Egypt's hosting of African Development Bank meetings.. adventure

The Egyptian state has made great efforts to support the integration and development of the countries and institutions of the African continent through continuous cooperation on a permanent basis.

This is what is happening now at the annual meetings of the African Development Bank Group, which was hosted by the Central Bank of Egypt under the auspices of President Abdel Fattah El-Sisi in Sharm El-Sheikh.

African Development Conference

Egypt hosting its first event for the African Development Conference, where it organized a symposium entitled "Mobilizing Blended Finance to Facilitate Green Transformation in Emerging Economies."

  The African Development Community is a group of regional and international banks and financial institutions working to finance and implement development projects in the African continent.

This group includes the African Development Bank, the African Export-Import Bank, the African Development Bank, the African Development Fund and other institutions.

  Issues in the African continent

 In light of the challenges facing most countries of the African continent, which requires encouraging the private sector to direct more financing to environmentally friendly projects and shift from Existing investments for actual capital-based investments and strengthening partnership between the public and private sectors.

Among the most important objectives of the annual meetings of the African Development Group is to strengthen cooperation and coordination between these institutions and African governments and to strengthen strategic partnerships with the private sector and civil society.

The aim of these meetings is to define strategic priorities for development in the African continent and to exchange experiences, good practices and innovations in the field of finance and development.

It is an opportunity to assess the performance of regional financial institutions, coordinate between them, and identify needs, challenges, and opportunities to develop the financing and development sector in the African continent.

These meetings constitute an opportunity to enhance cooperation and coordination between regional and international financial institutions, African governments and strategic partners, and to build strong partnerships to finance and implement development projects in the African continent.