The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more
Representatives of the AfDB, the AU Commission, the World Bank, NEPAD Secretariat and those of 12 RECs met in Cape Town to discuss ways of strengthening the capacity of RECS and key regional bodies with a view to promoting and leading efforts aimed at fostering regional integration within sub-regions and across the continent. The meeting characterized by influential comments from the RECs, extensive discussions, occasional humor, and powerpoint presentations by the AfDB and the World Bank, concluded with a consensus to engage the AU among other key actions. The RECs raised problems they were facing including governance, finance, and resource mobilization, which were addressed interchangeably by the WB and AfDB. The RECs and AfDB will consult with other donors on the institutional mechanism for implementing the initiatives.