June 13, 2025
Lagos, Nigeria
Headlines

Annual Meeting: Over 6,000 Delegates Gather in Abidjan for AfDB Election

No fewer than 6,000 delegates have converged in Abidjan for the African Development Bank (AfDB) Group’s 2025 Annual Meetings and a key highlight of the meetings will be the election of a new President to succeed Dr Akinwumi Adesina, whose second five-year term ends on August 31.

The event, which opens toaday marks the opening of strategic discussions with the theme: “Making Africa’s Capital Work Better for Africa’s Development.”

Participants include African Heads of States and Governments, Finance Ministers, Central Bank Governors, private sector leaders, development partners, and civil society representatives, among others.

The theme calls for stronger mobilisation of Africa’s vast human, financial, and natural capital to drive inclusive growth, economic transformation, and sustainable development across the continent.

According to the event programme, the meetings come amid major shifts in global trade, with 47 African countries affected by new U.S. tariffs and adjustments to development financing flows.

“In this context, participants are expected to deliberate on strengthening regional markets, deepening value chains, and positioning Africa as a self-sustaining global player.

“Sessions throughout the week will address financing infrastructure, climate action, food security, digital innovation, and private sector engagement.’’

Report gathered that outcomes from the meetings will help guide policy frameworks, partnerships, and investment strategies that reflect Africa’s evolving economic landscape.

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