Dr. Akinwumi Adesina

AfDB Calls For Increased Funding To Reduce Climate Change

October 4, 2022 11:36 am

As part of their strategies, the African Development Bank (AfDB) has made a call on some world leaders and some other stakeholders to further implement and increase their financing to mitigate some of the effects of climate change and food insecurity.

The bank had also made the open call at the recently concluded 77th United Nations General Assembly (UNGA) meetings which had been held in New York.

Read Also: AfDB Inaugurates Youth Entrepreneurship Banks In Nigeria

The President, AfDB Group, Dr. Akinwumi Adesina had also led the bank’s delegation to some of the meetings and he had also played an …

Adesina Sends Message To AfDB Stakeholders

August 23, 2020 3:18 pm

The President African Development Bank (AfDB), Dr Akinwumi Adesina said the 2020 Annual General Meeting (AGM) of the bank will provide a forum to discuss ways to help Africa in its economic recovery.

According to him, it will also provide an avenue to come up with post-COVID-19 strategies.

Adesina said this in a video to welcome shareholders and other stakeholders ahead of the forthcoming virtual annual meeting scheduled between Aug. 25 and Aug. 27.

Read Also: Africa’s Outlook Positive, AfDB Officials Tell Indian Investors

He said the meeting would also offer opportunity for shareholders and stakeholders to dialogue, provide insights, …

Yoruba Group Writes Pompeo: U.S. Should Leave Adesina Of AfDB Alone

June 6, 2020 10:02 am

A Yoruba group has called on the United States Government not to oppose the second term election of the President of Africa Development Bank, (AfDB), Dr. Akinwumi Adesina.

In a letter directed to the United States Secretary of State, Mike Pompeo, the pan-Yoruba socio-cultural group, the Yoruba Koya Leadership and Training Foundation, declared that opposing Adesina’s second term ambition is tantamount to opposing the general interests of the African people.

The letter was signed by the group’s founder and Vice-president, Otunba Ayodeji Osibogun and five other leaders of the organisation.

They are Senator Tokunbo Ogunbanjo, Vice-Chairman, Board of Trustees, Dr. …

AfDB Chief, Adesina Reveals How Nigeria Can Be Restructured

Corruption At AfDB: U.S. Rejects Adesina’s Exoneration

May 25, 2020 10:28 am

The United States has rejected the clean bill given Dr. Akinwumi Adesina by the African Development Bank (AfDB) ethics committee, over corruption allegations.

Instead, the U.S. has called for an independent probe, thus upending AfDB’s board decision to end an investigation against Adesina.

In a letter dated May 22 and addressed to Niale Kaba, chairwoman of the bank’s board of governors, U.S. Treasury Secretary Steven Mnuchin said the Treasury disagreed with findings by the bank’s ethics committee that “totally exonerated” Adesina.

Kaba confirmed receipt of the document and declined further comment, according to Bloomberg.