Tag: AfDB
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Adesina vindicated by AfDB Bureau of Governors
The Bureau of the Board of Governors of the African Development Bank rules an Independent Investigation is not required and stands by the decision of the Ethics Committee in favor of Adesina. Instead an independent reviewer will take a look at process by which the Ethics Committee reached its determination on Adesina’s behalf. The Bank’s…
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I’ll stand by you, Buhari tells AfDB President Adesina
President Muhammadu Buhari says Nigeria will stand solidly behind Dr Akinwumi Adesina in his bid to get re-elected as President of the African Development Bank (AfDB). The President made his position known at State House, Abuja, on Tuesday, when he hosted Adesina, who was on a courtesy visit to the Presidential Villa. Mr Femi Adesina,…
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Alleged corruption: Stop further harassment of Adesina, Reps tells AfDB Board
The House of Representatives has urged the Board of African Development Bank (AfDB) to halt further harassment of the bank’s President, Dr Akinwumi Adesina. The call was sequel to a unanimous adoption of a motion of Matter of Public Urgent Importance by the Minority Leader of the house, Ndudi Elumelu (PDP-Delta) at plenary on Tuesday.…
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Issa Aremu speaks on Adesina’s travails at AfDB, other important national, global issues
TEXT OF PRESS STATEMENT BY COMRADE ISSA AREMU, MEMBER OF THE NATIONAL INSTITUTE (mni) AND VICE PRESIDENT INDUSTRIALL GLOBAL UNION ON MONDAY JUNE 1ST 2020 CONCERN As African trade unionists in Industriall Global Union, we are constrained to express concern about the current unacceptable development at the Pan-African institution, African Development Bank (AfDB). HISTORY Founded…
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Obasanjo wades in on Adesina, urges AFDB to ignore undue pressure from US [Read OBJ’s letter]
Former President Olusegun Obasanjo has urged the board of the African Development Bank to ignore calls for an independent investigation of Akinwumi Adesina by the US. Adesina, who is the president of the AfDB, was accused of favouritism and has been absolved of the allegations by the bank’s ethics committee. In a latter obtained by…
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Alleged corruption at AfDB: U.S. rejects Adesina’s exoneration, demands fresh probe
The United States has rejected the clean bill given Dr. Akinwumi Adesina by the African Development Bank ethics committee, over corruption allegations. Instead, the U.S. has called for an independent probe, thus upending AfDB’s board decision to end an investigation against Adesina. In a letter dated May 22 and addressed to Niale Kaba, chairwoman of…
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COVID-19: What Africa needs to overcome pandemic – AfDB
The African Development Bank (AfDB) Group says accelerated global health and economic effort are the actions needed to be able to overcome the Coronavirus disease (COVID-19) pandemic in the continent. President of the group, Dr. Akinwumi Adesina said this on Wednesday during a global Corporate Council on Africa (CCA) via webinar (web-based seminar), according to…
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I am saddened by Abba Kyari’s death — Adesina
The President of African Development Bank (AfDB), Dr Akinwumi Adesina, says he is saddened by the death of Malam Abba Kyari, Chief of Staff to President Muhammadu Buhari. Adesina said this in his verified Twitter handle on Saturday. Kyari, who died Friday night, had tested positive for COVID-19, a pandemic currently ravaging the world. “My…
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AfDB unveils $10 billion Response Facility to fight COVID-19 in Africa
The African Development Bank, AfDB, Group on Wednesday announced the creation of the COVID-19 Response Facility to assist regional member countries in fighting the pandemic. The Facility is the latest measure taken by the Bank to respond to the pandemic and will be the institution’s primary channel for its efforts to address the crisis. It…