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Saturday, July 13, 2024

Morocco’s Minister of Economy Takes Part in AfDB Annual Meetings

Minister of Economy and Finance, Nadia Fettah Alaoui, is participating in the Annual Meetings of the African Development Bank (AfDB) taking place on May 23-27 in Accra, Ghana.

The Moroccan official will hold bilateral talks with her counterparts attending these annual meetings, held under the theme “Fostering Climate Resilience and a Just Energy Transition for Africa.”

The 57th Annual Meetings of the AfDB and the 48th Meetings of its concessional window, the African Development Fund (ADF), will be attended by finance ministers and Central Bank governors from 54 regional member countries and 27 non-regional member countries of the AfDB Group.

These 57th assemblies, which mark a return to face-to-face meetings after the virtual meetings of the last two years, will be an opportunity to discuss ways to facilitate the energy transition of Africa in a context marked by climate change, whose impact is already remarkable on the countries of the continent.

The objective of these assemblies, whose theme is aligned with the 27th United Nations Climate Change Conference (COP27) scheduled to take place in Egypt in November, is to discuss ways to help African countries adapt to climate change, particularly through the mobilization of necessary resources.

The Annual Meetings are the AfDB’s most important event. They bring together about 3,000 delegates and participants each year.

They allow the institution to review progress with its shareholders and provide a unique forum for exchange on key issues affecting Africa’s development for representatives of governments, business, civil society, think tanks, academia and the media.

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