Senegal to host IDB Transformer Summit
The Islamic Development Bank (IsDB), one of the world’s largest multilateral development banks, is to host its annual Transformers Summit in Dakar, Senegal this December. It will be organized in partnership with the government of Senegal.
The Transformers Summit, which in 2018 took place in Cambridge, UK, gathers entrepreneurs and innovators together with private and public sectors to drive importance of innovative solutions for rapidly growing cities and communities. The IsDB will also showcase over 30 of the most promising innovations and sustainable businesses, which are going to receive funding as part of the Transform Fund, established by IsDB in 2016.
The Transformers Summit 2019 will be inaugurated by IsDB President Dr. Bandar Hajjar, Senegal President Macky Sall and Senegal Minister of Economy, Planning and Cooperation Amadou Hott. Other honorable guests include Youssou N’Dour, artists and UNICEF Goodwill Ambassador and Forest Whitaker, founder of The Whitaker Peace & Development Initiative.
Senegal is the first IsDB member country to host the event, and this year’s edition will explore themes relevant to the country, as well as West African region and beyond.
Highlighting the importance of the Transformers Summit, Dr. Hajjar, said: “Transformers Summit is an initiative born out of the Islamic Development Bank’s commitment to science, technology and innovation-led solutions to world’s most pressing problems.
“This year I am delighted to gather so many inspirational and influential voices in Dakar, a city with a rich history and unlimited potential. With Africa’s urban population expected to nearly triple by 2050, to 1.34 billion, the conversations driving our progress on sustainable cities are more important than ever.”
Echoing this sentiment, Hott said: “We are delighted to be the first IsDB member country to host the Transformers Summit, and celebrate the innovation that is helping us to rapidly improve our cities.
In the week leading up to the Transformers Summit will be the Transformers Academy — a week of experiential and practical sessions throughout the week that will bolster key business skills of those receiving funding from the IsDB. Also participating in this year’s Transformers Academy are 15 Senegalese students selected by the government of Senegal.
Source: Saudi Gazette