US EditionAfrican Development Bank to pick new head to confront US funding cuts
- The African Development Bank Group's 2025 Annual Meetings officially opened on May 26, 2025, in Abidjan with over 6,000 delegates attending.
- The meetings take place against the backdrop of significant changes in international trade policies, including the introduction of recent U.S. Tariffs and modifications to financial support mechanisms impacting 47 African nations.
- Attendees, including African leaders, finance officials, and representatives from the private sector, will engage in discussions focused on enhancing intra-African trade, expanding interconnected economic activities, and advancing Africa’s position as a globally independent and resilient player.
- A significant feature of the meetings is the selection of Dr. Akinwumi Adesina’s successor as President of the African Development Bank, as his second term concludes on August 31, with the institution aiming to adopt fresh strategies to better leverage Africa’s capital for inclusive growth.
- The results of the meetings are expected to inform the development of policies, collaborative efforts, and investment approaches that align with Africa’s changing economic landscape and ongoing efforts toward increased continental integration.
18 Articles
18 Articles
Cote d'Ivoire: Election of Adesina's Successor Tops Agenda As AfDB Delegates Meet in Abidjan
Participants include African heads of state and governments, finance ministers, central bank governors, private sector leaders, development partners, and civil society representatives.
African Development Bank to pick new head to confront US funding cuts
The African Development Bank is meeting in Ivory Coast this week to pick a new president at a time when the continent's biggest multilateral lender faces unprecedented challenges from funding cuts by the U.S. government.
Election of Adesina’s successor tops agenda as AfDB delegates meet in Abidjan
Participants include African heads of state and governments, finance ministers, central bank governors, private sector leaders, development partners, and civil society representatives. The post Election of Adesina’s successor tops agenda as AfDB delegates meet in Abidjan appeared first on Premium Times Nigeria.
Africa’s development bank election offers an opportunity for change
Hannah’s viewThis week in Abidjan, shareholders will pick a new leader of the African Development Bank, the continent’s largest bank. Our research at Development Reimagined shows AfDB has about a third of the spending footprint of the World Bank on the continent, with a focus on hard infrastructure, and has carved a very strong role for itself over successive presidencies.Most interviews and campaigns by the five potential candidates for the new…
African Development Bank to pick new head to confront U.S. funding cuts - CGTN Africa
The African Development Bank is meeting this week in Côte d’Ivoire to pick a new president at a time when the continent’s biggest multilateral lender faces unprecedented challenges from funding cuts by the United States government. The U.S. federal government wants to cut $ 555 million in funding to the AfDB and its African Development […]
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