Meeting in Khartoum, Sudan, in September 1964, representatives of 25 African countries agreed on the vision of a Bank that could drive economic development across Africa by mobilising additional capital. This led to the creation of the African Development Bank (the Bank), with its leading objective clearly spelled out; ‘To Promote Sustainable Economic Growth and Reduce Poverty in Africa’. In pursuing this resolve, the Bank has focused on projects spanning reliable electric power, clean drinking water, healthcare, education, transport and other critical sectors.
Dr. Akinwumi Adesina, a globally renowned development economist and World Food Prize Laureate, is the African Development Bank Group president, having been unanimously re-elected for a second five-year term in September 2020. First elected in September 2015 as the Bank Group’s eighth president, Adesina, formerly Nigeria’s Agriculture Minister, launched a bold agenda known as the High 5s: Light up and Power Africa; Feed Africa; Industrialize Africa; Integrate Africa; and Improve the Quality of Life for the People of Africa. These priorities, aligned with the UN Sustainable Development Goals, have positively impacted over 400 million Africans. Under his leadership, the Africa Investment Forum was launched in 2018, attracting $180 billion in investments. Read more
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Donald Kaberuka(Rwanda)September 2005 - August 2015 | Omar Kabbaj(Morocco)August 1995 - August 2005 | Babacar Ndiaye(Senegal)May 1985 - August 1995 | Wila D. Mungomba(Zambia)June 1980 - May 1985 |
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Goodall Gondwe(Malawi) – interim1979 - 1980 | Kwame Donkor Fordwor(Ghana)May 1976 - July 1979 | Abdelwahad Labidi(Tunisia)Août 1970 – Mai 1976 | Mamoun Beheiry(Sudan)November 1967 - August 1970 |
