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African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Curtain falls on African Development Bank Group 2025 Annual Meetings, New President Elected

On Thursday, governors of the Group’s 81 shareholders elected former finance minister Mauritanian Sidi Ould Tah as the new president of the continent’s premier development institution

Nigeria provides $500 million to extend the Nigeria Trust Fund for another 15 years  “It has been the greatest honour of my life to serve as president of the African Development Bank Group and to serve Africa “– Dr. Akinwumi Adesina  The African Development Bank Group’s 2025 Annual Meetings (www.AfDB.org)…

African Development Bank Group (AfDB)

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    • African Development Bank President Akinwumi Adesina shares thoughts on 10 years of leadership with media at 2025 Annual Meetings, Abidjan, May 2025
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Source: African Development Bank Group (AfDB) |

“A Mission, Not a Job!” - African Development Bank President reflects on a decade of leadership

The press briefing is the first official event of the Bank’s 2025 Annual Meetings, taking place in Abidjan, Cote d’Ivoire from 26 to 30 May 2025

Speaking Monday at a breakfast meeting with journalists, the President of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi Adesina, described his ten-year presidency as a consuming yet profoundly fulfilling mission. The press briefing is the first official event of the Bank’s 2025 Annual Meetings, taking place in Abidjan, Cote…

African Development Bank Group (AfDB)

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    • Sidi Ould Tah
    • Sidi Ould Tah elected ninth president of the African Development Bank Group (1)
    • Sidi Ould Tah elected ninth president of the African Development Bank Group (2)
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Source: African Development Bank Group (AfDB) |

Sidi Ould Tah elected ninth president of the African Development Bank Group

Tah will assume office on 1 September 2025, for a five-year term, following the end of the second mandate of current President, Dr. Akinwumi Adesina

Sidi Ould Tah of Mauritania was today elected President of the African Development Bank Group (www.AfDB.org) 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…

African Development Bank Group (AfDB)

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    • African Development Bank Group President Appoints The United Kingdom Parliamentarian Andrew Mitchell as Senior Advisor on a Pro Bono Basis (1)
    • African Development Bank Group President Appoints The United Kingdom Parliamentarian Andrew Mitchell as Senior Advisor on a Pro Bono Basis (2)
    • African Development Bank Group President Appoints The United Kingdom Parliamentarian Andrew Mitchell as Senior Advisor on a Pro Bono Basis (3)
    • African Development Bank Group President Appoints The United Kingdom Parliamentarian Andrew Mitchell as Senior Advisor on a Pro Bono Basis (4)
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Source: African Development Bank Group (AfDB) |

African Development Bank Group President Appoints The United Kingdom Parliamentarian Andrew Mitchell as Senior Advisor on a Pro Bono Basis

Returning to a previously held role where he provided pro bono advice to the Bank, Rt. Hon. Mitchell is passionate about Africa’s development and has extensive knowledge and experience in managing the complexities of global resource mobilization

The African Development Bank Group (www.AfDB.org) President, Dr. Akinwumi Adesina, has appointed the Right Honourable Andrew Mitchell as his Senior Advisor for resource mobilization and policy issues on a pro bono basis. Rt. Hon. Mitchell, whose appointment is effective 7 April 2025, will provide strategic advice on emerging global and…

African Development Bank Group (AfDB)

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    • African Development Bank Group President Dr. Akinwumi Adesina, who is also the Chairman of the Group’s Boards of Directors, underscored the impact of the Bank’s operations, which have impacted more than half a billion lives over the past decade
    • African Union Summit: African Development Bank President Highlights a Decade of Economic Transformational Impact
    • African Heads of State and Government display copies of the Dar es Salaam Energy Declaration at the closing session of the Africa Energy Summit, 28 January 2025
    • “The African Development Bank accelerated food production in Africa. Over 101 million people became food secure. We mobilized $72 billion to implement the food and agriculture delivery compacts across the continent,” said Dr. Adesina
    • The Africa Investment Forum, a joint effort with eight other partner institutions, has mobilized over $200 billion in infrastructure investment commitments. (Picture: Africa Investment Forum Founding Partners and other officials during the Opening Session of the Africa Investment Forum 2024 Market Days, Rabat, 4 December 2024)
    • UN Secretary-General António Guterres reiterated calls for reform of the international financial architecture
    • Barbados Prime Minister Mia Mottley emphasized Africa’s strategic role in shaping global economic trends, as the continent controls 40% of the world’s minerals
    • Ethiopian Prime Minister Dr. Abiy Ahmed urged continued unity in addressing Africa’s challenges
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Source: African Development Bank Group (AfDB) |

