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Asharq Al-Awsat
Asharq Al-Awsat
World
Cairo - Asharq Al-Awsat

Egypt to Host AfDB Meetings Next May

Egyptian President receives the African Development Bank Chairman. (Egyptian Presidency)

Egypt’s preparation are underway for the annual meetings of the African Development Bank (AfDB) in Sharm El-Sheikh next May.

Egypt's President Abdel-Fattah El-Sisi affirmed on Tuesday his country’s keenness on maintaining African interests in all forms and at all levels.

Sisi met with the African Development Bank Chairman Akinwumi Adesina and his accompanying delegation.

The President expressed delight for Egypt’s hosting of the annual meetings of AfDB, according to Ahmed Fahmy, spokesman for the Egyptian presidency.

Sisi pointed out that the meetings would focus on discussing means to encourage continental economic integration in addition to mechanisms to bridge the gap of climate finance in the African continent.

He stated that Egypt is looking forward to increasing cooperation with the AfDB.

The President of AfDB praised Egypt’s developmental projects during the past few years, describing it as "a source of great inspiration for the African people".

He also commended the achievements realized in various development sectors, especially the electricity and water treatment, as well as the development of unplanned residential areas.

In a related context, Sisi received a letter from UAE President Sheikh Mohammed bin Zayed Al Nahyan inviting him to take part in the UN Climate Summit (COP28) to be held in Dubai in December.

UAE Ambassador in Cairo Mariam Khalifa Al Kaabi handed out the letter to the President, Fahmy said.

The letter highlighted UAE's keenness on enhancing joint cooperation between the two countries to benefit from Egypt's successful expertise in organizing the COP27 summit.

Sisi also affirmed the mutual keenness on maximizing cooperation and transfer of Egypt's expertise in this regard in view of the special Egyptian-UAE ties in order to ensure coming out with positive outcomes in the international climate action and taking into consideration the interests of developing and African states.

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