May 31, 2026
The President of the African Development Bank (AfDB), Sidi Ould Tah, says Africa must mobilise its estimated four trillion dollars in domestic savings to finance the continent’s development priorities.
Ould Tah spoke during a news conference at the end of the 2026 AfDB Annual Meetings in Brazzaville, Republic of Congo.
The AfDB meetings started on May 25 and ended on May 29.
He described as major paradox that Africa faced an annual development financing gap of about 400 billion dollars in spite of holding vast financial resources.
