Tag: President of the African Development Bank (AfDB)

Low-income economies are expected to receive $21bn, about 6% of their Gross Domestic Products.

Mr Adesina was sworn in on Tuesday at the AfDB headquarters in Abidjan, Cote d’Ivoire.

Mr Adesina was re-elected for a second five-year term as president of the bank on Thursday.

Mr Adesina was accused of breaching the AfDB’s code of conduct, including “unethical conduct, private gain, an impediment to efficiency, ...

Mr Buhari says he will be consistent with the AfDB president who is facing allegations of corruption.

Mr Adesina, in a memo, accused the petitioners of "acting in concert with others outside the AfDB system."

Mr Adesina said there are attempts to tarnish his image and that of the bank.

Mr. Adesina’s ambition to head the body was supported by President Goodluck Jonathan and the incoming president, Muhammadu Buhari.