Critics include the African Peer Review Mechanism (APRM) an autonomous African Union body as well as Kenya's President William Ruto and Akinwumi Adesina who stepped down as AfDB president last month...

Akinwumi Adesina's second term as AfDB President ends in August leaving $318bn in authorised capital an expanded loan portfolio and moves towards innovative financing such as hybrid capital – first raised at $750 million in January 2024 with a 5...

Three years ago AfDB President Akinwumi Adesina rejected a proposal for Afreximbank to manage some of the 100 billion Special Drawing Rights (the equivalent of US$146bn) — the IMF's reserve currency — that had been allocated to African institutions to counter the financial losses of the coronavirus pandemic on the continent...

The spiralling cost of capital foundering efforts to restructure public debt and the election of a successor to Akinwumi Adesina as president of Development Bank (AfDB) are topping the agenda at its annual general meeting from 26-30 May in Abidjan...

She has been praised for slashing Angola's debt burden from 119% of GDP in 2020 to 58% of GDP in 2024 – a feat lauded by African Development Bank President Akinwumi Adesina last October...

African Development Bank President Akinwumi Adesina who has led the ‘structured dialogue' effort to facilitate Zimbabwe's re-engagement with international creditors – to whom it owes $10bn in interest principal and penalties arrears – remains a key to the debt negotiations...

The AfDB's President Akinwumi Adesina who strongly supports the agency said the rates are ‘three to four times higher' (AC Vol 65 No 12 Adesina urges the bank to go private)...

Five candidates are currently in the running to replace Akinwumi Adesina who has served two terms...