BREAKING: Adesina Sworn In For Second Term As AfDB President

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President of the African Development Bank, Dr Akinwunmi Adesina, has been sworn-in for the second term in office.

The ceremony held virtually and broadcast online on Tuesday.

The Chairperson of the AfDB board of Governors and Ghana’s Finance Minister, Kenneth Ofori-Attah, administered the oath of office.

Adesina, Nigeria’s former Minister of Agriculture and Rural Development, was re-elected on August 27, after getting a 100 percent vote of all regional and non-regional members of the Bank.

He is expected to serve another five-year term.

The globally renowned development economist, was first elected as President of the Bank on May 28, 2015.

He is the first Nigerian to be elected and re-elected to serve as the bank’s President.

The swearing-in ceremony was attended by Heads of States, Governors, and external stakeholders, according to a statement from the bank.

During Adesina’s first term, the Bank achieved 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; and 60 million people gaining access to water and sanitation.

SOURCE:PUNCHNEWSPAPER



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