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AfDB participates in 2017 World Economic Forum on Africa
The African Development Bank is participating in the World Economic Forum on Africa in Durban, South Africa, from May 3-5. The delegation will be led by Jennifer Blanke, Vice-President for Agriculture, Human and Social Development, and will comprise Pierre Guislain, Vice-President for Private Sector, Infrastructure and Industrialization, and Amadou Hott, Vice-President for Power, Energy, Climate and Green Growth.
This year’s forum, which focuses on the theme “Achieving inclusive growth through responsive and responsible leadership”, will explore ways in which Africa can leverage on its technological revolution to achieve inclusive economic growth.
Key events in which the Bank’s delegation is participating include the Africa Investor (Ai) CEO Infrastructure Project Developers Summit, held this year in association with Africa50. The summit is an annual CEO gathering of Africa’s top project developers, co-developers, infrastructure investors and policy makers to promote the industry, forge partnerships and advance critical projects.
The Bank’s delegation is participating in panel sessions at the Initiative for Global Development (IGD) Frontier 100 Forum focusing on agribusiness, skills development for job creation and industrialization-sessions very aligned with the Bank’s High 5s.
Pierre Guislain will deliver a keynote address on the role of the private sector in driving inclusive growth in Africa.
In addition the delegation is participating in events on strengthening the G20 partnership with Africa. The delegation is also using the forum to engage different stakeholders, particularly the private sector and financial institutions, to explore opportunities for co-financing and syndication, given the huge financing needs of the High 5s.
Co-chaired by Winnie Byanyima, Executive Director of Oxfam; Siyabonga Gama, CEO of Transnet; Frederic Lemoine, Chairman of Wendel; Rich Lesser, Global CEO of BCG; Ulrich Spiesshofer, ABB President & CEO, the World Economic Forum on Africa taking place in Durban comes one year after the 2016 edition held in Kigali, Rwanda, for which the Bank’s President, Akinwumi Adesina, was a Co-Chair.