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AfDB to hold its next annual meet in India
April 11, 2017, 12:28 pm

The President of the African Development Bank Group (AfDB) Akinwumi Adesina made a four-day official visit to India last week to engage with authorities there and review facilities being put in place for the Bank’s 2017 Annual Meetings. The bank’s yearly flagship event is scheduled to take place in Ahmedabad, in the western Indian state of Gujarat, from 22 to 26 May, 2017.

During his visit, Mr. Adesina and the accompanying AfDB team met and held discussions with Indian Prime Minister Narendra Modi, Finance Minister and AfDB Governor for India, Arun Jaitley and other key members of the Indian Government, as well as with members of the African diplomatic corps in New Delhi.

They visiting delegation also attended an interactive session on the Bank's High 5 development priorities and conferred with the Managing Director of the Export-Import Bank of India and participated in the opening ceremony of the 2nd Annual Meeting of the New Development Bank (NDB) set up by the BRICS countries (Brazil, Russia, India, China and South Africa) for infrastructure development.

As part of the itinerary, the AfDB team visited Ahmedabad on 2 April where they were met by Chief Minister of Gujarat State, Vijay Rupani. The delegation also visited Mahatma Mandir International Conference Centre in Gandhinagar, the main venue of the Annual Meetings and the Gandhi Ashram in Sabarmati, home of India's preeminent independence leader, Mahatma Gandhi.

India joined the African Development Fund (ADF), the concessional arm of the AfDB in 1982, and the AfDB a year later. The country is a key member of the institution's 24 non-regional member countries, which support the ADF. New Delhi continues to strengthen its relations with Africa, accounting for investments estimated at US$7.4 billion for the implementation of projects across Africa.

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