African Development Bank Annual Meetings Set for May 23 at Accra

The 57th Annual Meetings of the Board of Governors of the African Development Bank and the 48th Meetings of the Board of Governors of the African Development Fund, the concessional arm of the Bank Group, will take place in Accra, Ghana from 23 to 27 May 2022.

This year’s meetings, which will be in a hybrid format, mark a return to in-person sessions following virtual meetings over the past two years. The physical sessions, including statutory meetings of Governors of the Bank and knowledge events, will take place at the Accra International Conference Centre.

The theme of the 2022 Annual Meetings is “Achieving Climate Resilience and a Just Energy Transition for Africa”. During the event, leaders of the Bank Group’s regional member countries will discuss the nature of the support they need from global development partners, as well as the estimated cost of building resilience and a just energy transition for their economies.

The theme of the 2022 Annual Meetings aligns with the 27th session of the United Nations Climate Change Conference (COP27) slated for Egypt in November this year.

Africa is the continent most vulnerable to climate change, despite its negligible contribution to greenhouse gas emissions. The surface temperature of the continent has already risen faster than the world average. Similarly, over 600 million Africans, the most of whom live in rural regions, lack access to electricity, and 900 million do not have access to clean cooking facilities. Apart from deforestation, four out of every five Africans cook with solid biomass, resulting in an estimated 600,000 fatalities per year due to indoor air pollution.

The Annual Meetings are the Bank Group’s most important event, attracting around 3,000 delegates and attendees yearly. The meetings allow the organization to take stock of progress with its shareholders. They also provide a unique forum for representatives of governments, businesses, civil society, think tanks, academia, and the media, to discuss key issues concerning Africa’s development.

spot_img
spot_img
spot_img
spot_img

Hot this week

What Every Brand, Tourism Board, Communications Leader Can Learn from Ojude Oba 2026

The Ojude Oba Festival is no longer merely one...

Understanding Why Corporates Need Credit Rating

As we transition into the second half of 2026,...

SERAP Sues NNPCL Over Alleged ‘Failure to Account for N5.9bn Rebranding Cost’

The Socio-Economic Rights and Accountability Project (SERAP) has filed...

RMB Supports Ministry of Finance Nigeria in Unlocking Regional Trade

RMB recently played a central role in concluding a...

Obasanjo Calls for National Drive to Develop Nigeria’s Adire Industry at Ecobank Adire Lagos Experience

Former President of Nigeria, Olusegun Obasanjo, has called for...

Topics

PenCom Debunks Allegation of Financial Impropriety Against its DG

Management would like to alert the public to the...

SVP 2021-2025 is Catalyst for 5G, Broadband Penetration, Telecom Infrastructure-Danbatta

The Nigerian Communications Commission (NCC) says its Strategic Vision...

 CBN Approves Stanbic IBTC’s Executive Management Promotions

Demola Sogunle Chief Executive Stanbic IBTC Holdings PLC The Central Bank of...

Gambian Minister Applauds Nigeria’s Strides in Telecom Regulation

The Gambian Minister of Communications and Digital Economy, Ousman...

Commonwealth Candidate, Masambu, Elected DG of ITSO

Patrick Masambu, a Uganda citizen and former chairman of...

Dangote Launches Graduate Rice Farming Project

A multi-million Naira Youth Farming Initiative that will engage...

Stanbic IBTC: Customers to Win N1m in Savings Campaign  

As part of its commitment to promoting a savings...

Africans Risk Poverty, Hunger from Rising Temperature

Yesterday, the Intergovernmental Panel on Climate Change released a...
spot_img

Related Articles

Popular Categories

spot_imgspot_img