Thursday 8 September 2016
The IBA hosted its first webcast interview of 2012 on Monday 13 February at 1400GMT, with The African Development Bank’s General Counsel, Kalidou Gadio. The interview covered a wide range of issues relating to development across the African continent.
Developing countries are in possession of enormous wealth, representing forty times all official development assistance received worldwide since 1945. But often, these riches are not used to mobilise capital and credit. The African Development Bank provides financial support to efforts that seek to achieve this.
Mr Gadio discussed such efforts, highlighting the critical links between law and development in general, and considering related specific issues such as the African Legal Support Facility, which stems from the AfDB and African Ministers of Finance wanting to assist Heavily Indebted Poor Countries in managing the serious problem of vulture funds.