· Sidi Ould Tah Wiki · African Development Bank Group WikiSwearing-in Speech of Dr Sidi Ould Tah, 9th President of the African Development Bank Group
Read full speech on afdb.org ↗ContextSwearing-in ceremony in Abidjan before Côte d'Ivoire's President and African leaders; the African Development Bank finances Africa's development and must mobilise more capital as aid declines.
Why it mattersThe new AfDB president sets his reform agenda as global aid falls, promising a faster and less bureaucratic bank.
Problems raised
- Multilateralism and aid are declining.
- Debt burdens and climate change hurt Africa.
- The Bank operates too slowly.
Solutions proposed
- Engage clients and partners meaningfully.
- Launch a reform agenda to speed up operations.
- Cut bureaucratic bottlenecks.