Liberia’s Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan, has departed Monrovia to lead a high-level delegation to the 2025 Annual Meetings of the African Development Bank (AfDB), scheduled to take place from May 26 to 30 in Abidjan, Côte d’Ivoire.
Minister Ngafuan is joined by the Deputy Minister for Economic Management, Hon. Dehpue Zuo. The delegation will represent Liberia in a series of high-level engagements with policymakers, financial institutions, and development partners from across the continent and beyond.
A key highlight of this year’s meetings will be the election of a new president of the African Development Bank Group, as incumbent Dr. Akinwumi A. Adesina concludes his second and final five-year term.
Minister Ngafuan is expected to engage in multiple bilateral and multilateral meetings on the sidelines of the event. Among these is a scheduled discussion with the Head of the Africa Water Facility on Monday. He will be joined by Hon. Mohammed Ali, Managing Director of the Liberia Water and Sewer Corporation, to discuss water infrastructure development and investment. The Africa Water Facility, headquartered in Abidjan, plays a critical role in mobilizing resources to achieve water security across the continent.
In his capacity as Liberia’s Governor to the AfDB, Minister Ngafuan has also been invited to a high-level side event co-hosted by the Club de Madrid under the theme: “Driving Africa’s Economic Future: Digital Transformation for Inclusive Growth and Governance.”
This year’s Annual Meetings are being convened under the theme “Making Africa’s Capital Work Better for Africa’s Development.” Discussions will center on strategies to better harness Africa’s financial, human, and natural capital in support of inclusive, resilient, and sustainable growth. The meetings will also explore avenues for expanding partnerships and mobilizing external financing to accelerate the continent’s development agenda.
The AfDB Annual Meetings represent one of the most important economic and financial gatherings on the African continent, bringing together government officials, development partners, private sector leaders, and civil society stakeholders.
