US EditionAfrica Elects Its Next 'Super Banker'
- The election to choose the next president of the African Development Bank will conclude on Thursday in Abidjan, Ivory Coast, with five candidates competing to succeed Akinwumi Adesina.
- This election follows Adesina's decade-long tenure, during which the bank significantly increased its capital and supported major projects across Africa, while the contest remains too close to call.
- Established in 1964, the African Development Bank now comprises 81 member countries, with 54 of them located in Africa. It funds major initiatives such as Egypt’s largest wastewater treatment facility, a bridge linking Senegal and the Gambia, as well as port expansions and sanitation improvements in multiple African nations.
- Candidates must win a majority of votes weighted by capital contributions from all member countries, with major contributors including Nigeria, Egypt, South Africa, and the US, amid a threat of losing $500 million in US funding due to international tensions.
- The new president will face a challenging global economic environment but all candidates commit to continuing Adesina's priorities to transform Africa by improving energy, food, industry, integration, and quality of life.
67 Articles
67 Articles
The Straits Times
Mauritania's Tah elected president of AfDB, Africa's top development bank
ABIDJAN - Former Mauritanian Finance Minister Sidi Ould Tah has been elected president of the African Development Bank (AfDB), the lender said on Thursday, after a poll during the bank's annual meeting in Ivory Coast. Read more at straitstimes.com.
InsideNoVA.com
Africa elects its next 'super banker'
The race to become Africa's next "super banker" ends on Thursday, with five candidates, including one woman, vying to succeed Nigeria's Akinwumi Adesina as head of the African Development Bank in a contest that appears too close to call.
The Election to Head the African Development Bank, a Major Challenge for the Continent's Future
DECRYPTAGE - The African Development Bank, a key regional financing institution, elects its future president on Thursday. Five candidates are competing to succeed Nigerian Akinwumi Adesina.
We failed Maimbo - The Zambian Observer
We failed Maimbo By Amb. Emmanuel Mwamba A brief Review First of all, I would like to congratulate Dr. Samuel Munzele Maimbo for choosing to aspire to lead the business and development of Africa through his election bid as AfDB President. I think he put up a spirited fight and needs congratulate. However, I wish […] The post We failed Maimbo first appeared on The Zambian Observer.
The Sidi Tah Doctrine: A Presidential Mandate for Africa's Next Chapter By Chinedu Moghalu
The election of Dr. Sidi Ould Tah as the 9th President of the African Development Bank (AfDB) at the 2025 Annual General Meeting in Abidjan marks more than a leadership change—it signals a turning point. Backed by a commanding 73% of Regional Member Countries (RMCs) and 77% overall, his dual endorsement is unprecedented in the Bank’s history. To those who have long observed the AfDB’s drift between caution and ambition, this moment demands not ju
Sidi Ould Tah elected president of African Development Bank – Cameroon Intelligence Report
Sidi Ould Tah of Mauritania was today elected President of the African Development Bank Group at the Bank’s Annual Meetings held in Abidjan, Côte d’Ivoire. Tah was elected by the Bank’s Board of Governors, comprising Finance and Economy Ministers or Central Bank Governors of the Bank Group’s 81 regional and non-regional member countries. The board is the highest decision-making authority for the Bank Group. The results were announced by Niale Ka…
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