Turkey joins African Dev’t Bank Group

Turkey has been admitted into the African Development Bank Group, it was announced December 9, 2013.

The country has therefore participated in the AfDB Group’s Board Meetings for the first time in Tunis, the Bank said in a statement.
Turkey is now the 26th State Participant in the African Development Fund and the 78th Member State of the African Development Bank.

“Our Constituency is delighted to welcome Turkey as an official member of AfDB and to our Constituency,” said Executive Director Hau Sing Tse, who represents Canada, China, Korea, Kuwait and Turkey.

Turkey’s admission to the Bank Group followed the completion of the membership process after the approval of its membership application by the Bank Group’s Board of Governors on May 14, 2008.

A Declaration issued by the Bank Group’s President, Donald Kaberuka, on October 29, 2013 formalized Turkey’s membership in the Bank Group.

By Ekow Quandzie