BREAKING: Akinwumi Adesina Sworn-in for Second Term as President of AfDB

African Development Bank (AfDB), has again sworn-in Dr. Akinwumi Adesina has the eighth President of the Bank at the swearing-in ceremony and oath-taking which took place on Tuesday, September 1, 2020.

Information gathered that the broadcast which was held virtually was attended by Heads of States, Governors, Nigeria’s former Vice President, Atiku Abubakar, and over 200 external stakeholders who joined physically and virtually.

Dr. Adesina, Nigeria’s former Minister of Agriculture and Rural Development, was re-elected on August 27 to serve a second five-year term, after a unanimous vote of all Governors, regional and non-regional members of the Bank.

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Expressing himself, the AfDB President described his re-election as historic, becoming the first President of the bank to be re-elected by 100 percent votes of all its shareholders and the first Nigerian to hold the post.

According to him, during his first 5-year term in office, the bank focused on five key development priorities known as the High 5s: Light up and Power Africa; Feed Africa; Industrialize Africa; Integrate Africa; and Improve the Quality of Life for the People of Africa.

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