
๐๐๐ข๐๐ฃ๐๐ง- The Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan, has departed Liberia at the head of a high-level delegation to participate in the 2025 Annual Meetings of the African Development Bank (AfDB), to be held in Abidjan, Cรดte dโIvoire from May 26 to 30.
Minister Ngafuan is accompanied by the Deputy Minister for Economic Management, Hon. Dehpue Zuo.
The delegation will represent Liberia in key engagements during the meetings, which bring together policymakers and stakeholders from across the African continent and beyond.
According to a dispatch, a central focus of this yearโs gathering will be the election of a new president for the African Development Bank Group. This comes as the current president, Dr. Akinwumi A. Adesina, concludes his second five-year term.
In addition to plenary sessions, Minister Ngafuan is expected to engage in a number of bilateral and multilateral discussions on the sidelines of the meetings.
Notably, he will meet with the Head of the Africa Water Facility on Monday. At that meeting, the Managing Director of the Liberia Water and Sewer Corporation Hon. Mohammed Ali will join the team. The African Water Facility headquartered in Abidjan mobilizes and deploys financial and human resources to ensure water security in Africa, and thus contribute to the achievement of the targets and objectives set by the African Water Vision for 2025 and the Sustainable Development Goals โ 2030.
Minister Ngafuan has also been invited in his capacity as Liberiaโs Governor to the AfDB to participate in a side event co-hosted by the Club de Madrid, under the theme: โDriving Africaโs Economic Future: Digital Transformation for Inclusive Growth and Governanceโ amongst other notable engagements.
Convened under the theme โMaking Africaโs Capital Work Better for Africaโs Development,โ this yearโs meetings will emphasize strategies to harness the continentโs financial, human, and natural capital in support of inclusive, resilient, and sustainable development.
Participants will also explore opportunities for enhanced partnerships and external financing to support Africaโs long-term transformation.