Africa: The "Optimist-in-Chief" Who Made Africa's Premier Development Bank a Global Powerhouse ...Middle East

Economy by : (allafrica) -
[allAfrica] Washington, DC -- Heading the agenda at the five-day annual meeting of the African Development Bank (AfDB) that opens on May 26 is the election of the multilateral development bank's next president. Five candidates are vying to succeed Dr. Akinwumi Adesina, who has served the maximum of two five-year terms. During his tenure, the bank's capital has more than tripled, growing from $93 billion to $318 billion. AfDB was ranked by Global Finance magazine as the best multilateral financial institution in the world in 2021, and

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