African Development Bank Group President Akinwumi Adesina to visit Morocco

ABIDJAN-African Development Bank Group President Dr. Akinwumi A. Adesina will travel to Morocco next week on a four-day visit to the Kingdom. 

The African Development Bank Group has invested in Morocco more than €12 billion in 50 years. 

“We deeply value our partnership with the Kingdom of Morocco,” Adesina said. “It is a country with a large portfolio of top-tier operations that position it as a leader in multiple domains on the African continent.” He added: “Morocco has demonstrated how visionary leadership, determination and good resource management can combine to make for sound economic and development transformation.” 

On 19 July, Adesina will attend the General Meeting of Africa50(link is external), a pan-African infrastructure fund based in Casablanca. It is an initiative of the African Development Bank Group. Adesina will be there in his dual role as President of the African Development Bank Group and as Chair of the Board of Directors of Africa50. 

Adesina will also participate in the United States-Africa Business Summit, which begins on 19 July in Marrakesh, under the theme "Building Forward Together." 

The Bank President will meet with senior officials and private sector operatives during his visit. He will also meet with some of the Bank’s key development partners. 

Accompanying Adesina will the Bank’s Vice-President for Regional Development, Integration and Business Delivery, Yacine Fal, and the Group’s Vice-President for the Private Sector, Infrastructure and Industrialization, Solomon Quaynor. 

The African Development Bank Group has been operating in Morocco for more than 50 years. Its portfolio is worth more than €12 billion, covering health, agriculture, energy, water, transport, human development and the financial sector.