Dr Akinwumi Adesina, President of the African Development Bank (AfDB), emphasised the bank’s role in promoting stability, growth, and sustainable development on the African continent.
In his address to Ireland’s leading international affairs think tank, the Institute of International and European Affairs (IIEA), Adesina discussed some of the opportunities and challenges that Africa is currently facing, such as food security, debt sustainability, climate change, and the financing gap, as well as what the African Development Bank is doing to support and accelerate Africa’s development.
He believes that increased crisis preparedness, the development of quality healthcare systems, and infrastructure projects to strengthen the continent’s resilience can help Africa overcome its challenges.
AfDB President Dr Akinwumi A. Adesina is widely regarded as “Africa’s Optimist-in-Chief” for his visionary leadership and passion for Africa’s transformation.
Dr Adesina was elected President of the African Development Bank Group for the first time in 2015 and was unanimously re-elected for a second five-year term in 2020.
Former Nigerian Agriculture Minister, he was awarded the World Food Prize, also known as the “Nobel Prize for Agriculture,” in 2017.
Dr Adesina led the African Development Bank Group to its highest capital increase since its inception in 1964, and it responded boldly and quickly to the COVID-19 pandemic. In 2020, Ireland will join the African Development Fund and the African Development Bank.
Recall that, Akinwumi Adesina, the President of the African Development Bank (AfDB), has declined to run for President of Nigeria in the 2023 election.
Early in May, a group of loyalists purchased the ruling All Progressives Congress (APC) nomination form for Adesina to succeed President Muhammadu Buhari, whose second term ends in May 2023.