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This week, Akinwumi Adesina stepped down as the chief of the African Development Bank after a 10-year tenure. He was replaced by Sidi Ould Tah at the helm of the institution, who is promising reform, new partnerships, and a focus on jobs — even as the bank confronts tight budgets and a looming African Development Fund replenishment.
In the United States, the Trump administration proposed another $5 billion cut to foreign aid spending through a move known as a “pocket rescission.” This proposal builds on the cancellation of roughly $8 billion in foreign aid funding in July. We take a look at the controversial maneuver, which has not been used since 1977.
To dig into these stories, and others, David Ainsworth sits down with Michael Igoe and Ayenat Mersie for the latest episode of our podcast series.
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About the author
Thomas Cserep
Thomas Cserép is an Associate Editor who manages and oversees Devex's social media presence, coordinates Devex’s audience outreach, and produces the This Week in Global Development podcast. Prior to Devex, he worked as a freelance journalist, with his writings appearing in a variety of publications, including Get Spanish Football News and the magazine of the Hungarian Geographic Society.
