These individuals are seeking to succeed Akinwumi Adesina, the bank’s 8th president, whose tenure is nearing its conclusion. The election, scheduled for May 29, 2025, will determine who becomes the 9th president of AfDB. With their impressive credentials, the candidates are well-positioned to steer the bank’s future.
Meet the Five Contenders
Amadou Hott
Amadou Hott, a former vice president of AfDB, previously led energy and climate initiatives. A Senegalese national, he combines extensive ministerial experience with institutional knowledge. His work on major projects like the Desert-to-Power initiative has solidified his reputation as an influential leader in Africa’s energy sector.
Samuel Maimbo
Currently serving as chief of staff at the World Bank, Samuel Maimbo holds a doctorate in public administration. His career includes extensive experience in auditing, notably at PricewaterhouseCoopers (PwC), which enhances his credibility in financial oversight and policy implementation.
Sidi Tah
Sidi Tah, head of the Arab Bank for Economic Development in Africa (BADEA), has spent over a decade directing Arab capital into African projects. As a Mauritanian national, his leadership showcases expertise in securing alternative funding sources, especially as traditional lenders reduce their financial commitments.
Abbas Tolli
A Chadian economist, Abbas Tolli currently governs the Central African Monetary Union. He has successfully navigated Chad through International Monetary Fund (IMF) bailouts and regional currency challenges. His crisis management skills make him a formidable candidate for the AfDB presidency.
Bajabulile Tshabalala
A South African national, Bajabulile Tshabalala serves as AfDB’s senior vice president. She played a pivotal role in stabilizing the bank’s balance sheet during the COVID-19 pandemic. Her expertise in financial management and institutional stability strengthens her candidacy.
The Stakes Are High
This election comes at a critical time for Africa, as the continent grapples with rising debt, climate change, and the urgent need to create 20 million jobs annually. With a AAA credit rating and a $208 billion portfolio, AfDB plays a crucial role in driving economic progress.
However, the bank faces growing pressure to shift its focus from large-scale infrastructure projects to grassroots initiatives, including agritech startups and women-led small businesses. The new president must navigate these evolving priorities while ensuring sustainable economic development.
As the race unfolds, these five candidates will continue to present their vision for AfDB’s future, shaping the institution’s role in Africa’s economic transformation.
