By African Development Bank
ABIDJAN, Cote d’Ivoire , Oct 30 2019 (IPS-Partners)
The Board of Governors of the African Development Bank will hold its fifth extraordinary meeting on Thursday, 31 October 2019, at the Sofitel Abidjan, Hotel Ivoire. During the meeting, the Bank’s shareholders will make signification decisions, and a major announcement is expected.
The Board of Governors of the Bank represents the 80 members, including 54 countries of the African continent, and 26 across the Americas, Europe, the Middle East, and Asia.
About the Bank
The African Development Bank was established in 1964 by 33 African countries, many of which had only just achieved independence. Their objective was to have an African development finance institution to manage African issues and under African control, a role the Bank has effectively played since its inception. The Bank currently has 80 member countries, including the 54 states of the African continent, and 26 across the Americas, Europe, the Middle East, and Asia.
Apart from the Bank’s unique and central role in Africa’s economic transformation, it has several comparative advantages, with considerable experience and skill in: investing in quality infrastructure, strengthening Africa’s private sector, promoting regional integration, strengthening economic governance; and mobilizing development funds for Africa.
Media Contact: Alkassoum Diallo, Communication and External Relations Department, African Development Bank, email: firstname.lastname@example.org