Collector
'Instrument of African solidarity' - Congo's Sassou Nguesso on 'new, bold and tailored responses' to 'better harness' continent's wealth at AfDB meeting | Collector , sustainably transforming the living conditions of our populations,” he added. He hailed the role of the African Development Bank Group, calling it an ‘instrument of African solidarity’ and a ‘driver of the continent’s transformation.’ "It is also through these levers that Africa will be able to reduce its dependence, strengthen its economic sovereignty, and better harness its wealth," he added. “It is also up to us to make development financing a tool for sovereignty, social justice, and shared prosperity. Africa aspires to balanced partnerships, appropriate financing, and greater recognition of its role in the global economy.” Meanwhile, President of the African Development Bank Group, Dr Sidi Ould Tah, pointed to trillions in African savings and institutional investment funds that the continent has been unable to effectively access. “That is why we need to work with all African financial institutions, but also with international investors and development partners, so that this large-scale mobilisation of the resources the continent needs can take place in a spirit of a win-win partnership,” he urged. Gabonese President Brice Oligui Nguema called on the African Development Bank and other local financial institutions to support countries in developing their raw materials. “We must first have confidence in our own bank rather than seeking capital abroad,” he added. Over 3,000 delegates, including heads of states and leaders of international financial institutions, have gathered in Brazzaville from May 25–29 for the African Development Bank Annual Meeting 2026 for discussions on economics, governance and regional challenges.""> , sustainably transforming the living conditions of our populations,” he added. He hailed the role of the African Development Bank Group, calling it an ‘instrument of African solidarity’ and a ‘driver of the continent’s transformation.’ "It is also through these levers that Africa will be able to reduce its dependence, strengthen its economic sovereignty, and better harness its wealth," he added. “It is also up to us to make development financing a tool for sovereignty, social justice, and shared prosperity. Africa aspires to balanced partnerships, appropriate financing, and greater recognition of its role in the global economy.” Meanwhile, President of the African Development Bank Group, Dr Sidi Ould Tah, pointed to trillions in African savings and institutional investment funds that the continent has been unable to effectively access. “That is why we need to work with all African financial institutions, but also with international investors and development partners, so that this large-scale mobilisation of the resources the continent needs can take place in a spirit of a win-win partnership,” he urged. Gabonese President Brice Oligui Nguema called on the African Development Bank and other local financial institutions to support countries in developing their raw materials. “We must first have confidence in our own bank rather than seeking capital abroad,” he added. Over 3,000 delegates, including heads of states and leaders of international financial institutions, have gathered in Brazzaville from May 25–29 for the African Development Bank Annual Meeting 2026 for discussions on economics, governance and regional challenges.""> , sustainably transforming the living conditions of our populations,” he added. He hailed the role of the African Development Bank Group, calling it an ‘instrument of African solidarity’ and a ‘driver of the continent’s transformation.’ "It is also through these levers that Africa will be able to reduce its dependence, strengthen its economic sovereignty, and better harness its wealth," he added. “It is also up to us to make development financing a tool for sovereignty, social justice, and shared prosperity. Africa aspires to balanced partnerships, appropriate financing, and greater recognition of its role in the global economy.” Meanwhile, President of the African Development Bank Group, Dr Sidi Ould Tah, pointed to trillions in African savings and institutional investment funds that the continent has been unable to effectively access. “That is why we need to work with all African financial institutions, but also with international investors and development partners, so that this large-scale mobilisation of the resources the continent needs can take place in a spirit of a win-win partnership,” he urged. Gabonese President Brice Oligui Nguema called on the African Development Bank and other local financial institutions to support countries in developing their raw materials. “We must first have confidence in our own bank rather than seeking capital abroad,” he added. Over 3,000 delegates, including heads of states and leaders of international financial institutions, have gathered in Brazzaville from May 25–29 for the African Development Bank Annual Meeting 2026 for discussions on economics, governance and regional challenges."">
'Instrument of African solidarity' - Congo's Sassou Nguesso on 'new, bold and tailored responses' to 'better harness' continent's wealth at AfDB meeting
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'Instrument of African solidarity' - Congo's Sassou Nguesso on 'new, bold and tailored responses' to 'better harness' continent's wealth at AfDB meeting

"Leaders of government and finance came together on Tuesday for the African Development Bank Annual Meeting in the Republic of Congo's capital Brazzaville, where President Denis Sassou Nguesso called on countries to build a more structured approach to investment in key infrastructure projects and development in health, education and agriculture. "These development requirements call for new, bold, and tailored responses to further mobilise the African savings and international capital to support structuring projects," said Ngueso, calling for action to "deepen our financial markets, strengthen our regional institutions, develop guarantee instruments, risk-sharing mechanisms and blended finance." “The challenge is not only to find more resources. It is also about better directing them, to better use them<...>, sustainably transforming the living conditions of our populations,” he added. He hailed the role of the African Development Bank Group, calling it an ‘instrument of African solidarity’ and a ‘driver of the continent’s transformation.’ "It is also through these levers that Africa will be able to reduce its dependence, strengthen its economic sovereignty, and better harness its wealth," he added. “It is also up to us to make development financing a tool for sovereignty, social justice, and shared prosperity. Africa aspires to balanced partnerships, appropriate financing, and greater recognition of its role in the global economy.” Meanwhile, President of the African Development Bank Group, Dr Sidi Ould Tah, pointed to trillions in African savings and institutional investment funds that the continent has been unable to effectively access. “That is why we need to work with all African financial institutions, but also with international investors and development partners, so that this large-scale mobilisation of the resources the continent needs can take place in a spirit of a win-win partnership,” he urged. Gabonese President Brice Oligui Nguema called on the African Development Bank and other local financial institutions to support countries in developing their raw materials. “We must first have confidence in our own bank rather than seeking capital abroad,” he added. Over 3,000 delegates, including heads of states and leaders of international financial institutions, have gathered in Brazzaville from May 25–29 for the African Development Bank Annual Meeting 2026 for discussions on economics, governance and regional challenges."

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