The 59th Annual Meeting of the Board of Governors of the African Development Bank and the 50th Meeting of the Board of Governors of the African Development Fund will take place at the Kenyatta International Conference Center in Nairobi, Kenya, from May 27 to 31, 2024.

President Kagame is scheduled to participate in a presidential dialogue on Wednesday, May 29, on the topic "Africa’s Transformation, the African Development Bank Group, and the Reform of the Global Financial Architecture."

The discussions will also feature Presidents William Ruto (Kenya), Faure Essozimna Gnassingbé (Togo), Emmerson Dambudzo Mnangagwa (Zimbabwe), and Joseph Nyuma Boakai (Liberia).

Other participants include Mohamed Younis Menfi, President of the Presidential Council of the State of Libya, Joaquim Alberto Chissano, the former President of Mozambique, and Moussa Faki Mahamat, Chairperson of the African Union Commission.

The panel discussion will follow the opening speech by Akinwumi Adesina, the president of the African Development Bank Group, and a keynote address by Muhammad Al Jasser, the chairman of the Islamic Development Bank.

During the dialogue, the leaders are expected to share their experiences on Africa’s transformation, financing Africa’s transformation, and present actionable strategies, policies, and interventions to fast-track the transformation of their countries for the benefit of their citizens.

“Financing Africa’s transformation is intimately intertwined with the need for reform of the global financial architecture. As Africa’s premier financial institution, the African Development Bank has a crucial role to play in driving the continent’s voice in these discussions,” ADB said in a statement.

The Annual Meetings comprise Member States’ invitation-only sessions, closed bilateral meetings, as well as events open to all attendees, including the press. They provide a forum for Bank Group Governors to share their experiences with managing a mounting burden of public debt, which has surged following the global economic shocks of the last few years.

The meetings also offer a forum for the delegates to examine the African Development Bank’s contribution to Africa’s socio-economic transformation.

About 3,000 delegates are expected at the event. The attendees include representatives of bilateral and multilateral development agencies, leading academics and non-governmental organizations, civil society, and the private sector.

The meeting will take place at the Kenyatta International Conference Center in Nairobi, Kenya, from May 27 to 31, 2024.