Sidi Ould Tah, a Mauritanian economist and former president of the Arab Bank for Economic Development in Africa, was sworn in on Monday as the new president of the African Development Bank.
He succeeds Akinwumi Adesina, who spent 10 years at the helm and oversaw a period of major growth for the institution.
“The African Development Bank Group cannot aim to be everything to everyone. It has to focus on where it can move the needle most, always with the spirit of partnership,” Tah said at his inaugural address in Abidjan, the home of AfDB’s headquarters, which drew high-level guests including the presidents of Côte d’Ivoire and Mauritania, French Development Agency CEO Rémy Rioux, and African Finance Corporation CEO Samaila Zubairu.
Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).
About the author
Ayenat Mersie
Ayenat Mersie is a Global Development Reporter for Devex. Previously, she worked as a freelance journalist for publications such as National Geographic and Foreign Policy and as an East Africa correspondent for Reuters.
