AfDB Annual General Meeting currently underway

Dr Sakala

Dr Sakala

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THE African Development Bank (AfDB) 2015 Annual General Meeting (AGM), which began yesterday and will run until Friday, is currently underway in Abidjan, Cote d’Ivoire.

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The AGM – running under the theme “Africa and the new global landscape” – will focus on Africa’s economic concerns such as trade and regional integration, infrastructure, private sector development, job creation and governance.

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Members will also have the opportunity to reflect on the AfDB’s 50-year contribution to the development of Africa.

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Finance ministers and central bank governors from the bank’s 54 member countries and representatives from 26 non-regional member countries are in attendance.

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Traditionally, the AGM attracts delegates from multilateral finance institutions, development agencies, the private sector, non-governmental organisations and civic society.

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A new AfDB president is expected to be elected at the AGM.

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Zimbabwe’s Dr Thomas Zondo Sakhala is one of the eight candidates vying for the AfDB presidency, replacing Dr Donald Kaberuka of Rwanda.

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If elected, Zimbabwe will be at its most powerful, diplomatically, controlling most levers of continental power, after President Mugabe was elected chair of the African Union (AU).

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He also leads the regional block, SADC.