Freetown, Sierra Leone — This article is intended to highlight the recent achievements of the African Development Bank under President Akinwunmi Adesina, underscore the need for a smooth Presidential re-election, and highlight the contributions of the Bank to COVID-19 containment efforts across Africa.
The current President of the African Development Bank, Dr. Akinwunmi Adesina is set for his re-election in May next month, during the 2020 Annual Meetings of the African Development Bank, while many African countries will be struggling with containing the COVID-19 pandemic.
The enormous achievements of President Adesina as Nigeria's former Minister of Agriculture and his first term as President of the African Development Bank since 2015, have greatly contributed to the strategic repositioning of Africa in the global economy.
Besides maintaining the African Development Bank's "AAA" credit rating and increasing the net operating income of the Bank by 50 percent, President Adesina has helped to mobilize US$ 80 billion of new investment capital to support countries in Africa.
As a result of these achievements, President Adesina received unanimous support and endorsement by all 55 Heads of State and Government for his second term as President of the African Development Bank.
