Fourth Africa Development Forum:"Governance for a Progressing Africa": statement by Philibert Afrika African development bank group director, operations policies and review department, ADB

Abstract

Statement by Philibert Afrika African Development Bank Group Director, Operations Policies and Review Department, ADB at the fourth African Development Forum (ADF-IV). Mr. Afrika, on his remarks highlighted that, the forum provides the African Development Bank the opportunity to share its views and experiences on this important theme with such a distinguished audience. The Bank has highlighted good governance as one of its key concerns in Africa following the adoption: of the Bank Policy on Good Governance in 1999 and the adoption of its Strategic Plan in 2003. The African Development Bank addresses good governance within a broad perspective, which encompasses the enhancement of transparency, accountability, stakeholder participation, combating corruption and the creation of enabling legal and judicial frameworks. The Bank is providing support to NEPAD, where it has contributed substantially to the formulation of Banking and Financial Standards.