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Speech by Dr. Akinwumi A. Adesina President, African Development Bank Group - Presidential Dialogue: The Changing Global Financial Architecture and the Role of Multilateral Development Banks 2023 Bank Group Annual Meetings - 23 May 2023

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

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

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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Dr. Akinwumi A. Adesina President, African Development Bank Group - Presidential Dialogue: The Changing Global Financial Architecture and the Role of Multilateral Development Banks 2023 Bank Group Annual Meetings - 23 May 2023

ContextSpeech at a presidential dialogue on the global financial architecture at the bank's 2023 Annual Meetings; the African Development Bank finances Africa's development and wants lenders reformed.

Why it mattersAdesina argues that reform of global finance must put Africa at the centre.

Problems raised
  1. The Sustainable Development Goals are off track.
  2. The global financial architecture neglects Africa.
  3. Development banks need more resources.
Solutions proposed
  1. Put Africa's priorities at the centre of reform.
  2. Strengthen multilateral development banks.
  3. Reform the global financial architecture.
Read full speech on afdb.org ↗

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