ABIDJAN, Côte d’Ivoire, on the 31st of August 2018 – The President of the African Development Bank, Dr. Akinwumi Adesina, will lead a delegation to the Forum on China–Africa Cooperation (FOCAC 2018), which will take place in the Chinese capital Beijing from 3 to 4 September 2018.
The theme of this year’s summit, which will be chaired by Chinese President Xi Jinping, is: “China and Africa: toward an even stronger community with a shared future through win-win cooperation.”
The Bank President will be actively involved in the plenary sessions, and other private sector and media engagements on the sidelines of the summit. They include the Welcome Reception, the Opening Ceremony of the High-level Dialogue between Chinese-African Leaders and Business Communities, and the 6th Conference of Chinese and African Entrepreneurs.
FOCAC leaders, members and representatives of related regional and international organizations in Africa and beyond, will also be attending the Forum.
On Tuesday, 4 September 2018, President Adesina will participate in the High-level Dialogue between Chinese-African Leaders and Business Communities and the 6th Conference of Chinese and African Entrepreneurs. He will also join a panel session of public and private sector leaders discussing the topic, “Advancing Industrial Cooperation for Win-Win Development”.
The Bank President will use the opportunity provided by the Summit to engage with key international partners of the Bank – senior officials of the Chinese government and Chinese-African business and commercial leaders. He will also meet senior Chinese officials in the banking sector.
The engagements will offer the chance to promote the Bank’s High 5 priorities for Africa and to pitch the investment case for Africa. The Bank is planning a landmark investment marketplace event in November 2018 in Johannesburg, South Africa to attract investment and capital for development projects in Africa.
The Africa Investment Summit (AIF) will convene project sponsors, borrowers, lenders and investors, necessary for accelerating investments in Africa. The three-day transactional event will unite global pension funds, sovereign wealth funds and other investors. The AIF will also bring together a network of financial institutions with instruments to de-risk the selected investment opportunities.