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Africa : Over 2,000 participants convene in Baku for the 51st Annual Meetings of the IsDB

Baku, the capital of Azerbaijan, is hosting the 51st Annual Meetings of the Islamic Development Bank (IsDB) Group from 16 to 19 June 2026, bringing together more than 2,000 participants from the Bank’s 57 member countries and partner institutions. For four days of discussions, heads of state and government, ministers, central bank governors, private sector actors, and senior representatives of international financial institutions will focus on key development priorities, including financing for growth, strengthening regional integration, and expanding economic cooperation among member states.

From 16 to 19 June 2026, Baku, the capital of Azerbaijan situated at the crossroads of Europe and Asia, is hosting the 51st Annual Meetings of the Islamic Development Bank Group at the Baku Convention Center. More than 2,000 participants from the Bank’s 57 member countries, including ministers, central bank governors, senior officials from international financial institutions and private sector leaders, are expected to take part in four days of discussions focused on development priorities.

Chad has been a member of the Islamic Development Bank for a very long time. We have benefited from our cooperation with the Islamic Development Bank. The Bank is already involved in several initiatives with us, including multi-donor projects such as the SmartEd project for education, the M300 project, and soon the Water Forward initiative, which is a joint effort involving development partners and the World Bank.

Tahir Hamid Nguilin, Ministre des FinancesChad

Held under the theme “Regional Integration for Sustainable Prosperity,” the 2026 Annual Meetings take place at a time of mounting global challenges, from climate shocks and geopolitical tensions to disruptions in supply chains and rising development financing needs. Against this backdrop, policymakers, financial leaders and development partners will explore ways to deepen regional cooperation, expand trade and investment, and strengthen economic resilience across member countries. Discussions will also focus on Islamic finance, infrastructure, food security and innovative solutions for inclusive and sustainable growth.

This year, we expect to achieve economic growth of at least 6.2%. The Islamic Development Bank will contribute to this growth through the continued financing of road and infrastructure projects that are already underway.

Tahir Hamid Nguilin, Ministre des FinancesChad

Beyond the statutory meetings, several side events are scheduled, including the 14th Private Sector Forum, meetings of the International Islamic Trade Finance Corporation (ITFC), business-to-business (B2B) sessions and high-level roundtables. The Annual Meetings provide a platform for dialogue, knowledge sharing and the forging of new partnerships, in line with the IsDB Group’s 2026–2035 strategic framework. The official opening ceremony, scheduled for 18 June, will be presided over by Azerbaijani President Ilham Aliyev and the President of the Islamic Development Bank Group, Dr. Muhammad Al Jasser, formally launching the proceedings of this 51st edition.

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