The Finance Minister, Ken Ofori Atta has ended his term as the Chairperson of the Board of Governors of the African Development Bank (AfDB) Group after two consecutive years.
Mr Ofori Atta, in his remarks, expressed gratitude to stakeholders of the bank for their cooperation and support during his tenure and urged the Board of Directors, Management and Staff to continue to work diligently towards the speedy completion of the 10 –year strategy as well as its implementation to achieve green, sustainable, and inclusive development across the African continent.
The strategic plan, which was adopted at the just ended the 57th Annual Meetings in Accra, aims to drive investment into critical areas of the African economy and make the continent prosperous.
It will be implemented from 2022 to 2032 with a focus on agriculture mechanization, value addition and exportation, just and realistic energy transition and private sector investment.
Other pillars of the plan include security, debt management, financial stability mechanism, and leveraging the $25 billion equity of the African Development Fund (ADF) on international capital markets.
He also expressed gratitude to stakeholders of the bank for their cooperation and support during his tenure.
Mr Ofori – Atta handed over to Tarek Amer, the Governor of the Central Bank of Egypt, at the closing ceremony of the AfDB Annual General Meeting (AGM).
He further called for more support to make the Bank a strong pillar for more support to make the Bank a strong pillar of growth for African economies.
The meetings hosted by Ghana also coincided with the 50th anniversary of the African Development Fund, which also saw the signing of the Accra declaration by President Akuffo -Addo.
-Finance Minister
