•Tinubu and loan illustration Nigeria has secured an approval of a $500 million loan by the board of directors of the African Development Bank Group (AfDB) to fund the second phase of the Economic Governance and Energy Transition Support Programme. The policy-based operation, approved at the bank’s headquarters in Abidjan, will support gove...
•Akinwunmi Adesina and his successor, Sidi Ould Tah Sidi Ould Tah of Mauritania has been elected President as the African Development Bank Group (AfDB) at the Bank’s Annual Meetings held in Abidjan, Côte d’Ivoire. Tah is expected to succeed Nigeria’s Akinwunmi Adesina whose tenure elapses by the end of August. Adesina served two terms of [&hel...
The African Development Bank will meet in Ivory Coast this week to elect a new president. Candidates from South Africa, Senegal, Zambia, Chad and Mauritania are pushing to replace outgoing President Akinwumi Adesina, who will step down in September after serving the maximum two five-year terms, reports Reuters. The winner must secure 50.01% of...

