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Speech by Dr. Akinwumi Adesina, President, African Development Bank Group, 7th Africa-Ireland Economic Forum

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

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

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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi Adesina, President, African Development Bank Group, 7th Africa-Ireland Economic Forum

ContextSpeech at the seventh Africa-Ireland Economic Forum in Dublin; the African Development Bank finances Africa's development and builds ties with European partners.

Why it mattersAdesina warns that 23 African countries face high debt distress.

Problems raised
  1. 23 African countries face high debt distress.
  2. Debt relief was temporary.
  3. Liquidity pressures persist.
Solutions proposed
  1. Pursue debt treatment under the common framework.
  2. Build on debt service suspension.
  3. Strengthen Africa-Ireland ties.
Read full speech on afdb.org ↗

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