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AfDB, others to promote African development


The African Development Bank plans to meet with global leaders to deliberate on development initiatives for Africa.

The President, AfDB, Akinwumi Adesina, would lead a delegation of the bank to join global leaders at the 7th Tokyo International Conference on African Development this week.

TICAD7, hosted by Japan and co-organised by the United Nations Office of the Special Advisor on Africa, and the United Nations Development Programme, aimed at promoting high-level policy dialogue between African leaders and development partners.

A statement said a major announcement was expected in support of the Enhanced Private Sector Assistance initiative, an innovative, multi-component, multi-donor framework.

The initiative sought to support development to meet the infrastructure needs of Africa, with a special focus on the private sector.

African leaders and key business leaders from around the world are scheduled to attend, providing an opportunity to explore investment opportunities.

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