The clash between US Treasury Secretary Steve Mnuchin and Akinwumi Adesina the Nigerian President of the African Development Bank (AfDB) over the handling of an investigation into complaints against his management of the bank raised tensions further (AC Vol 61 No 8 Adesina Agonistes Vol 61 No 11 Into extra time & Vol 61 No 12 New chief old battles)...
Competition for another international post the presidency of the African Development Bank raised tensions between the US and Nigeria after US Treasury Secretary Steve Mnuchin faulted an internal investigation of complaints against Akinwumi Adesina current president of the bank and a Nigerian...
The battle for the leadership of the African Development Bank gets a new lease of life with the decision under international pressure by its executive directors to open an independent investigation into the conduct of incumbent President Akinwumi Adesina...
Ncube's letter is addressed to David Malpass President of the World Bank Kristalina Georgieva managing director of the International Monetary Fund and Akinwumi Adesina President of the African Development Bank...
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With an execrable sense of timing the African Development Bank the continent's biggest financial institution is consumed by a politicised battle over the future of its President Adesina Akinwumi and his governing style...
African Development BankOn 27 March the AfDB issued $3bn of bonds to shore up the region's economies in what AfDB President Akinwumi Adesina said was the biggest social bond to date...
Vol 60 No 25 |
- CONGO-KINSHASA
Another supporter is Akinwumi Adesina head of the AfDB who has a close rapport with Congo-K's new leader...
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In May AfDB President Akinwumi Adesina made major new AfDB commitments on a visit to Oyo which is represented in Parliament by Sassou's son Denis Christel 'Kiki' while expressing his 'great confidence in [the president's] leadership and the excellent work and efforts of the government'...
The proposed General Capital Increase which has been on the Bank's wishlist for several years has become a defining issue for AfDB President Akinwumi Adesina with insiders seeing it as an informal referendum on his leadership (AC Vol 58 No 12 Bow ties flashing smiles and the big sell)...
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Vol 59 No 10 |
- ECONOMY
- AFRICA
The African Development Bank under President Akinwumi Adesina has added its weight on the issue...