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Development in Africa - Call for AfDB Capacity Building

27/08/2020
Source : AllAfrica
Categories: Sectors

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The Minister of Finance, Aymane Benabderrahmane, called, during his participation, by videoconference, in the annual meetings of the African Development Bank Group (AfDB), held on August 26 and 27, for the strengthening of institutional and organizational capacities. form the bank.

The Minister, who was speaking as Governor of Algeria to this regional institution, welcomed, during his speech in the context of the governors' dialogue, the "commendable efforts of the AfDB towards Africa" in reiterating "Algeria's support for this institution, as a key player for the development of the African continent", indicates a press release from the ministry.

On another level, the Minister indicated that the gender issue should occupy a central place in the AfDB's development strategy. He thus called on the Bank to deploy more efforts for a better representation of women, particularly at the level of the senior management of this institution.

The official opening of the AfDB's 2020 annual meeting was ensured by Alassane Ouattara, President of the Republic of Côte d'Ivoire, the country currently chairing the Board of Governors of the Bank Group.

The theme chosen for this meeting is "better rebuild Africa after the Covid-19 pandemic".

Under these annual meetings, the Minister of Finance took part in the various sessions of the Boards of Governors, the first of which was devoted to the examination of the activities of the AfDB Group as well as the adoption of the annual reports of the activities financial, informs the press release.

The second session of the Boards of Governors in which Mr. Benabderrahmane took part was devoted to the dialogue between the President of the AfDB and the Governors.

This meeting provided an opportunity for all the Governors of the ADB to discuss with the President and the Senior Management of this institution on the progress made by the Bank in the context of the implementation of the priority reform program, in place under the 7th general capital increase, adopted in October 2019.

During the Governors' dialogue with the President of the AfDB, which took place in the context of the global Covid-19 pandemic, discussions focused in particular on ways and means to maximize the operational impact of the Bank's interventions. on the continent, strengthen the institutional capacities of this institution and ensure its long-term financial viability.

In this context, the Minister was responsible for ensuring that the voting process takes place in accordance with the Regulations governing the election of the President of the Bank.

At the end of this election, Dr. Akinwumni A. Adesina, the current President of the AfDB, of Nigerian nationality, and the only candidate proposed, was elected unanimously and was thus reappointed to head this institution for a second term of 5 years, specifies the same source.

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