At the AFDB’s annual meeting in May, its Board of Governors called on the Bank’s President, Dr Ould Tah to accelerate the reform of Africa’s financial architecture in order to mobilize large-scale resources for Africa’s development within the framework of the New African Financial Architecture for Development (NAFAD). They also expressed their support for institutional reforms undertaken by Ould Tah to make the Bank more agile, more flexible, and closer to beneficiaries across Africa. The Meetings were also marked by more than USD 3 billion in commitments to the Congo Basin Blue Fund, aimed at supporting 17 African countries in environmental conservation and sustainable development.
