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Food, climate and a just energy transition: Round-up from the 2022 African Development Bank Annual Meetings

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On this particular round-up episode, we converse to 3 distinguished attendees of the 2022 African Improvement Financial institution Annual Conferences. The theme, “Attaining Local weather Resilience and a Simply Power Transition for Africa”, options all through as our friends speak us via their hopes, fears and aspirations for growth on the continent.

President Nana Akufo-Addo of Ghana addresses the opening ceremony of the AfDB Annual Conferences in Accra on 24 Could 2022.

Attracting extra finance to Africa

Omar Ben Yedder, group writer and managing director at IC Publications, kicks off along with his tackle the Annual Conferences. He relays the challenges of attracting extra growth finance to the continent amidst myriad financial and monetary pressures, offers us his highlights from the African Banker Awards and displays on the upbeat, defiant tone of this 12 months’s conferences (take heed to minutes 2:12-14:48 of the podcast).

Solomon Quaynor and Yacine Fal at the AfDB Annual Meeting in Accra.
Solomon Quaynor, vice President for personal sector, infrastructure, and industrialisation and Yacine Fal, performing vice chairman, regional growth, integration and enterprise supply, participate in a panel on the AFDB Annual Conferences in Accra. 

Closing Africa’s infrastructure hole

Solomon Quaynor, African Improvement Financial institution vice chairman for personal sector, infrastructure and industrialisation, highlights Africa’s enormous infrastructure hole, laying out a strategic imaginative and prescient for a collection of linked, transcontinental initiatives to assist compress worth chains and drive industrialisation.

He additionally speaks in regards to the so-called “African threat premium“, claiming that the maturation of the continent’s monetary structure alongside the robust efficiency of present investments might imply this premium is lastly eroding (take heed to minutes 14:48-41:02 of the podcast).

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Professor Kevin Urama, AfDB performing chief economist (left) and Dr Kevin Kariuki, vice chairman for energy, power, local weather and inexperienced development, current the Financial institution’s African Financial Outlook for 2022 on the Annual Conferences in Accra.

Combating local weather change and forging a brand new financial course for Africa

Professor Kevin Urama, the Financial institution’s performing chief economist, rounds out the episode with a wide-ranging overview of financial and environmental developments on the continent. He’s frank in regards to the existence of a “triangle of catastrophe”, however is constructive that Africa’s monetary establishments and mechanisms, in addition to its strong productive base, make it extra economically resilient than many suppose.

He speaks passionately and urgently about the specter of local weather change, and descriptions a framework for the decoupling of financial progress from environmental degradation. He concludes with a problem – for Africa to chart its personal financial course (take heed to minutes 41:03-1:25:04 of the podcast).

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Host: Angus Chapman

Govt producer: Dr Desné Masie

Co-producer: Peter Doerrie

Researcher: Angus Chapman

Digital Editor: Charles Dietz

Design: Jason Venkatasamy

Music: Company Uplifting Chill by MusicLFiles

Licence: http://creativecommons.org/licenses/by/4.0/

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