AfDB, India to Boost Africa Relations

The President of the African Development Bank Group (AfDB), Akinwumi Adesina, arrived in New Delhi on Thursday, March 30, 2017, to begin a four-day official visit to India aimed at improving relations between the Bank and India, and the country’s ties with Africa.

Adesina and members of the delegation were received at New Delhi’s Indira Gandhi International Airport by senior Indian Government officials lead by Rishikesh Singh, Director, Multilateral Institutions Division, Department of Economic Affairs, Ministry of Finance; and the Dean of African Diplomatic Corps in India, Ambassador Alem Tsesaye Woldemariam of the State of Eritrea.

They were to attend a meeting with the African Diplomatic Corps in India during the day followed by a dinner hosted by the Export-Import Bank of India (EXIM Bank) later in the evening.

During the visit, Adesina and his team are expected to hold bilateral talks with Prime Minister Narendra Modi and Finance Minister Arun Jaitley on how to strengthen cooperation between the Bank and India. The parties will also discuss the forthcoming Annual Meetings of the Bank Group to be held in Ahmedabad in the State of Gujarat from May 22-26, 2017.

The visitors will attend an interactive session on the Bank’s High 5 development priorities, confer with the Managing Director of the Export-Import Bank of India at the India EXIM Bank Regional Office, and participate in the opening ceremony of the 2nd Annual Meeting of the New Development Bank (NDB) set up by the BRICS countries (Brazil, Russia, India, China and South Africa) for infrastructure development.

Adesina and his team flew to Ahmedabad on April 2 to assess the state of readiness of the Mahatma Mandir Conference Centre in Gandhinagar, which is the capital of Gujarat State and the main venue of the 2017 Annual Meetings.

This will be followed by a tour of Toran Gandhi Ashram, home of India’s pre-eminent independence leader, Mahatma Gandhi.

The visit will close with a press conference to be addressed by Adesina and by the Chief Minister of Gujarat State, Vijay Rupani.

India, a key member of the 24 non-regional member countries of the Bank Group, joined the African Development Fund (ADF), the concessional arm of the AfDB in 1982, and the African Development Bank a year later.

Members of the AfDB delegation include the Executive Director for Finland, Norway and India, Karine Isaksson; the Secretary-General, Vincent Nmehielle; Nnenna Nwabufo, Deputy Director General, East Africa Regional Development and Business Delivery Office; and Kapil Kapoor, Director, Strategy, among others.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

LCCI: Nigeria Must Adopt Reforms to Unlock Fintech Potential, Lead Digital Financial Hub in Africa

L-R: Prince Cookey, Publisher/Editor-in-Chief, Business Journal Media Group; Mr....

SEC DG: Capital Market Has Capacity to Fund Abuja Infrastructure Projects

Dr. Emomotimi Agama Director-General Securities and Exchange Commission (SEC) The Director-General of...

Mutual Benefits: Shareholders Back Strategic Growth Direction at 30th AGM

Historic 30th AGM: L-R: Managing Director/CEO, Mutual Benefits Life...

NGX, Brazilian Business Delegation Explore Areas of Collaboration, Partnership

WELCOME REMARKS BY ALHAJI (DR.) UMARU KWAIRANGA GROUP CHAIRMAN,...

Leadway’s Post-Recapitalisation Signals Era of Digital-First Insurance for Critical Sectors and Nigeria’s Next Generation

Leadway Assurance, Nigeria’s foremost insurance services provider and a...

Topics

Kachikwu Removed as NNPC GMD, Remains Minister

Dr. Ibe Kachikwu has been removed as Group Managing...

CBN Gov, Cardoso, Hails AU Decision on African Monetary Institute, Central Bank

The Governor, Central Bank of Nigeria (CBN), Mr. Olayemi...

‘Global Cancer Deaths Top 10m in 2018, 18m New Cases’

The Mass Medical Mission is set to launch its...

3 Modular Refineries Ready for Business in 2019

The Minister of State for Petroleum Resources, Dr. Ibe...

ITU Ranks Nigeria High in Digital Transformation Readiness

A new report of the International Telecommunication Union (ITU),...

How MVNOs Can Unlock Opportunities in Nigeria’s Telecom Amid Challenges

 By Elvis Eromosele Phenomenal is one word that has been...

RHUCE Taps into Africa’s $3b Creator Economy with New Monetisation Platform 

RHUCE, a new social platform designed for African creatives,...

Book Review: Cyber Politics – Social Media, Social Demography and Voting Behaviour in Nigeria

  Title: Cyber Politics – Social Media, Social Demography and Voting...
spot_img

Related Articles

Popular Categories

spot_imgspot_img