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October 24, 2020
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The African Development Bank (AfDB) under the leadership of Dr Akinwunmi Adesina attracted $78.8 billion worth of investment interests into Africa in two years. The regional multilateral development bank was able to mobilise these investments “through the innovative and groundbreaking Africa Investment Forum in 2018 and 2019.” Speaking at the swearing-in ceremony, Continue Reading
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The re-election of Dr. Akinwumi Adesina as African Development Bank (AfDB) President for another five-year term is an affirmation of confidence in his ability and commitment to the development of Africa, All Progressives Congress (APC) National Leader Asiwaju Bola Ahmed Tinubu has said. Adesina, former Nigeria’s Agriculture minister, was last Thursday returned by the Board Continue Reading
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Re-elected President of the African Development Bank, Dr Akinwumi Adesina, will be sworn-in on Tuesday, September 1, to serve a five-year term. The ceremony, according to the AfDB in a statement on Monday, will be held virtually at 9am. Dr Adesina, Nigeria’s former Minister of Agriculture and Rural Development, was re-elected last week after getting […]Continue Reading
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The International Union of Railways (UIC), United Nations Economic Commission for Africa (UNECA), Ethio-Djibouti Railway, and others have expressed interest in the financing of the African Integrated High-Speed Railway Network Project(AIHSRN) They made the expression at the second webinar series of the African Union’s Development Agency (AUDA-NEPAD) held on Wednesday Continue Reading
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The re-election of Dr Akinwumi Adesina is a testimony to his sterling performance in the last four years and a re-affirmation of Africans’ confidence in his capacity and commitment to African development, the African Railway Roundtable has declared in a congratulatory message. In a statement signed by the Director of African Railway Roundtable, Mr Olawale […]Continue Reading
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The President, Abuja Chamber of Commerce and Industry, Prince Adetokunbo Kayode has congratulated Dr. Akinwunmi Adesina over his reappointment as president of African Development Bank (AfDB) even as he lauded the Governors of the bank for eventually acknowledging Adesina’s contributions in the last four years. Dr Adesina was reappointed on Thursday at the Continue Reading
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Opening speech by Dr. Akinwumi A. Adesina, President of the African Development Bank at the 2020 Annual Meetings of the African Development Bank Group, Abidjan, Côte d’Ivoire – August 26, 2020 Your Excellency, President Alassane Ouattara, President of the Republic of Côte d’Ivoire, Honorable Minister Niale Kaba, Chairperson of the Board of Governors Honorable Continue Reading
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Nigeria’s Akinwumi Adesina has been re-elected as the President of the African Development Bank President for a second five-year term. The election took place electronically on Thursday in Abidjan at the virtual annual general meeting of the bank. Adesina’s re-election as the president of the 56-year-old bank was considered a formality as he is the […]Continue Reading
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(Bloomberg)- Nigeria has almost doubled its voting rights in the African Development Bank to 16.8% before the lender’s annual meetings next week, as one of its own seeks re-election at the helm of the lender after being cleared of allegations of wrongdoing. Africa’s most populous nation became the biggest rights holder by far, followed by […]Continue Reading