Wayne Lumbasi
The African Development Bank (AfDB) has entered a new era of leadership with the appointment of Mauritanian economist Sidi Ould Tah as its ninth President, succeeding Nigeria’s Dr.Akinwumi Adesina, who concluded his second and final term in September 2025.
During his decade-long tenure, Adesina spearheaded transformative initiatives that strengthened the AfDB’s global reputation. He oversaw the bank’s landmark 5 agenda focusing on energy access, food security, industrialization, integration, and improving the quality of life for Africans.
Under his leadership, the AfDB achieved a remarkable financial turnaround, bolstered its AAA credit rating, and mobilized billions in climate finance and infrastructure investments. His legacy is one of resilience and visionary leadership, leaving the institution on stronger financial and strategic footing.
Now stepping in, Sidi Ould Tah brings over 30 years of experience in development finance and diplomacy. Before his election in May 2025, he served as President of the Arab Bank for Economic Development in Africa (BADEA), where he implemented sweeping reforms that expanded the bank’s resources and deepened its impact across the continent.
His career also includes senior government roles in Mauritania and international postings, equipping him with a rare blend of policy insight and financial expertise.
Ould Tah assumes office at a time of pressing challenges. With reduced donor contributions, rising debt burdens, and urgent needs in energy transition, food security, and infrastructure, his ability to mobilize resources and build partnerships will be tested early. Yet his proven track record suggests he is well placed to guide the AfDB through this pivotal chapter.
As Africa’s premier development finance institution, the AfDB’sleadership transition symbolizes continuity and renewal-honoring past achievements while embracing fresh energy for the continent’s growth.
