Nigeria had tried three times to lead the Bank without success until Akinwumi Adesina broke the jinx and had proved a unifying factor. AkinwumiAdesina AfricanDevelopmentBank AfDB
Houphouët-Boigny’s assertion was one of the driving forces that made Côte d’Ivoire the best among its peers at the time African Development Bank made great impact in Africa as the Institution that provided the stimulus for the development of Africa and, remains headquartered in Abidjan, after a brief “refugee” status in Tunisia.
At the time Babacar N’Diaye, the fifth President of the AfDB, initiated it, followed by Tejan Kabajj of Morocco and Donald Kaberuka of Rwanda, the governance of the Bank was almost 50 – 50 geared in both credit sourcing and decision making to an extent that the fear was that Africa was loosing grips; but it was, indeed, helpful as control remained very thorough and strict.
Akinwumi Adesina like Donald Kaberuka came in also at the time Alassane Ouattara became the President of Côte d’Ivoire, restoring order in Côte d’Ivoire and returning back AfDB from Tunisia, hence the man who also holds the ace in stabilizing AfDB the way Houphouët-Boigny did notwithstanding any group’s interest – regional groups of Cassablanca, Monrovia or Brazzaville, non-Regional groups led by USA and Japan, Staff group led by any Director that tables motion of no-confidence...
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