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Closing Speech by Dr. Akinwumi A. Adesina President of the African Development Bank Group - 59th Annual Meetings - Nairobi, Kenya 31 May 2024

· Akinwumi Adesina, President of the African Development Bank Group (International)

Summary written by Dark Majestic in its own words · topics: development and emerging economies

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· Akinwumi Adesina Wiki · African Development Bank Group WikiClosing Speech by Dr. Akinwumi A. Adesina President of the African Development Bank Group - 59th Annual Meetings - Nairobi, Kenya 31 May 2024

ContextClosing speech at the bank's 59th Annual Meetings in Nairobi; the African Development Bank finances Africa's development and wants reform of the global financial architecture.

Why it mattersAdesina urges Africa to trust its own institutions and change how it is portrayed.

Problems raised
  1. Africa relies too much on outside solutions.
  2. Global financial architecture disadvantages Africa.
  3. Africa's image deters investors.
Solutions proposed
  1. Trust and strengthen African institutions.
  2. Write a new narrative for Africa.
  3. Reform global financial architecture.
Read full speech on afdb.org ↗

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