Morocco participates in AfDB annual meetings in Egypt

Minister of Economy and Finance, Nadia FettaMorocco is participating in the 58th annual meetings of the African Development Bank (AfDB) from 22 to 26 May 2023 under the leadership of a delegation. Sharm el-Sheikh. As AfDB Governor for the Kingdom of Morocco, Ms. FETA will participate in this year’s Governors’ Dialogue, which will focus on the ongoing transformation of the international financial architecture and how this evolution can reshape the central role of institutions. multilateral. Ms. Fetta will hold bilateral discussions with her colleagues participating in this year’s meetings, this year on “Climate and Private Sector Fundraising for Climate Green growth Inside Africa“.

At this 58th meeting, the Governors of the AfDB Group are considering how to more strongly mobilize the private investment needed for Africa to achieve its urgent climate change adaptation and mitigation goals. The overall theme of this edition reflects the growing urgency expressed by African leaders for a significant acceleration of efforts to limit temperature increase to 1.5°C by 2100. This is an imperative to protect the most vulnerable countries, especially those on the African continent. Annual meetings are the most important event of the AfDB.

They bring together around 3,000 delegates and participants every year. They allow the Institute, together with its stakeholders, to review progress and create a unique forum for representatives of governments, businesses, society, civil society, think tanks, universities and the media to discuss key issues related to Africa’s development. .