2018 Annual Meetings focus on accelerating Africa’s industrialization


Final preparations are underway for the 2018 Annual Meetings of the African Development Bank Group on May 21-25, 2018, in Busan, Korea, addressing “Accelerating Africa’s Industrialization.” On May 22 and 24, in tandem with the Annual Meetings, the 2018 Korea-Africa Economic Cooperation (KOAFEC) Conference will address, “Africa and the 4th Industrial Revolution: Opportunities for leapfrogging?”

Industrialize Africa is one of the Bank’s High 5 priorities to speed up the continent’s development. As Bank President, Akinwumi Adesina states, “The secret of the wealth of nations is clear: developed nations add value to everything they produce, while poor nations export raw materials. Africa must quit being at the bottom of the global value chains and move rapidly to industrialize,…

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