Akinwumi Adesina has been re-elected as President of the African Development Bank (AfDB) for a second 5-year term. The election was conducted on Thursday during the virtual annual general meeting of the bank.
Adesina received 100 percent of all votes cast by the members of the bank.
The AfDB indicated that during Adesina’s first term, they achieved the following:
- Impactful results on the lives of 335 million Africans, including 18 million people with access to electricity.
- 141 million people benefiting from improved agricultural technologies for food security.
- 15 million people benefiting from access to finance from private investments.
- 101 million people provided with access to improved transport.
- 60 million people gaining access to water and sanitation.
“The Bank has maintained its AAA-ratings by all major global credit rating agencies for five years in a row. The Board of Governors of the Bank Group approved a 125% increase in the General Capital of the Bank, raising its capital from $93 billion to $208 billion, the largest in the history of the Bank”, reads a statement on African Development Bank website.
5 lessons from Adesina’s historic re-election as AfDB president with a 100% votes.
— Taiwo Oyedele (@taiwoyedele) August 28, 2020
Thread pic.twitter.com/aTytITqx2d
Below is what Adesina said after his re-election:
I am deeply grateful for the collective trust, strong confidence and support of our shareholders for electing me for a second term as President. It is yet another call for selfless service to Africa and the African Development Bank, to which I will passionately devote myself.
The future beckons us for a more developed Africa and a much stronger and resilient African Development Bank Group. We will build on the strong foundations of success in the past five years, while further strengthening the institution, for greater effectiveness and impacts.
Many world leaders sent their congratulatory messages:
.@akin_adesina, I congratulate you on your reelection as @AfDB_Group President.
— Atiku Abubakar (@atiku) August 27, 2020
I wholeheartedly applaud the re-election of Dr. Akinwumi Adesina (@akin_adesina) as President of the African Development Bank to continue work for the transformation of Africa.
— Ellen Johnson Sirleaf (@MaEllenSirleaf) August 28, 2020
Heko Dr. @akin_adesina for being elected at the helm of @AfDB_Group for another term. Your leadership contributed to our economic recovery and reform and I reiterate my heartiest congratulations to you on your win. Africa looks forward to transcend to greater heights with you.
— Mohamed Farmaajo (@M_Farmaajo) August 28, 2020
https://twitter.com/CyrilRamaphosa/status/1299304989135962112
I congratulate you, my dear brother, @akin_adesina on your re-election as President of the AfDB Group. The reforms you led and your commitment to African development have been highly commendable. I wish you success as you continue to helm this important institution. #AfDBAM2020
— Hage G. Geingob (@hagegeingob) August 27, 2020
Wonderful to get the news of the re-election of @akin_adesina as President of @AfDB_Group. Hearty congratulations to you, my brother, and to Grace! Wishing you five more fruitful years!!
— Ngozi Okonjo-Iweala (@NOIweala) August 27, 2020
https://twitter.com/MagufuliJP/status/1299010013512560642
I congratulate @akin_adesina on his re-election as the President of @AfDB_Group.I'm proud of him because he is a man of vision & capacity. I urge him to deploy his skills to ensure that the positive impact of the Bank’s devt initiatives is felt across the continent.
— Goodluck E. Jonathan (@GEJonathan) August 27, 2020
– GEJ pic.twitter.com/45I2p2ybPs
I congratulate @akin_adesina on his re-election for a second term in office as President of the @AfDB_Group. It is a well deserved victory. I have no doubt that in this second term Dr. Adesina will accomplish even more of his lofty vision for the Bank.
— Muhammadu Buhari (@MBuhari) August 27, 2020
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