Monday, December 23, 2024
21 C
Lagos

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

Hot this week

PenCom Targets N22tn Pension Contributions by End 2024

The National Pension Commission (PenCom) says it expects pension...

PalmPay, Jumia Launch Holiday Campaign to Reward Users

This holiday season just got a whole lot more...

Adekunle Gold, Wande Coal, Young Jonn Set to Thrill Fans at Lagos Shopping Festival

Lagosians are in for the most exciting music extravaganza...

Mediacraft Associates Continues to Blaze the Trail in Awards

  Group CEO Voted ‘Legend of Marketing Comms’ John Ehiguese, CEO...

Committee of Banks in Nigeria Donates Multimillion Naira Relief Materials to Jigawa Flood Victims

The Committee of Banks in Nigeria on Thursday lifted...

Topics

NSE Renews Onyema’s Contract for a 2nd Five-year Term

The Nigerian Stock Exchange has approved the renewal...

Xenophobia Row Exposes Rivalry Between Nigeria, South Africa

The recall of Nigeria’s top diplomat after a spate of xenophobic attacks in South Africa follows several similar spats that expose the two countries’ deep rivalry for economic and political dominance in Africa. Nigeria’s Acting High Commissioner to South Africa Martin Cobham said he had been “invited” to Abuja to discuss this month’s anti-immigrant attacks in South Africa, which have killed at least seven people. Televised images of armed gangs attacking immigrants and looting foreign-owned stores in Johannesburg have sparked a backlash in Nigeria, where hundreds protested in front of shops owned by South African brands like MTN and Shoprite.

Moniepoint Strengthens Efforts to Broaden Financial Access Through Collaborative Initiatives

Africa’s fastest growing financial institution according to the Financial...

FBS Re, Munich Re Conducts Reinsurance Training Program for Insurers, Brokers in Africa

From left: Head of Information Technology, FBS Reinsurance, Shuaibu...

SCIB & Company New Party 2017

From left; Messrs Eddy Igbiti, Group Managing Director, AIICO...

Coscharis, Ford Unveil Sponsorship for Season 5 of The Next Titan

(L-R) Mr. Abiona Babarinde, General Manager Marketing and Communications...

NNPC Woos South Korean Investors for Gas Projects

The Nigerian National Petroleum Company Limited (NNPC) has held...

Africa, ME Banks Spent $13bn on ICT in 2019

  Africa and Middle East’s banking and finance industry spent...
spot_img

Related Articles

Popular Categories

spot_imgspot_img