AfDB Pres. Akinwumi Adesina expected in Morocco Monday

AfDB Pres. Akinwumi Adesina expected in Morocco Monday

President of the African Development Bank Group (AfDB), Akinwumi Adesina, is expected in Marrakesh on Monday for a four-day visit.

“This visit renews the African Development Bank Group’s commitment to strengthening the exceptional partnership that has united Morocco with the institution for more than half a century – with results that benefit the population,” AfDB said in a statement.

“Morocco is a source of inspiration; a country that demonstrates that, with ambition, will, and resources, transformation can become a reality,” Adesina was quoted in the statement as saying.

“The Kingdom is our premier partner, with a large portfolio of top-tier operations that position it as a leader in multiple domains on the continent,” he added.

On Tuesday July 19, Adesina will attend the General Meeting of Africa50, a pan-African infrastructure fund based in Casablanca, in his dual capacity as the head of the AfDB Group and chair of the Board of Directors of the Fund, an initiative of the Bank.

Adesina will also participate in the United States-Africa Business Summit, which begins on 19 July in Marrakech, under the theme “Building Forward Together.”

The Bank President will meet with senior officials and private sector representatives during his visit. He will also meet with key development partners.

Adesina will be accompanied by the Vice-President for Regional Development, Integration and Business Delivery, Yacine Fal, and the Vice-President for the Private Sector, Infrastructure and Industrialization, Solomon Quaynor, the statement said.

The AfDB Group has been operating in Morocco for more than 50 years. Its portfolio is worth more than €12 billion, covering health, agriculture, energy, water, transport, human development and the financial sector.

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