A high-level African Development Bank (AfDB) delegation, led by President Akinwumi Adesina, is set to join global leaders at the 7th Tokyo International Conference on African Development, TICAD7 this week.
TICAD7, hosted by Japan and co-organised by the United Nations Office of the Special Advisor on Africa (UN-OSSA), and the United Nations Development Programme (UNDP), aims at “promoting high-level policy dialogue between African leaders and development partners”.
While in Japan, President Adesina will address the second plenary session of TICAD on the theme: ‘Accelerating Economic Transformation and Improving Business Environment Through Innovation and Private Sector Engagement’.
A major announcement is expected in support of the Enhanced Private Sector Assistance (EPSA) Initiative, an innovative, multi-component, multi-donor framework.
The initiative seeks to support development to meet the infrastructure needs of Africa, with a special focus on the private sector.
Several other engagements are also scheduled for Adesina and senior Bank management, including an International Finance Corporation/African Development Bank side event: ‘The Digital Africa 2020 and Japanese investment Panel: Creating markets to digitise Africa’, and a side event co-hosted by the World Food Programme and the African Union Commission on ‘Strategic investments in Africa: Food security, human capital, sustainable agriculture, innovation and private sector partnership’.
The Bank’s senior management attending TICAD7 include, Dr Celestin Monga, Bank’s Chief Economist and Vice President, Economic Governance and Knowledge Management; Dr Jennifer Blanke, Vice-President, Agriculture, Human and Social Development; Bajabulile ‘Swazi’ Tshabalala, Vice President for Finance and Chief Finance Officer; and Khaled Sherif, Vice-President, Regional Development, Integration and Business Delivery.