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Opening Keynote Address by Dr. Akinwumi A. Adesina President, African Development Bank Group - 2024 Bank Group Annual Meetings - Nairobi, Kenya 28 May 2024 - Governors’ Dialogue

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

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

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· Akinwumi Adesina Wiki · African Development Bank Group WikiOpening Keynote Address by Dr. Akinwumi A. Adesina President, African Development Bank Group - 2024 Bank Group Annual Meetings - Nairobi, Kenya 28 May 2024 - Governors’ Dialogue

ContextKeynote at the governors' dialogue of the bank's 2024 Annual Meetings in Nairobi; the African Development Bank finances Africa's development and debates how to fund it.

Why it mattersAdesina presents de-risking tools to draw private money into African projects.

Problems raised
  1. Investment risk deters private capital.
  2. Currency and political risks are high.
  3. Financing gaps persist.
Solutions proposed
  1. Use de-risking instruments.
  2. Reform the global financial architecture.
  3. Mobilise private sector investment.
Read full speech on afdb.org ↗

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