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African Development Bank Opens Annual Meeting in Brazzaville
The African Development Bank began its week-long annual meeting on May 25, 2026, in Brazzaville. The gathering occurs against the backdrop of an Ebola outbreak in central Africa and higher fuel prices linked to the Iran war.
May 25, 8:32 AM·1m read1 source
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The African Development Bank began its annual meeting on May 25, 2026, in Brazzaville. The week-long gathering is the first since Mauritania’s former Finance Minister Sidi Ould Tah was elected the lender’s president a year ago. Sidi Ould Tah has made enhanced access to affordable capital the core of his agenda.
He wants the bank to narrow Africa’s $400 billion financing gap by diversifying fundraising to include private sector fund managers. U.S. The continent is also facing new stresses caused by energy shortages related to the Iran war, with rising fuel prices raising the cost of living in much of the continent and driving discontent.
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