African Development Bank Group

Sidi Ould Tah elected ninth president of the African Development Bank Group. Tah was elected by the Bank’s Board of Governors, comprising finance and economy ministers or central bank governors of the Bank Group’s 81 regional and non-regional member countries. The board is the highest decision-making authority for the Bank Group. Tah will assume office on 1 September 2025, for a five-year term, following the end of the second mandate of current President, Dr. Akinwumi Adesina. More details to follow. #AfDBAM2025

LIVE at #AfDBAM2025: African Development Bank Group Annual Meetings Closing Ceremony

STARTING SOON at #AfDBAM2025: Financing Nature to Catalyse Green and Prosperous African Cities ⏰ 11:00- 12:00 GMT 📍 Salle des Fêtes, Sofitel Abidjan Hotel Ivoire ▶️ https://bit.ly/4jJeZKN (EN) ▶️ https://bit.ly/3ZHuV8S (FR)

LIVE at #AfDBAM2025: Knowledge Event 2: Building Effective Institutions in Africa for Harnessing Capital for Development

STARTING SOON at #AfDBAM2025: Looking Into The Toolkit: Fostering A Conducive Environment For Sustainable Capital Flows ⏰ 9:00- 10:30 GMT 📍 Akwaba Tent, Sofitel Abidjan Hotel Ivoire ▶️ https://bit.ly/3T4tNs9 (EN) ▶️ https://bit.ly/4mDvevo (FR)

#AfDBAM2025 : dans le cadre de ses Assemblées annuelles 2025, le Groupe de la Banque africaine de développement organise un événement thématique de partage de connaissances sur le thème : « Construire des institutions efficaces en Afrique afin de tirer parti du capital du continent pour favoriser son développement ». Quand ? Vendredi 30 mai 2025, 9h – 10h45 (GMT) Où ? Salle des Fêtes du Sofitel Abidjan Hôtel Ivoire, et en ligne L’événement vise à échanger sur les moyens par lesquels l’Afrique peut améliorer et renforcer ses institutions et sa gouvernance afin de mobiliser son capital en faveur d’une croissance et d’un développement durables et inclusifs. Cette session offrira aux pays africains une opportunité d’apprentissage entre pairs. Elle permettra également aux gouverneurs de la Banque et aux autres participants de réfléchir au rôle de la gouvernance économique et des institutions dans la mobilisation du capital pour financer les besoins de développement de l’Afrique. Rejoignez-nous : https://bit.ly/43bFW4M

It’s the final day of the 2025 African Development Bank Group Annual Meetings. Here are some of the events to expect: 🟢 Knowledge Event: “Building Effective Institutions In Africa For Harnessing Capital For Development” 🟢 Looking Into The Toolkit: Fostering A Conducive Environment For Sustainable Capital Flows 🟢 Financing Nature To Catalyse Green & Prosperous African Cities 30 May | Salle Des Fêtes 🟢 Closing Ceremony Visit am.afdb.org for the full #AfDBAM2025 program.

#AfricanEconomicOutlook2025: Africa’s short-term outlook resilient despite global economic and political headwinds. Released during the African Development Bank Group Annual Meetings, flagship report, entitled “Making Africa’s Capital Work Better for Africa’s Development,” highlighted continent’s capacity to weather multiple shocks while identifying pathways to unlock a vast potential for transformation. ✅ 21 African countries will achieve growth exceeding 5 percent in 2025, with four countries—Ethiopia, Niger, Rwanda, and Senegal—potentially reaching the critical 7 percent threshold required for poverty reduction and inclusive growth. ✅ Africa’s projected growth rates will surpass the global average and outpace most other regions except emerging and developing Asia. ✅ Africa’s continued resilience is built on effective domestic reforms and improved macroeconomic management. Despite the positive growth outlook, significant challenges persist. Fifteen countries are experiencing double-digit inflation, while interest payments now consume 27.5 percent of government revenue across Africa, up from 19 percent in 2019. “Africa must now face the challenge and look inwards to mobilising the resources needed to finance its own development in the years ahead,” said Prof. KEVIN CHIKA URAMA, Chief Economist and Vice President of the African Development Bank Group, presenting the report’s findings. More from the #2025AEO launch: https://bit.ly/4mHdNdA #AfDBAM2025

African leaders stress need for homegrown solutions to meet economic challenges. At a high-level Presidential Dialogue during the 2025 African Development Bank Group Annual Meetings, Ghanaian President John Dramani Mahama, President Azali Assoumani of the Union of Comoros, Tanzania’s Vice President Philip Mpango, and Niger’s Prime Minister Ali Lamine Zeine, shared national progress stories and proposed strategies to deepen intra-African trade, strengthen energy and transport systems, and scale up domestic resource mobilization – key areas targeted to ensure Africa fulfills its economic potential. Setting the tone for the meetings, Dr. Adesina delivered an emotional farewell speech, offering an optimistic reflection on his decade-long leadership of the Bank while emphasizing the urgent need for the continent to become self-reliant. He described the Bank’s impact across the continent, including $91 billion in support, 565 million lives improved, & transformational investments in infrastructure, food systems, energy, and financial inclusion. He urged African nations to harness their own capital - natural, financial, and human - to drive a new era of self-reliant development. More from the #AfDBAM2025 session: https://bit.ly/43OsELw

#AfDBAM2025: Building Effective Institutions in Africa to Harness the Continent’s Capital for Development On the sidelines of its 2025 Annual Meetings, the African Development Bank Group will host a thematic knowledge-sharing event to explore how Africa can enhance its institutions and governance to effectively mobilize capital for inclusive growth and sustainable development. WHEN: Friday, 30 May 2025: 9:00 – 10:45 GMT WHERE: Salle des Fêtes, Sofitel Abidjan Hôtel Ivoire, and online. Details on how you can join the conversation: https://bit.ly/4jwcyLv