Buhari congratulates Akinwunmi Adesina on his re-election as AfDB president

President Buhari has congratulated the newly reelected president of the African Development Bank, Akinwunmi Adesina. In a personal message sent from his Twitter account, the president says he has no doubt that Adesina wi achieve more during his second tenure. “I thank the African Union for its early endorsement of[Read More…]

Akinwunmi Adesina re-elected as AfDB President

Dr. Akinwunmi Adesina has been re-elected as the President of the Africa Development Bank. Adesina was re-elected by the Board of Governors of the Bank at the ongoing AfDB’s virtual annual meeting in Abidjan on Thursday. “Nigeria’s Dr. Akinwumi Adesina has been re-elected as the President of the African Development[Read More…]

Adesina cleared of corruption charges by AfDB independent review committee

President of the Africa Development Bank, Akinwumi Adesina has been exonerated of all charges by the independent review panel led by Mary Robinson, former president of Ireland. Robinson — who led Ireland from 1990 to 1997 before serving as the United Nations High Commissioner for Human Rights until 2002 —[Read More…]

AfDB panel to review report on Adesina

The bureau of board of governors of the African Development Bank Group has constituted a panel to conduct an independent review of the report of the ethics committee on the allegations made by whistleblowers against the president of the bank, Akinwumi Adesina. A communiqué released by the bureau on Wednesday[Read More…]

Obasanjo rallies support for Adesina over AfDB allegations

Nigeria’s former president, Olusegun Obasanjo, has urged African leaders to rally round and support Akinwunmi Adesina, the embattled president of African Development Bank (AfDB). Mr Adesina is currently battling 16 allegations of impropriety and fraud levelled against him by a group. He has maintained he is innocent. The United States is insisting[Read More…]

African Development Bank Group Unveils $10 Billion Response Facility To Curb COVID-19

The African Development Bank Group on Wednesday announced the creation of the COVID-19 Response Facility to assist regional member countries in fighting the pandemic. The Facility is the latest measure taken by the Bank to respond to the pandemic and will be the institution’s primary channel for its efforts to[Read More…]

AfDB President, Akinwunmi Adesina Denies Allegations Of Misconduct

President of the African Development Bank (AfDB), Dr. Akinwunmi Adesina, has described as spurious and unfounded an allegation by a group that described itself as concerned staff members of the bank that he violated the code of conduct of the institution. In a statement he issued yesterday, Adesina said following[Read More…]

African Development Bank Group Approves Gender Equality Trust Fund For Women in Africa

The Board of Directors of the African Development Bank Group have approved a new Gender Equality Trust Fund (GETF) aimed at pushing forward gender equality and women’s empowerment across the continent. Funded by donors, the GETF will support the delivery and scale-up of the Bank’s Affirmative Finance Action for Women[Read More…]

Adesina, Oteh’s Appointments Show I Had World-class Economic Team —Jonathan

Former president, Dr Goodluck Jonathan, has said the appointments of Dr Akinwumi Adesina as president of African Development Bank (AfDB) and Ms Arunma Oteh as treasurer/vice president of the World Bank demonstrated that he had a good economic team. The submission was contained in separate letters of congratulations to both[Read More…]

Buhari Recommends Pres. Jonathan’s Minister For AFDB Appointment, Akinwunmi Adesina Get’s President-Elect On His Side

by Musa Abdullahi General Muhammadu Buhari, the president-elect of Nigeria, has requested the Economic Community of West African States (ECOWAS) to support the candidacy of Dr. Akinwunmi Adesina as the next president of the African Development Bank (ADB). General Buhari has communicated his backing of Dr. Adesina’s candidacy to the[Read More…]