African Development Bank head Dr. Akinwumi Adesina will be coming to Sandton as part of a three-day official visit to South Africa.
- The African Development Bank Group (AfDB) is considered to be Africa’s premier development finance institution.
- On the ground in 37 African countries, the AfDB contributes to the economic development and the social progress of its 54 regional member states.
- Adesina hosted the AfDB’s AFRICA INVESTMENT FORUM (AIF) twice in Sandton – last in November 2019 at the Sandton Convention Centre.
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Adesina will meet South African President Cyril Ramaphosa, and various government and industry leaders to discuss important global and regional concerns, the African Development Bank Group’s development agenda, and South Africa’s potential for increased trade and investment with the rest of Africa.
This week, Adesina will be speaking at the opening ceremony of the South Africa Investment Forum in Sandton, hosted at the Sandton Convention Centre.
Senior officials of the African Development Bank will join Adesina in South Africa including Senior Vice President Bajabulile Swazi Tshabalala, Solomon Quaynor, Vice President, Private Sector, Infrastructure & Industrialization, Yacine Fal, Acting Vice-President, Regional Development, Integration, and Business Delivery, Kevin Kariuki, Vice President for Power, Energy, Climate and Green Growth and Director General for the Southern Africa region, Leila Mokaddem.
The African Development Bank Group’s active portfolio in South Africa comprises 23 operations with a total commitment of about $4.5 billion in financing. Since 1997, the African Development Bank has invested nearly $7 billion in South Africa in energy and infrastructure.
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