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“Experiences and Lessons from the African Development Bank”, speech by AfDB President Akinwumi Adesina, 52nd Annual Meetings of the Caribbean Development Bank, 14 June 2022

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

Summary written by Dark Majestic in its own words · topics: public finances and debt, development and emerging economies, growth, investment and productivity

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· Akinwumi Adesina Wiki · African Development Bank Group Wiki“Experiences and Lessons from the African Development Bank”, speech by AfDB President Akinwumi Adesina, 52nd Annual Meetings of the Caribbean Development Bank, 14 June 2022

ContextSpeech at the 52nd Annual Meetings of the Caribbean Development Bank; the African Development Bank finances Africa's development and shares lessons with a sister institution.

Why it mattersAdesina shares tools for de-risking infrastructure with island economies.

Problems raised
  1. Infrastructure investment faces many risks.
  2. Commercial debt has grown sharply.
  3. Development challenges are global.
Solutions proposed
  1. De-risk infrastructure investment.
  2. Share lessons among development banks.
  3. Build Africa-Caribbean investment links.
Read full speech on afdb.org ↗

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