Tag Archives: Akinwumi Adesina

The African Development Bank has urged Japanese investors to collaborate with local partners in Africa in order to stimulate growth on the continent. The invitation came on 29 September during a webinar to provide information to the Japanese private sector on doing business in Africa. About 250 participants, mainly from …

Dr Akinwumi Adesina, President of the African Development Bank (AfDB) and some notable Nigerians have urged their compatriots in the Diaspora to key into government efforts for national development. Some of the notable Nigerians include Mr Innocent Chukwuma, CEO of Innoson Group, and Nigeria’s High Commissioner to Canada, Amb. Adeyinka …

President Muhammadu Buhari(picture from right) Thursday received in audience at State House, Abuja, the newly re-elected President of African Development Bank (AfDB), Dr Akinwumi Adesina (picture from left), telling him: “I congratulate you on your second and final term in office. Congratulations on winning the election. Nothing succeeds like success.”Dr …

Nigeria’s Akinwumi Adesina has been re-elected as the President of the African Development Bank President for a second five-year term. The election took place electronically on Thursday at the virtual annual general meeting of the bank. Adesina’s reappointment on Thursday at the helm of the 56-year-old bank is considered a …

President of African Development Bank (AfDB), Dr Akinwumi Adesina says  141 million people have benefitted from improved agricultural technologies to enhance food security in the last five years he assumed office. Adesina made this known during the opening of the bank’s Annual General Meeting (AGM) held virtually on Wednesday. He …

For the first time in the history of the African Development Bank, its Annual Meetings will be held virtually to comply with the COVID-19 pandemic-related social-distancing guidelines.  The Governors’ Dialogue and the election of a president will be top of the agenda of the upcoming Meetings scheduled for 26-27 August …

Nigeria has almost doubled its voting rights in the African Development Bank to 16.8% before the lender’s annual meetings next week, as one of its own seeks re-election at the helm of the lender after being cleared of allegations of wrongdoing. Africa’s most populous nation became the biggest rights holder …

A much awaited report by an Independent Review Panel has completely exonerated the President of the African Development Bank, Akinwumi Adesina of any ethical wrongdoings. The Independent Review Panel was set up by the Bureau of Governors of the Bank, following a complaint by the United States, to review the …

Fitch Ratings, the global credit rating agency, has affirmed the African Development Bank’s (AfDB) Long-Term Issuer Default Rating (IDR) at ‘AAA’, with stable outlook.  According to the agency, “the ‘AAA’ rating of the AfDB is driven by extraordinary support it receives from its shareholders, which Fitch Ratings assesses at ‘aaa’”. …

Increased and decisive investment will be the channel for Africa’s economic recovery post COVID-19, partners of the Africa Investment Forum said on Friday, expressing confidence in the continent’s potential to rebound from the ongoing health and economic crises. “Africa will come out of this pandemic, tough as it is, and …