‘I don’t want freebies’: outgoing AfDB head on why investment, not aid, will shape Africa’s future

After a decade helming the African Development Bank, Akinwumi Adesina hands over to his successor this week. He explains his optimism despite the continent’s challengesThe man known as Africa’s “optimist-in-chief” faces one of his toughest challenges this year: handing over the reins of his beloved institution to his successor. After 10 years at the top of the African Development Bank, Akinwumi Adesina will this week see a new president elected at the bank’s annual meeting in Ivory Coast before a handover in September.Adesina will be passing on a bank that has grown dramatically during his tenure. “In 2015, the capital of the bank was $93bn. Today, the African Development Bank is $318bn.” Continue reading...

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