VIDEO: AfDB Debate: Transforming Agriculture For Wealth Creation in Africa
The 2017 African Development Bank’s Annual Meetings was held in Ahmedabad, India from 22 – 26 May 2017 themed “Transforming Agriculture for Wealth Creation in Africa”. For a discussion CNBC Africa’s Bronwyn Nielsen is joined by panelists including President of Senegal Macky Sall; Akinwumi Adesina, President, African Development Bank Group and Kenneth Quinn, President, World Food Prize Foundation.
The African Development Bank Group (AfDB or ADB) or Banque Africaine de Développement (BAD) is a multilateral development finance institution. The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund, and the Nigeria Trust Fund. The AfDB’s mission is to fight poverty and improve living conditions on the continent by promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC). While it was originally headquartered in Abidjan, Côte d’Ivoire, the bank’s headquarters moved to Tunis, Tunisia, in 2003, due to the Ivorian civil war; before returning in September 2014.