African Development Bank Group Launches 2023 African Economic Outlook (AEO) Report at Bank’s Annual Meetings | African Development Bank

What: Launch of the 2023 African Economic Outlook (AEO) report

WHO: Akinwumi Adesina, President of the African Development Bank; African finance ministers and central bank governors; and international development partners

When: Wednesday May 24, 14:00 – 15:30 Egyptian time (GMT+3)

Where: The capital, Sharm El Sheikh International Convention Center and online

The African Development Bank Group will launch the 2023 edition of its flagship African Economic Outlook (AEO) report on Wednesday, May 24 at its annual meetings in Sharm El Sheikh, Egypt.

Each year, the African Economic Outlook report provides compelling, up-to-date evidence and analysis that informs and supports policymakers in Africa, the private sector and the international community. The 2023 report has the same theme as the annual meetings: Mobilizing private sector finance for climate and green growth in Africa.

Despite repeated global conventions and compelling scientific evidence underlining the urgent need to address climate change, climate finance for developing countries, particularly in Africa, remains low and fragmented. This is a significant impediment to the continent’s climate ambitions and transition to a green economy to meet its sustainable development goals.

While Africa’s 2023 economic outlook highlights the challenges, the main focus is on opportunities to unlock private investment and know-how and tap the continent’s vast natural capital to mitigate climate change and accelerate the transition to green growth. stimulate.

The launch event consists of two segments: a presentation of the highlights of the report and a discussion of the findings.

Speakers/panelists

• Dr. Akinwumi AdesinaPresident, African Development Bank Group
• Kevin Chika UramaChief Economist and Vice President, Economic Governance and Knowledge Management, African Development Bank Group
• Mrs. Vera Daves de Sousafinance minister and governor of Angola
• Judge Hon. Andrew Mitchell MPMinister of State (Development and Africa) and Governor of the United Kingdom
• Mr. Emmanuel MoulinDirector General of the Treasury and Governor of France (TB)
• SHE Mr. Hassan Abdallahacting governor of the Central Bank of Egypt and the governor of the bank
• Mr Aliko DangoteChairman and Chief Executive Officer, Dangote Group (TB)
• Mr. Paddy Padmanathanformer President and CEO and member of the Board of Directors of ACWA Power
• Dr. Sultan bin Ahmed Al JaberPresident-designate COP28, United Arab Emirates Special Envoy for Climate Change and Minister of Industry and Advanced Technology

The African Economic Outlook is widely read by policymakers, academics, investors, development workers and the media.

In January 2023, the African Development Bank Group launched the first edition of Africa’s Macroeconomic Performance and Outlook, a comprehensive analysis of growth in the African region. This report is a supplement to the African Economic Outlook.

Live streaming will be available here.

Join the conversation using the hashtags #2023AEO and #AfricanEconomicOutlook2023