 So let me now introduce the speakers. No, I will not introduce all the speakers. I will introduce speakers one by one, if I may. So Serge Equay is the president of the West African Development Bank. He's been in the private sector also, and you have both, I would say, the vision of the private sector, the vision of the public sector, and of course, the standpoint of a very important development bank. You have the floor. Thank you, Mr. President. Thank you for having me. I won't be too long. I would just like to highlight four major key policy objectives we face in Africa in general, I would say, and more specifically now into our region, the Sub-Saharan Africa. The first one, it's addressing the food insecurity. I think it's a major threat we have to deal with in a context where we are in a region where the median age of our population is 20 years, and we all know that our population doubles every 25 years. So that's a real threat in the context. You know you have previously described. The second key policy objective is related to the way we should manage the shift in monetary policy. The new area in which we are, and I have to say that when we last met last year, I was among those who was believing that the inflation would be temporary, a temporary stage, and I have to say that today, when we look at things in details, it appears that we're moving into a new area. I would even say back into the 70s, where I don't know if you, I'm sure you do. I'm sure you do where you remember where Mexico was funding, was getting access to capital markets in the late 90s at 18%, 10 years maturity. And that was not coming to anyone as a surprise. But today, getting funding at 18% is a real, real, real challenge. So the shift into monetary policy with this idea, this reality of the majority, not to say the whole, our country's sovereign would no longer have access to capital markets, that's gonna be a real threat. That's gonna be a real issue. The third one is the way we would consolidate public finances and meet tighter financial conditions, definitely. And the last, surely not the least, is the way we would be setting up the stage of sustainable and greener growth. We have last year, at Beowaday, launched a sustainable bonds with 750 million Euro, six times over-subscribed. And back then, my credo was cash being king, cash being king, we would have to do whatever to get as much funding as we could. So my very last point is, I think to tackle these issues, we need to see how to strengthen the chair one capital of our institution. Answering to this very question, the one and only question that matters, that is, who bears with the first losses? Who bears with the first piece of losses? So Mr. President, this is in a nutshell what I wanted to say, and I could elaborate down the road. Thank you very much. Thank you very, very much indeed, Serge. It is very clear, very concise, and of course, we understand very dramatic. You mentioned 18%? Yeah, back in the days, yeah. Mexico, yeah. Yeah, I mean, of course, I have the memory of Paul Volcker regaining control of inflation, inflation in the US at 14% or something. And then, of course, a dramatic recession and a dramatic financial crisis in the emerging world, Latin America first and then practically all the emerging world, you're absolutely right. I take it that we are not in the same situation because the central banks are not nonchalant. If I may, they are not letting things go. They have decided with some lags, as I said, but to re-take, regain control of the situation. But thank you very much for this very, very impressive and quite dramatic picture.