The African Development Bank President (AfDB), Dr. Akinwumi Adesina, has described the $19.5 billion Dangote oil refinery and petrochemical plant projects as a “game-changing initiative” that will spur Africa’s development and deepen regional integration, while on a tour on Saturday of the partially bank-funded project. The complex will create 38,000 jobs during construction. According to Read More…
They met on the sidelines of a three-day Paris Peace Forum, at a dinner at the Élysées, Paris. At the dinner hosted by French President, Emmanuel Macron on Nov. 11, the African Development Bank (AfDB) CEO, Akinwumi Adesina, had a chance tete-a-tete with US Vice President, Kamala Harris, during which they posed for a colourful Read More…
Says even if Africa triples gas consumption, only 0.67% of global gas will be emitted African Development Bank President Akinwumi Adesina said on Thursday that gas remained critical for African economies despite the global push to end investments in fossil fuels as the world transitions to cleaner fuels. Speaking from the side-lines at the COP26 Read More…
“Do not judge a runner by the challenges he or she faces, or the strains on their legs as they run, or even the grimaces on their faces; judge them at the finish line. Africa will finish its race for development well, against all odds!” That is the prediction of the President of the African Read More…
The Federal Government has congratulated Dr Akinwumi Adesina, President of African Development Bank (AfDB) Group on his re-election as the eighth president of the bank for a second term. The congratulatory message was delivered by Mrs Zainab Ahmed, Governor of Nigeria to AfDB, and Minister of Finance, Budget and National Planning on Tuesday. Ahmed said Read More…
The 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 said about 18 million Read More…