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Reading: Five candidates to contest for AfDB Presidency
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Nigerian News, Politics, Business, Economy, Investment, Entertainment and Sports. > Blog > Economy > Finance > Five candidates to contest for AfDB Presidency
EconomyFinance

Five candidates to contest for AfDB Presidency

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Last updated: February 22, 2025 6:20 am
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1 year ago
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The African Development Bank (AfDB) has confirmed five candidates who will compete for the position of its president.

 The announcement followed a two-day meeting of the board of governors’ steering committee at the bank’s headquarters in Abidjan, Côte d’Ivoire.

The candidates are Hott Amadou from Senegal, Maimbo Munzele from Zambia, Tah Ould from Mauritania, Tolli Mahamat from Chad, and Tshabalala Swazi from South Africa. 

The election is set to take place on May 29, and the winner will take over from Akinwumi Adesina, who has led the bank since 2015.

Adesina, whose tenure is coming to an end, recently spoke about his future, stating that he remains committed to serving people in various capacities. 

He described his passion for making a difference in communities and improving lives.

The AfDB election is expected to draw significant attention as the candidates present their plans for the bank’s future.

READ ALSO: Insubordinate commissioner nominee denied screening by Nasarawa assembly

The presidency of Africa’s apex development banking institution is usually a context of vested interests within Africa and non-regional investors that is led by the United States of America.

With a hawkish Donald Trump as president of the United States, many analysts fear that who emerges as the new president of the continental body would likely be a stooge of the USA.

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TAGGED:Africa Development BankAFRICA UNIONAkinwumi AdesinaNON-REGIONAL INVESTORS
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