The Economic Community of West African
States (ECOWAS) has endorsed the candidacy of Akinwumi Adesina, the president
of African Development Bank (AfDB), for a second term.
The decision was announced in a
communique signed by Jean-Claude Kassi, the commission’s president, at the end
of the 56th ordinary session of the Authority of Heads of State and Government
of ECOWAS, that held in Abuja.
ECOWAS said the endorsement is in
recognition of Adesina’s performance during his first term of office as
president of the bank.
Adesina is the eighth elected
president of the African Development Bank Group.
Adesina is a development
economist and the first Nigerian to occupy the position.
He has served in a number of
high-profile positions internationally, including that of Rockefeller
Foundation, as well as Nigeria’s minister of agriculture and rural development
from 2011 to 2015.
The commission commended Adesina
for the bank’s involvement in the provision of technical and financial
interventions to West African region.
It also lauded the president for
the implementation of numerous projects and programmes across the region.
Speaking at the summit, Adesina
announced that AfDB’s portfolio investments in ECOWAS region stood at $20
billion.
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