"AfDB Unveils Official List of 5 Cleared Candidates for Bank’s Presidency"

" AfDB Unveils Official List of 5 Cleared Candidates for Bank's Presidency \r\n \r\n\r\nThe African Development Bank (AfDB) has released the names of five candidates cleared to contest its upcoming presidential election.\r\n\r\n \r\n \r\n \r\n \r\n\r\nIn a statement issued this afternoon, the AfDB announced that the candidates were approved by the Bank\u2019s Steering Committee after successfully undergoing the necessary evaluation and qualification process.\r\n\r\n \r\n \r\n\r\nWith the tenure of the current AfDB President, Prof. Akinwumi Adesina, set to expire in May 2025, several contenders have emerged, aiming either to build on his legacy or to introduce new leadership directions for the institution.\r\n \r\n\r\nThe Steering Committee of the Board of Governors on the Election of the President of the African Development Bank convened on February 11 and 12, 2025, at the Bank\u2019s headquarters in Abidjan.\r\n\r\n \r\n \r\n \r\n \" alt=\"The African Development Bank (AfDB) president is elected by the Board of Governors for a renewable five-year term\" width=\"790\" height=\"790\" data-original=\"https:\/\/ocdn.eu\/pulscms-transforms\/1\/a-sktkpTURBXy81YmFmNWI5OTEzMGZhYjhhMTQ4NmY4OGJlNGFkZWQ4Zi5qcGeRlQLNAxbNAxbCww\" \/> \r\n The African Development Bank (AfDB) president is elected by the Board of Governors for a renewable five-year term \r\n \r\n \r\n \r\n \r\n \r\n \r\n\r\nAfter a thorough review of the candidatures, the Steering Committee has cleared the following\u00a0 candidates \u00a0for the presidential election scheduled for May 29, 2025:\r\n\r\n \r\n \r\n \r\n \t Mr. Hott Amadou (Senegal) \r\n \t Dr. Maimbo Munzele (Zambia) \r\n \t Mr. Tah Ould (Mauritania) \r\n \t Mr. Tolli Mahamat (Chad) \r\n \t Ms. Tshabalala Swazi (South Africa) \r\n \r\n \r\n \r\n\r\nThe election will determine the next leader of the AfDB, a key institution driving Africa\u2019s economic development and financial stability.\r\n\r\n \r\n \r\n \r\n The AfDB elections \r\n\r\n \r\n \r\n \r\n\r\nThe African Development Bank (AfDB) president is elected by the Board of Governors for a renewable five-year term.\r\n\r\n \r\n \r\n\r\nThe election process typically involves several candidates from various African countries.\r\n\r\n \r\n \r\n\r\nTo win the election, a candidate must secure at least 50.01% of the total votes of the regional (African) member countries and at least 50.01% of the votes of all member countries (regional and non-regional) of the Bank.\r\n\r\n \r\n \r\n\r\nThe Board of Governors, comprising representatives from the bank's member countries, plays a crucial role in the election process.\r\n\r\n \r\n \r\n\r\nThey examine the candidatures, clear the candidates, and ultimately elect the president.\r\n\r\n \r\n \r\n\r\nIt's worth noting that powerful regional blocs, such as ECOWAS, SADC, and COMESA, can significantly influence the election outcome, especially when they have a candidate in the running.\r\n\r\n \r\n \r\n \r\n "

"AfDB Unveils Official List of 5 Cleared Candidates for Bank’s Presidency"

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