President El-Sisi Meets President of African Development Bank Group
Today, President Abdel Fattah El-Sisi met with the President of the African Development Bank Group, Dr. Akinwumi Adesina, and his accompanying delegation, which included Vice President of the Bank Kevin Urama and Secretary General of the Bank Vincent Nmehielle. From the Egyptian side, Governor of the Central Bank of Egypt Mr. Hassan Abdallah, Deputy Governor for Monetary Stability Mr. Rami Aboul Naja, and Deputy Governor for External Affairs Ms. Mannullah Farid attended the meeting.
The Spokesman for the Presidency, Counselor Ahmed Fahmy, said President El-Sisi welcomed the development of cooperation between Egypt and the African Development Bank, and expressed appreciation for the Bank’s role in supporting the development sectors in Africa, particularly in light of the growing economic challenges at the international level. The President also affirmed that Egypt looked forward to continuing and increasing cooperation with the Bank in the coming period in various areas, within the framework of the common strategic goals between the two sides.
The president of the African Development Bank lauded Egypt’s development experience over the past few years, describing it as a source of great inspiration for African peoples across the continent and adding that the Egyptian people and their political leadership have demonstrated great capacity for rapid advancement and accomplishment of many important achievements. He noted achievements made across many development sectors mainly electricity, water treatment, the development of unplanned residential areas, as illuminating examples and models of development progress benefiting large segments of the population.
Dr. Adesina said he was pleased that Egypt would host the Bank’s annual meetings in Sharm El-Sheikh in May. The meeting would focus on encouraging continental economic integration, as well as mechanisms to close the African continent’s climate finance gap. President El-Sisi expressed Egypt’s full support for the Bank and its annual meetings and affirmed Egypt’s constant interest to promote the interests of Africa in all its forms and at all levels.
