Following the Finance In Common Summit held in November 2020 and in preparation for a Summit on Financing African Economies to be convened by President Emmanuel Macron on 18 May, the African Development Bank and public development banks on the continent in collaboration with the AADFI and the IDFC, will convene a Finance in Common Summit on 11 May 2021.

These banks have a key role to play in Africa, where the greatest opportunities and the greatest perceived risks coexist. From the beginning of the Covid-19 crisis, African PDBs have demonstrated a role in mitigating macroeconomic shocks and their ability to channel resources to various sectors and clients, particularly underserved segments such as health/social investments, housing, agriculture and climate.