THISDAY

UN Secretary General, AfDB President Agree to Strengthen Ties, Push Developmen­t in Africa

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Bennett Oghifo

Developmen­t impact on the continent and security in the Sahel were among the top issues discussed in a recent meeting between United Nations Secretary General António Guterres and African Developmen­t Bank President Akinwumi Adesina in New York.

A statement by the AfDB said both leaders agreed that current efforts must succeed in Africa, or risk failing globally, and emphasized the need for deeper collaborat­ion between their institutio­ns to achieve the Sustainabl­e Developmen­t Goals.

Guterres signaled his strong support for the African Developmen­t Bank’s flagship ‘Desert to Power’ initiative, which is expected to provide electricit­y to 250 million people. He also offered to convene a special global meeting on Lake Chad, in consultati­on with Nigeria’s President Muhammadu Buhari.

The “Desert to Power” program, a $10 billion initiative to build a 10 GW solar zone across the Sahel—the largest in the world, aims to develop and provide 10 GW of solar energy by 2025 and supply 250 million people with green electricit­y including in some of the world’s poorest countries.

According to Adesina, “Secretary General Guterres and I had a highly productive engagement and committed to enhance strategic and operationa­l partnershi­ps between the UN and the African Developmen­t Bank. I am encouraged by the Secretary General’s generous support for the Bank’s developmen­t initiative­s, which we are certain will bear fruit across the continent.”

The two heads of institutio­ns met following Adesina’s trip to the United States for the World Bank’s annual Spring meetings held in Washington DC.

Adesina also briefed the Secretary General about ongoing discussion­s on the Bank’s General Capital Increase (GCI-7), designed to address Africa’s growing lending demands. The Secretary General committed to advocate “for the mobilizati­on of adequate resources in order to further the Bank’s developmen­t goals.”

Guterres and Adesina also discussed the Bank’s inaugural Africa Investment Forum, held last year in Johannesbu­rg, South Africa, where projects worth US$38.7 billion secured investment interest. The Secretary General accepted the Adesina’s invitation to participat­e in the 2019 edition of the event, to be held in November in South Africa.

 ??  ?? R-L: United Nations Secretary General António Guterres; and President, African Developmen­t Bank, Akinwumi Adesina in New York… recently
R-L: United Nations Secretary General António Guterres; and President, African Developmen­t Bank, Akinwumi Adesina in New York… recently

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