Over the last ten years, the African Development Bank (AfDB) experienced a 241.9% increase in capital growth.
This coincides with the institution gearing up for a leadership change this week, with a successor to Dr. Akinwunmi Adesina coming forward.
President of the AfDB, Dr. Akinwumi Adesina, pointed out the successful replenishment of the African Development Fund, which raised $8.9 billion, and underlined the significant impact the Bank has had, benefiting half a billion Africans through its investments over the past ten years.
He described his tenure as both consuming and profoundly fulfilling, saying it requires absolute commitment to lead an institution of such scale and influence.
“This is not a job. If anyone is looking for a job, please don’t take it. This is not a job. This is a mission,” he stated.
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