Receiving the African Development Bank Head, the Minister of State in charge of African Affairs, His Excellency Sheikh Shakhbout, spoke about the UAE’s desire to help African countries diversify their economies, provide value-added support for small and medium-sized enterprises, explore potential social housing investment opportunities, and connect young African fintech companies to innovations that would allow them to grow and thrive on the Continent.

The African Development Bank President and the Director-General of the Abu Dhabi Fund for Development, His Excellency Mohammed Saif Al Suwaidi, also signed a Memorandum of Understanding, MOU for closer collaboration, on behalf of their respective institutions.