The Minister of Finance and Development Planning, Hon. Augustine Kpehe Ngafuan, has left Liberia leading a high-level delegation to attend the 2025 Annual Meetings of the African Development Bank (AfDB) in Abidjan, Côte d’Ivoire from May 26 to 30. He is joined by Deputy Minister for Economic Management, Hon. Dehpue Zuo.
The Liberian delegation will engage in key discussions during the meetings that gather policymakers and stakeholders from Africa and beyond. A significant focus this year is the election of a new president for the AfDB Group as Dr. Akinwumi A. Adesina concludes his second term.
Minister Ngafuan will participate in bilateral and multilateral talks on the sidelines of the meetings. He will also be a panelist at “Building Effective Institutions in Africa for Harnessing Capital for Development,” scheduled for Friday, May 30.
Additionally, Minister Ngafuan will present a report from the Standing Committee of the Board of Governors of the AfDB on Conditions of Service for Elected Officers on Tuesday, May 27. This report includes recommendations made at their meeting in Washington DC.
Ngafuan was elected Chair of this committee during an IMF/World Bank Spring Meeting held in April 2025 in Washington, DC.
The delegation plans to meet with the Head of the Africa Water Facility alongside Hon. Mohammed Ali, Managing Director of Liberia Water and Sewer Corporation. The facility aims to secure water resources across Africa contributing to objectives set by African Water Vision for 2025 and Sustainable Development Goals – 2030.
This year’s theme “Making Africa’s Capital Work Better for Africa’s Development” highlights strategies to utilize financial, human, and natural capital towards inclusive development while exploring opportunities for partnerships and external financing.