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Zambia Celebrates AFDB’s 60th Anniversary with Special Address by Dr.  Musokotwane

Dr. Situmbeko Musokotwane, Zambia’s Minister of Finance and National Planning, has extended warm congratulations to the African Development Bank Group (AFDB) on its 60th anniversary. 

In a recorded statement delivered from Nairobi, Kenya, Dr. Musokotwane lauded the AFDB’s remarkable contributions to Africa’s development and its steadfast partnership with Zambia.

“On behalf of the Government of the Republic of Zambia, I am delighted to extend our heartfelt congratulations to the African Development Bank Group on its 60th anniversary,” Dr. Musokotwane began. 

He emphasized the significance of this milestone, noting it underscores the AFDB’s relevance, endurance, and commitment as Africa’s premier Pan-African financial institution.

For over five decades, the AFDB has been a reliable ally to Zambia, providing cumulative support exceeding US$1 billion. This assistance has spanned several critical sectors, including agriculture, energy, health, education, industry, water and sanitation, transport, and broader budgetary support. 

Dr. Musokotwane highlighted the AFDB’s pivotal role in poverty reduction and enhancing the quality of life for Zambian citizens.

“As the continent celebrates this important anniversary, Zambia reaffirms its support to the bank’s vision and its mission to address the challenges facing our country and the African region,” he stated. 

He stressed the importance of leveraging the AFDB’s resources and expertise to promote inclusive growth, strengthen institutions, and create a more prosperous future for all Africans.

Zambia’s continued support for the AFDB’s vision is a testament to the bank’s impact and relevance to its member countries. Dr. Musokotwane commended the AFDB for its dedication and achievements over the past 60 years and expressed optimism for ongoing collaboration.

“Happy 60th anniversary to the African Development Bank!” Dr. Musokotwane concluded, celebrating the bank’s contributions and looking forward to a continued partnership aimed at building a more sustainable and prosperous Africa.

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