CORRECTION - African Union Summit: African Development Bank President Highlights a Decade of Economic Transformational Impact

Under Adesina’s presidency, the Bank achieved its largest-ever capital increase, growing from $93 billion in 2015 to $318 billion currently

“It’s been my greatest honor to serve you and Africa”—Adesina tells African leaders Governments across Africa pay tribute to Adesina’s exceptional leadership UN Secretary General Guterres says global financial architecture hampering Africa’s development, calls for reforms African Development Bank Group (www.AfDB.org) President Dr. Akinwumi A. Adesina, delivered a compelling farewell address…

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    • African Development Bank Group Appoints Moono Mupotola as Deputy Director General for Southern Africa
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Source: African Development Bank Group (AfDB) |

African Development Bank Group Appoints Moono Mupotola as Deputy Director General for Southern Africa

Mupotola managed the African Development Fund’s Regional Operations Envelope and oversaw the Bank’s regional project preparation facility

The African Development Bank Group (www.AfDB.org) has appointed Moono Mupotola, as Deputy Director General for the Southern Africa Regional Development, Integration and BusinessDelivery Office, effective 16th October 2024.  Mupotola, a Zambian national, brings over 25 years of development experience across Africa to her new role. Her expertise spans infrastructure development,…

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    • African Development Bank appoints Dr Kennedy Mbekeani as Director General for East Africa
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Source: African Development Bank Group (AfDB) |

African Development Bank appoints Dr Kennedy Mbekeani as Director General for East Africa

Mbekeani, a citizen of Malawi has over 25 years of senior experience in development finance, project management, policy advisory services, and knowledge generation at national and regional levels

The African Development Bank Group (www.AfDB.org) has appointed Dr Kennedy K. Mbekeani as Director General for the East Africa Regional Development, Integration and Business Delivery Office, and Country Manager for Kenya, effective from 16 October 2024. Mbekeani, a citizen of Malawi has over 25 years of senior experience in development…

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    • African Development Bank Appoints Dr. Emmanuel Pinto Moreira as Director of Special Operations in the President’s Cabinet
    • African Development Bank Appoints Dr. Emmanuel Pinto Moreira as Director of Special Operations in the President’s Cabinet (FR)
    • African Development Bank Appoints Dr. Emmanuel Pinto Moreira as Director of Special Operations in the President’s Cabinet (PT)
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Source: African Development Bank Group (AfDB) |

African Development Bank Appoints Dr. Emmanuel Pinto Moreira as Director of Special Operations in the President’s Cabinet

In his new role, Moreira will focus on the initiative in the Bank’s Ten-Year Strategy to revalue Africa’s green wealth, working closely with the Economic Governance and Knowledge Management Vice Presidency, and other stakeholders

The African Development Bank Group (www.AfDB.org) has appointed Dr. Emmanuel Pinto Moreira as Director of Special Operations in the President’s Cabinet Office, effective 1 July 2024. Dr. Pinto Moreira, a Beninise economist, brings to the role over three decades of experience in macro-fiscal, growth, poverty, economic governance, trade, and competitiveness-related…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Dig deep to aim high: how to use mining to unlock Mauritania’s potential (By Malinne Blomberg)

The Bank’s financial support goes hand in hand with a strong commitment to the country's compliance with environmental and social standards

By Malinne Blomberg These are exciting times in Mauritania. This nation connecting West and  North Africa is transforming its economy through mining, green hydrogen, and natural gas. During the campaign for presidential elections, held on June 29, President Ould Ghazouani announced he would scale up the mining industry if re-elected. Here…

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    • African Development Bank Appoints Dr Babatunde Samson Omotosho as Director of Statistics Department (1)
    • African Development Bank Appoints Dr Babatunde Samson Omotosho as Director of Statistics Department (2) (FR)
    • African Development Bank Appoints Dr Babatunde Samson Omotosho as Director of Statistics Department (3) (PT)
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Source: African Development Bank Group (AfDB) |

African Development Bank Appoints Dr Babatunde Samson Omotosho as Director of Statistics Department

Dr Omotosho, a Nigerian national, has more than 21 years experience in developing data strategies to align with the strategic objectives of organisations

The African Development Bank (www.AfDB.org) has appointed Dr Babatunde Samson Omotosho, an economist and statistician, as Director of the Statistics Department, effective June 16, 2024. Dr Omotosho, a Nigerian national, has more than 21 years experience in developing data strategies to align with the strategic objectives of organisations. He also brings…