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Closing Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group - Annual Meetings 2023, African Development Bank Group - Sharm El-Sheikh, Egypt. 26 May 2023

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

Summary written by Dark Majestic in its own words · topics: banking regulation and supervision, climate, energy and nature, public finances and debt, development and emerging economies

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· Akinwumi Adesina Wiki · African Development Bank Group WikiClosing Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group - Annual Meetings 2023, African Development Bank Group - Sharm El-Sheikh, Egypt. 26 May 2023

ContextClosing speech at the bank's 2023 Annual Meetings in Sharm El-Sheikh, Egypt; the African Development Bank finances Africa's development and seeks private capital for climate.

Why it mattersAdesina says the G20 debt framework is not working well.

Problems raised
  1. Climate change weighs on Africa.
  2. Debt levels are high.
  3. The G20 common framework is not working well.
Solutions proposed
  1. Mobilise private finance for climate and green growth.
  2. Take urgent debt resolution measures.
  3. Make the common framework work.
Read full speech on afdb.org ↗

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