposed by the COVID-19 pandemic.

For more on the "Road to the 2020 Annual Meetings: A conversation with VP Solomon Quaynor," click here.

Read the original article on African Development Bank (AfDB).

Tagged:
Copyright © 2020 African Development Bank. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 600 reports a day from more than 110 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.