Latest News
Senegal announces Amadou Hott's candidacy for AfDB President
News Highlight
The Government of Senegal, through the Ministry of African Integration and Foreign Affairs, officially launched the candidacy of Amadou Hott for the presidency of the African Development Bank (AfDB) on 28 November 2024.
The Government of Senegal, through the Ministry of African Integration and Foreign Affairs, officially launched the candidacy of Amadou Hott for the presidency of the African Development Bank (AfDB) on 28 November 2024.
A Senegalese, Mr. Hott served as the inaugural vice president of the Power, Energy, Climate Change and Green Growth Complex (2016-2019) under the current AfDB President Akinwumi Adesina. He later served the regional development finance institution as Special Presidential Envoy for the Alliance for Green Infrastructure in Africa (2022-2024).
“With over 25 years of strong and diverse experience, combining investment banking, development banking, sovereign wealth fund management and public policy, Mr. Hott embodies a bold and inclusive vision to address the current and future challenges of the African continent,” Mrs. Yassine Fall, Minister of African Integration and Foreign Affairs of the Republic of Senegal said in a statement. “Former Minister of Economy, Planning and Cooperation of Senegal (2019-2022), he is a well renowned economist and financial expert with a deep understanding of the issues facing stakeholders, including governments and the private sector.”
According to the statement sent to Financial Nigeria, the official launch aimed to inform the public about the candidacy of Hott and the support of the Government of Senegal, enhance the candidate's assets and vision for the bank, and mobilise national and international support for this major bid.
Related News
Latest Blogs
- Between legality and legitimacy of Egbetokun’s tenure extension
- Of American aid and imperial destabilisation of Nigeria
- Nigeria's economic prospects in a changing world order
- African banks can leverage intra-African trade if they fix governance gaps
- EFCC and when law enforcement becomes the terror
Most Popular News
- Artificial intelligence can help to reduce youth unemployment in Africa – ...
- MTN Nigeria records N400 billion net loss in full year 2024 results
- AI Startups account for 43 percent of new unicorns
- Analyst provides mixed reaction to Nigerian equity market performance
- Human Rights Watch says EU Commission waters down corporate rules
- Stakeholders agree to improve resilience of submarine telecoms cables