The African Development Bank is 50 years old in 2014. More than 3000 delegates are attending the Annual meetings of the African Development Bank in Kigali, Rwanda. Some of the issues that are up for discussion are new strategies to tackle poverty, underdevelopment and put their weight behind global negotiations to ensure the continent enters a new era. Dr Babatunde Omilola elaborates.
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The strategy, Africa’s Future and the World Bank‘s Support to It, has two pillars, Competitiveness and Employment and Vulnerability and Resilience and a foundation, Governance and Public Sector Capacity.