A well-dressed man enjoying a wine safari experience in Africa, highlighting luxury and sophistication.
When Akinwumi Adesina began his tenure as president of the continent’s pre-eminent multilateral development bank in 2015, the African Development Bank had a capital base of $93bn. Nine years later, with its capital base now at $318bn, Adesina can say with confidence that “the Bank you see today is different.” Arguably Adesina’s biggest achievement as president has been to bolster the Bank’s firepower by convincing regional and non-regional shareholders to strengthen its capital base, leaving it in good stead for years to come.