The 59th Annual Meeting of the Board of Governors of the African Development Bank and the 50th Meeting of the Board of Governors of the African Development Fund will take place at the Kenyatta International Conference Center in Nairobi, Kenya from 27–31 May 2023. The African Development Fund is the concessional arm of the Bank Group.
The theme of the 2024 Annual Meetings is Africa’s Transformation, African Development Bank Group, and Reforms of the Global Financial Architecture.
The Annual Meetings comprise Member States’ invitation-only sessions, closed bilateral meetings, as well as events open to all attendees, including the Press. They provide a forum for Bank Group Governors to share their experiences with managing a mounting burden of public debt, which has surged following the global economic shocks of the last few years.
Also likely to be high on the agenda is the lack of climate finance for African priorities and the high cost of capital to invest in sustainable infrastructure for green growth and a just energy transition.
The Annual Meetings provide an opportunity for reflection on the African Development Bank Group’s commitment to accomplishing its mission of developing the African continent and improving the lives of its people.
The Annual Meetings of the African Development Bank Group comprise statutory meetings of its Governors (finance ministers or central bank governors representing the 81 member countries) and knowledge events. Attendees will include representatives of bilateral and multilateral development agencies, leading academics and non-governmental organisations, civil society, and the private sector.
The meetings are the Bank Group’s most important event annually, attracting around 3,000 participants. They allow the organisation to take stock of progress with its shareholders.
Specific information about registration and participation in the Meetings will be posted in due course on the Annual Meetings webpage, accessible through the Bank’s official website: www.afdb.org. Registration for the Annual Meetings will open on 1 March 2024 and close on 15 May 202