AfDB says it has improved the lives of 181 million Africans over the past four years

Dr. Akinwumi Adesina

The president of the African Development Bank said today that more than 180 million Africans benefited from the bank's initiatives in a tribute speech that also served to bolster his candidacy for a new mandate.

"At AfDB we have worked hard these years; in my four years as president we have connected 16 million people to electricity, we have given 70 million access to agricultural technologies to ensure their food security, we have provided 9 million people with access to financial services, we have transported 55 million and we gave access to water and sanitation services to another 31 million out of a total of 181 million people who directly benefited from our investments," said Akinwumi Adesina.

In a speech in Lagos, where he received the HALLMARKS OF LABOR Foundation Life Award, Adesina confirmed his candidacy for a new term ahead of the fate of this multilateral financial institution and was "proud of the employees and the board of directors" of the AfDB Group, according to the written speech sent to Lusa.

Noting that the bank was able to maintain the triple AAA rating and was rated as the fourth most transparent institution globally, Adesina acknowledged that there is still much work to be done.

"We have already made some way up this steep mountain that is the development of Africa, but there is still a long way to go before we reach the top," concluded the former minister of agriculture of Nigeria.