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Remarks by Dr. Akinwumi A. Adesina President, African Development Bank Group Session: Launch of the Africa and Middle East SAFE Initiative COP 28, UAE 3 December 2023

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

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

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· Akinwumi Adesina Wiki · African Development Bank Group WikiRemarks by Dr. Akinwumi A. Adesina President, African Development Bank Group Session: Launch of the Africa and Middle East SAFE Initiative COP 28, UAE 3 December 2023

ContextRemarks at COP28 in Dubai at the launch of the Africa and Middle East SAFE initiative; the African Development Bank finances Africa's development and works on food security under climate change.

Why it mattersAdesina proposes that Africa supply food to the water-stressed Gulf region.

Problems raised
  1. Water stress limits food production in the Middle East.
  2. Desalination makes farming too costly.
  3. Food security is fragile.
Solutions proposed
  1. Make Africa a food supplier to the Middle East.
  2. Invest in agro-industrial processing zones.
  3. Bring Middle East investors in as anchors.
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