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The Latest Breaking News from Akinwumi Adesina

Mauritania’s Sidi Ould Tah elected new president of African Development Bank

The election of Sidi Ould Tah as president of the African Development Bank marks a new chapter for the institution amid high hopes for Africa’s prosperity.

Radio France Internationale

‘I don’t want freebies’: outgoing AfDB head on why investment, not aid, will shape Africa’s future

After a decade helming the African Development Bank, Akinwumi Adesina hands over to his successor this week. He explains his optimism despite the continent’s challenges

The Guardian - UK

Africa Elects Its Next 'Super Banker'

The race to become Africa's next "super banker" ends on Thursday, with five candidates, including one woman, vying to succeed Nigeria's Akinwumi Adesina as head of the African Development Bank in a contest that appears too close to call.

International Business Times

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African Development Bank Chief Warns Of Tariff 'Shock Wave'

An onslaught of tariffs by the United States will send "shock waves" through African economies, the president of the African Development Bank said on Friday, warning of reduced trade and higher debt-servicing costs.

International Business Times

Nobel prize winners call for urgent ‘moonshot’ effort to avert global hunger catastrophe

More than 150 Nobel and World Food prize laureates sign open letter calling for immediate ramping up of food production

The Guardian - UK

‘Smarter money’ is the key that will unlock the promise of Africa and the Caribbean

Regions’ vast potential is being blocked by the need for better investments, key partnerships and reforms to global finance

The Guardian - UK

Africa Economic Growth Not Enough To Tackle Poverty: AfDB

Africa's economy has shown resilience overall despite global conditions but growth needs to be in double digits to truly tackle poverty on the continent, the African Development Bank (AfDB) said on Thursday.

International Business Times

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'Resilient' Africa Set For Growth Rebound: ADB

Africa saw the pace of economic growth sag last year as inflation continued to rise but is set to rebound this year, the African Development Bank said Friday.

International Business Times

Africa’s ‘optimist-in-chief’ on the continent’s renaissance: ‘Don’t just believe me, believe the data’

In an exclusive interview, Akinwumi Adesina, head of the African Development Bank, says the outlook is good for a continent with the workers of the future and the best investment opportunities

The Guardian - UK

Zimbabwe debt clearance tied to farmers' compensation and credible polls

The African Development Bank has moved to fast-track Zimbabwe’s $3.5 billion compensation to white farmers whose land was seized under former president Robert Mugabe’s reforms. The bank is leading efforts to clear Zimbabwe’s crippling debts.

Radio France Internationale

Egypt to Host AfDB Meetings Next May

Egypt’s preparation are underway for the annual meetings of the African Development Bank (AfDB) in Sharm El-Sheikh next May. Egypt's President Abdel-Fattah El-Sisi affirmed on Tuesday his country’s keenness on maintaining African interests in all forms and at all levels. Sisi met with the African Development Bank Chairman Akinwumi Adesina…

Asharq Al-Awsat

Development partners commit $30 billion to food production in Africa

Development partners have committed $30 billion to boost food production in Africa over the next five years, said Akinwumi Adesina, president of the African Development Bank, during closing remarks at a food security summit on Friday.

Reuters

As Africa's climate warms, rich countries pledge more funds

Rich countries said they will spend about $25 billion by 2025 to boost Africa’s efforts to adapt to climate change as the continent continues to struggle with drought, cyclones and extreme heat, according to officials at a summit in Rotterdam in the Netherlands on Monday

The Independent UK

US, Africa Business Summit Discusses 'Building Future Together'

Moroccan Foreign Minister Nasser Bourita has said that Africa needs active partners who do not exploit short-term opportunities, noting that it is time for the continent to reap the fruits of its potential and play its pivotal natural role in the international arena. "It is time for Africa to reap…

Asharq Al-Awsat

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Reuters

Africa must end food, pharma import dependence, AfDB president says

Africa must wean itself off dependence on food and medicine imports, the president of the African Development Bank (AfDB) said, as the institution approved creation of a pharmaceutical tech foundation and began processing requests for food relief.

Al Jazeera

AfDB president: Ukraine war could trigger a food crisis in Africa

Akinwumi Adesina believes the Russia-Ukraine war will have a ripple effect on food security and energy supply.

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