· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech Delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group - Opening Speech, Donors Pledging Session African Development Fund’s (ADF) 16th Replenishment - 5 December 2022
Read full speech on afdb.org ↗ContextOpening speech at the donors' pledging session for the 16th replenishment of the African Development Fund; the African Development Bank finances Africa's development and seeks grants for the poorest countries.
Why it mattersAdesina presents a debt action plan to donors.
Problems raised
- Debt vulnerabilities are rising.
- Governance and public finance are weak.
- Debt resolution is slow.
Solutions proposed
- Deliver the debt action plan.
- Strengthen governance and debt management.
- Work with the IMF and World Bank on the common framework.