Beyond Vanilla Banking: Diversifying Development Finance | Kigali Global Dialogue 2023

Observer Research Foundation

Observer Research Foundation

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Kigali Global Dialogue 2023 | Doing Away with Debt: Rethinking Development Finance

Nearly half of African countries are at risk of debt distress. Multiple macroeconomic shocks have laid bare the continent’s vulnerabilities. It is now imperative that we interrogate the existing financial architecture for development and propose alternatives.

What could an alternative development finance system look like that is more just and equitable? How can we do away with debt burdens that constrain low and middle income countries? What tangible actions are needed to bring about such a change?

Speakers:

Nagesh Kumar
Director, Institute for Studies in Industrial Development (ISID), India

Tetsushi Sonobe
Dean & CEO, Asian Development Bank Institute

Kampeta Pitchette Sayinzoga
CEO, Rwanda Development Bank, Rwanda

Rajeev Amarasuriya
Attorney at Law, Sri Lanka

Gwendoline Abunaw
Managing Director, Ecobank, Cameroon

Moderator:

Rachel Toku Appiah
Director, Program Advocacy and Communications, Bill and Melinda Gates Foundation, Africa